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Council directs staff to draft code amendments allowing broader short-term-rental tokens, moves electrification token program forward 3–2

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Summary

Council authorized staff to develop municipal-code amendments enabling issuance of tokens for programs beyond workforce housing and directed development of a building-electrification token program; the measure passed on a 3–2 vote.

The Town of Truckee council voted 3–2 to direct staff to develop municipal-code amendments allowing issuance of short-term-rental (STR) registration "tokens" for programs beyond the original workforce-housing pilot, and to proceed with a detailed proposal for a building electrification token program.

Staff described the proposed building electrification token program as a low-cost, transferable incentive that would accelerate residential electrification by awarding tokens to property owners who install high-impact greenhouse-gas-reduction measures (for example, heat-pump space or water heating). A token would allow the holder to bypass the town's existing STR certificate wait list and obtain a transient-occupancy registration certificate immediately for an eligible STR property; tokens would be transferable and expire if not redeemed within an initial period.

Town staff proposed eligibility rules to limit the program to existing single-family homes, townhomes and condos (not new homes built after 2011); the proposal would exclude manufactured and mobile homes pending further technical study. Staff also proposed annual issuance limited to a small number of tokens (staff suggested up to 15 tokens per year) and recommended measures to reduce impacts on long-term housing, including making properties currently enrolled in lease-to-locals or other tenant-protection programs ineligible until completion of those commitments.

Supporters on council emphasized the program's potential to accelerate electrification without large direct rebates; opponents raised concerns that basing incentives on an STR wait list could create market uncertainty and argued staff should wait until the STR regulatory revision process is complete. After debate the council passed the motion to direct staff to prepare both the code amendments and a full program proposal; the roll-call vote was: Council Member Romack — no; Vice Mayor Klobstad — yes; Mayor Zabriskie — yes; Council Member Polavie — no; Council Member Henderson — yes. The motion passed 3–2.

Staff said it will continue program design, stakeholder engagement and drafting of the proposed municipal-code amendment and program guidelines, and will return to council with a full proposal and draft ordinance for review.