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housing goals, and we are on track to exceed them well before 2029." Short <br />term rentals do not reduce the city's housing needs. <br />3. Fiscal Impact of Banning Short Term Rentals could possibly be millions as the <br />city will lose out on collecting TOT's (transient occupancy tax). With Measure <br />X soon to expire in 2029, the city will lose out revenue it relied on to support <br />emergency response services, homelessness, maintaining senior citizen <br />programs and after school programs. Banning short terms rentals is similar <br />to "Throwing the baby out with the bath water." <br />We have met with the planning commission back in 2022, to start discussion on <br />implementing a reasonable and fair short-term rental program that balances the <br />needs of the city and short-term rental homeowner residents. Just this past <br />December (December 11t" 2023) the planning commission, under a work study <br />session, addressed having a short-term rental program in place. A majority of <br />appointed planning commissioners were in favor of having a program in place (see <br />planning commission meeting video dated December 11t" 2023) and some have <br />admitted to utilizing short term rental for their own personal use and/or business <br />use. Shortly thereafter, the planning commission reached out to some of us short <br />term rental owners for our input, suggestions etc. It was a surprise and disappoint <br />to hear about the proposed ordinance banning short term rentals. <br />We strongly believe in working with the city in getting a program in place is the <br />best for all parties involved. Having a program in place will help with the <br />proliferation of short-term rentals, the bad actors and absentee owners. <br />Vote NO on the proposed ordinance to Prohibit Short Term Rentals. <br />Thank you, <br />