(A)   Purpose. The purpose of this subchapter is to regulate the use of residential units as short term rentals (STR) in order to:
      (1)   Protect the integrity of the residential character of the town's existing neighborhoods and the quality of life of its citizens;
      (2)   Establish a system to track and manage the STR inventory in the town; and
      (3)   To protect the health and safety of occupants of STR units.
   (B)   Definitions. For purposes of this subchapter the following definitions shall apply unless the context clearly indicates or requires a different meaning.
         (a)   The rental or lease for valuable consideration of a residential dwelling unit, or portion thereof, for a duration of less than 30 consecutive days;
         (b)   Home-based businesses and tourist accommodations, including hotels (includes motel and extended stay), boutique hotels (includes inn), and similar accommodations located on property in a commercial zoning district are not considered  SHORT TERM RENTALS.
         (c)   This subchapter and its requirements shall apply to any and all businesses that qualified as a bed and breakfast under the previous town ordinances.
   (C)   Maximum number allowed. At no time shall the maximum number of STR dwellings exceed more than 1% of the entire number of dwelling units located within the town, as is reviewed and updated on an annual basis in January of every year.
(Ord. 19048, passed 8-13-19)