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Friday, November 15, 2024

City of Gaithersburg Economic and Business Development Committee met September 21.

Meeting 10

Gaithersburg Economic and Business Development Committee met Sept. 21.

Here is the minutes provided by the committee:

1. CALL TO ORDER

The Regular Session of the Economic and Business Development Committee was called to order at 7:45 AM with Member Henry Bernstein presiding.

Attenndee Name

Title

Status

Don Fatzie

Chair

Absent

Henry Bernstein

Member

Present

Daniel Dellon

Member

Absent

Scott Friedman

Member

Present

Vishal Gupta

Member

Absent

Jeffrey Hines

Member

Absent

John Lin

Member

Absent

Matthew Markiewicz

Member

Absent

Erik Morrison

Member

Present

Tony Salah

Member

Present

Tracie Seward

Member

Absent

Dileep Thatte

Member

Present

Philip Usatine

Member

Present

Chandra Wright

Member

Present

2. APPROVAL OF MINUTES

A. Regular Session held July 20, 2018

Vishal Gupta, although not present, voted via email to approve the minutes

RESULT: APPROVED [UNANIMOUS]

MOVER: Scott Friedman, Member

SECONDER: Henry Bernstein, Member

FOR: Bernstein, Friedman, Gupta, Morrison, Salah, Thatte, Usatine, Wright

ABSENT: Dellon, Hines, Lin, Markiewicz, Seward

3. DISCUSSION TOPICS

A. Short-term Rentals (Airbnb-type properties) versus Hotels: Regulation and Tax Revenue Implications

Those present discussed licensing and taxation of short-term residential rentals, focusing on issues that included health & safety of hosts and guests, impact upon neighborhoods, revenue-generating opportunities for landlords, duration and frequency of rental activity. Suggestions included establishing a licensing fee equal to the estimated median tax revenue properties generate (as an alternative to a room tax), waiving a licensing requirement on properties that rent for fewer than a threshold of a few days per year, and limiting regulation. Health and safety, maximum days offered for rental per year, and parking were generally deemed to be items that likely require regulation.

4. ADJOURNMENT

There being no further business, the session was adjourned at 9:00 AM

http://gaithersburgmd.iqm2.com/Citizens/FileOpen.aspx?Type=12&ID=3906&Inline=True

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