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Council advances amendment clarifying fractional ownership treated as time shares
Summary
City attorney presented amendments to the time-share ordinance clarifying that fractional ownership of single-family residences is a time share and therefore not allowed in residential zones; council approved first reading and set the second reading/adoption for June 3, 2025.
At the May 20 meeting the council conducted the first reading of an ordinance amending the city’s time-share code to make explicit that fractional ownership arrangements in single-family residences qualify as time shares and are not permitted in residential zones.
City Attorney Heather Strad explained the amendment responds to a new model—fractional ownership shares of single-family homes—recently marketed in the region. Staff described earlier cease-and-desist notices and settlement agreements with an operator (identified in the presentation as Picasso) and said the amendment will close that loophole by aligning local code with the state Vacation Ownership and Time-Share Act.
Council held the first reading by title, voted to refer the ordinance to a second reading and adoption on June 3, 2025, and directed staff to return with any clarifying edits.
