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HomeMy WebLinkAbout25133Resolution No. 25133 Page 2 at the urban-rural interface with longer commute times and a higher exposure to fire hazard. • Forced public employees, health care providers, teachers, and others, including critical safety personnel, into more affordable housing farther from the communities they serve, which will exacerbate future disaster response challenges in high-cost, high-congestion areas and increase risk to life. • Driven families and individuals out of the state or into communities away from good schools and services, making the ZIP Code where one grew up the largest determinate of later access to opportunities and social mobility, disrupting family life, and increasing health problems due to long commutes that may exceed three hours per day. WHEREAS, in 2018, the City Council adopted Resolution No. 24493, declaring a shelter crisis based on the finding that the health and safety of unsheltered persons is threatened by a lack of shelter; and WHEREAS, in 2019, the California Legislature declared a statewide housing emergency, to be in effect until January 1, 2025; and WHEREAS, the City finds that the use residential property for Vacation Rental, as defined above, has the potential to contribute to the affordable housing crisis by making such property unavailable for longer term tenancies or permanent housing needs; and WHEREAS, the purpose of this Resolution is to enhance the City’s ability to fund affordable housing programs in the public interest and to protect the public health and welfare by helping address the state and local affordable housing crisis; and WHEREAS, the City Council finds that the adoption and implementation of this Resolution set forth below is within the power and authority of the City to protect the public health, safety, and welfare of the City’s residents, businesses and visitors; and WHEREAS, all other legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. Incorporation of Recitals. The City Council finds that all the facts, findings, and conclusions set forth above in this Resolution are true and correct and are incorporated herein by this reference. SECTION 2. Set Aside of a Portion of Vacation Rental TOT for Funding of Affordable Housing Programs. The City Council hereby establishes, as a policy of the City of Palm Springs, that fifty percent (50%) of the annual four and one half percent (4.5%) General Fund Portion of TOT revenue generated by Vacation Rentals (including Homeshares), as those terms are defined in Chapter 5.25 of the PSMC, be directed to