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ISLE OF PALMS BUSINESS COUNCIL AUGUST 1 ST , 2007

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ISLE OF PALMS BUSINESS COUNCIL AUGUST 1 ST , 2007. Short Term Rental Workshop. Isle of Palms Planning Commission September 26, 2005. Planning Commission Members. Dick Cronin, Chairman Mack Canterbury, Vice Chairman Joe Clark Bob Hooper Ginny Huseby Michael Loftus.

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Presentation Transcript
short term rental workshop

Short Term Rental Workshop

Isle of Palms Planning Commission

September 26, 2005

planning commission members
Planning Commission Members
  • Dick Cronin, Chairman
  • Mack Canterbury, Vice Chairman
  • Joe Clark
  • Bob Hooper
  • Ginny Huseby
  • Michael Loftus
city council request january 25 2005
City Council RequestJanuary 25, 2005
  • 1. Review the Comprehensive Plan and the zoning ordinance language dealing with residential uses.
  • 2. Survey and categorize properties in the SR1 and SR2 zoning districts in the following categories:

∙ Vacation rental

∙ Owner occupied homes

  • 3. Survey and categorize construction trends including demolitions and sizes of new construction for the past fifteen years.
city council request continued
City Council Request(continued)
  • 4. Determine the economic impact of rental properties including revenues generated and expenses.
  • 5. Determine the impact rentals have on the quality of life in the affected districts through communication with residents and collection of public safety data.
  • 6. Prepare report and recommendations for City Council.
planning commission s strategic plan
Planning Commission’s Strategic Plan
  • Create subcommittees of the Commission- Economic, Statistical and Database Management
  • Create database of information available from Assessor\'s office and rental license information
planning commission s strategic plan continued
Planning Commission’s Strategic Plan(continued)
  • Seek input from outside sources

- Rental owners

- Citizens impacted by rentals

- City departments and staff

database creation
Database Creation

Source: Charleston County

  • TMS Parcel #
  • Property Address
  • General Use (single family, commercial, etc.)
  • Legal Description (lot, block, etc.)
  • Lot Size
  • Tax District
  • Owner (name and address)
  • # of Bedrooms
  • # of Bathrooms
  • Square Footage
  • Sale (date and price)
  • Appraised & Assessed Value
  • Taxes Paid
  • Legal Residence (4% yes or 6% no)
  • Year Built
database creation9
Database Creation

Source: City of Isle of Palms

  • Residential Rental Gross Income
  • Residential Rental License Fee
  • Rental Agent (name and address)
dwelling statistics
Dwelling Statistics

1846

Dwellings in SR1 & SR2

use of homes by age sr1 sr2
Use of Homes by Age(SR1 & SR2)

Built Prior to 2001

Built After 2000

short term rental workshop20
Short Term Rental Workshop

Thank you for coming

and

Please share your input

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