This chapter has been adopted in accordance with the provision of the Local Government Land Use Control Enabling Act of 1974, as found in C.R.S. §§ 29-20-101 et seq., as more particularly spelled out in C.R.S. § 29-20-104, to regulate condominium developments which may result in significant changes in the population of the town and to control the impact thereof on the town and the surrounding areas. The town finds that this chapter is necessary for the protection of the public health, safety and welfare to accomplish the following purposes:
(A) To ensure the performance of maintenance responsibilities in condominiums and converted condominiums, and to promote the public health, safety and welfare;
(B) To ensure that rental units being converted to condominiums meet reasonable physical standards as required by subdivision and building codes adopted by the town;
(C) To protect from unnecessary eviction the residents of rental units being converted to condominiums, and to assist these residents in meeting their future housing needs;
(D) To preserve a reasonable balance in the owned versus rental housing mix and to maintain the supply of low to moderate income units available in the town;
(E) To monitor the supply of low to moderate income units so that the town may take measures to avoid a worsening housing crisis; and
(F) To ensure the rental pool of accommodation units is not depleted by the conversion of lodges and accommodation units to condominiums.
(Ord. 2(1983) § 1; Ord. 1(1995) § 1; Ord. 5(2000) §1)