SUBSTITUTE ORDINANCE NO. BL2016-382

An ordinance to amend Chapter 6.28 of the Metropolitan Code pertaining to types and quantities of Short Term Rental Property.

WHEREAS, the needs of long-term residents should be reasonably balanced with the allowance of short-term rentals; and

WHEREAS, to further this goal, Nashville's Short Term Rental Property ordinance should be modified; and

NOW, THEREFORE BE IT ENACTED BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:

Section 1: The second sentence of Part Q of Section 6.28.030 is deleted and replaced with the following as a new subpart of Part Q:

__. Limits on quantities

(a) Type 2: No more than one percent of the units eligible for Type 2 status within each census tract shall be permitted as a Type 2 STRP unit; provided however that any Type 2 STRP unit with a valid permit as of November 30, 2016, may continue to have its permit renewed under the terms of this section until such time as there is any change in ownership of the STRP.

(b) Type 3: No more than one percent of the units eligible for Type 3 status within each census tract shall be permitted as a Type 3 STRP unit; provided however that any Type 3 STRP unit with a valid permit as of November 30, 2016, may continue to have its permit renewed under the terms of this section until such time as there is any change in ownership of the STRP.

Sponsored by: Bob Mendes