Michael Applegate 
Member since Jul 12, 2018


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Re: “Springs group crafting vacation rental law

As RMS points out, right now in Colorado Springs, anyone can operate a lodging business in any house in almost any neighborhood by using an investment property exclusively as a short term rental. City Council will be voting in August on code regarding Short Term Rentals (STRs). To date, most of the feedback about the proposed ordinance has been coming from the owners/investors of short term rentals. However, the City Planning office wants to hear from neighborhood residents too. What kind of neighborhood do you want to live in? What impact do/could investment properties solely used as short term rentals have on your neighborhood?
As an example, the house across the street from us in Holland Park has become one of the these businesses, and we have lost the opportunity to have a long-term neighbor. If left unchecked, it could happen to you as well! Investors see this as a lucritive way to maximize their profits (vs. renting long term to actual residents of our city) and it has the potential to choke out real residents who need to have a place to live their lives. Please contact Meggan Herington from the City Planning office before its too late to have your voice heard:
(719) 385-5083
mherington@springsgov.com.
Do so no matter how you feel, knowing that this is a real opportunity for your voice to have a lot of influence on city policy.

Posted by Michael Applegate on 07/12/2018 at 2:08 PM

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