PETOSKEY — For the first time since July, license applications for new short term rental properties in the City of Petoskey are open.
The Petoskey City Council approved lifting a six-month moratorium on any new or transfer short term rental licenses during their meeting on Monday.
The moratorium was put in place while the city considered new ordinances related to short term rentals. The council later adopted Ordinance No. 793 and Ordinance No. 794 on Dec. 4.
“On Dec. 18, city council did pass a resolution lifting the moratorium on the 33 grandfathered and/or existing operating properties while extending the moratorium until (Monday) on processing of applications for short term rental licenses for all properties not previously licensed or operating as a short term rental,” said city manager Shane Horn.
Earlier this month, the council also set a cap of 40 for short term rental properties in the city. This means that with the 33 existing licenses, there are seven still available in 2024 for new applicants.
“Also, as you are aware, we did receive a notice of intent to file a protest petition on Dec. 15,” Horn said. “That 30-day process has expired. We did not receive a petition, hence the reason for this resolution in front of you today to lift the moratorium on the issuance of new short term rental licenses and/or transfers for your consideration.”
The council voted 4-0 to lift the moratorium, with one member absent.
Now that the moratorium is lifted, city clerk Sarah Bek said “tomorrow begins where any new, brand new, short term rental that is in an allowed district under Ordinance 794 could apply.”
— Contact Jillian Fellows at [email protected].