A.
Whereas there is a critical shortage of affordable housing in the city of South Lake Tahoe;
B.
And whereas the conversion of residential property within the city to vacation time-sharing projects eliminates residential property otherwise available for rental in the city;
C.
And whereas vacation time-sharing projects have the character of a commercial use due to the multiple occupancy of such projects by those participating in time-sharing projects;
D.
And whereas such projects are therefore appropriately confined to commercial zones;
E.
And whereas such commercial or quasi-commercial use is inappropriate in residential areas due to the increased traffic generation and multiple occupancies disturbing the peace and quiet of residential neighborhoods;
F.
And whereas the lodging of transients is a substantial factor in the economy of the city;
G.
And whereas many owners of time-share units are renting their units to transients (as such term is defined in SLTCC § 3.00.010) without accounting to the city for the tax imposed by SLTCC § 3.50.050. Such rentals compete directly with the transient lodging facilities industry which is a very substantial factor in the economy of the city. These time-sharing projects should contribute to the city's economy in a manner similar to transients renting motel or hotel units;
The city council of the city of South Lake Tahoe does hereby find and determine that this chapter is necessary to accomplish the objectives set forth in the above section and to protect the public health, safety and welfare of the citizens of the city of South Lake Tahoe pursuant to the laws of the state of California.
(Ord. 698; Ord. 728; Ord. 966 § 1; Ord. 1199 § 1; Code 1997 § 33-1)