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EXECUTIVE SUMMARY <br />FROM: The Moorings of Vero Property Owners' Association, Inc. <br />— Short-term Rentals Special Committee — George <br />Bryant, Vic Cooper and Bob DeWaters <br />TO: Indian River County Commissioners Wesley S. Davis, Bob <br />Solari, Peter D. O'Bryan, Joseph E. Flescher and Tim Zorc <br />SUBJECT: Proposed Comprehensive Vacation Rental Ordinance <br />DATE: June 9, 2015 <br />The Moorings of Vero Property Owners' Association, Inc. (MPOA) <br />has over 1,150 property owner members in The Moorings area of <br />Indian River County (IRC), including over 190 individual <br />homeowners. Because of its concern with the abuses of short- <br />term rentals of individual homeowners' properties in IRC, the <br />MPOA created its Short-term Rentals Special Committee <br />(Committee). <br />The Committee has prepared and attached to this Memorandum <br />a proposed Ordinance for adoption by the IRC Board of County <br />Commissioners. The Ordinance proposes a comprehensive <br />approach to the regulation on vacation rentals in IRC, based on <br />similar ordinances already adopted by other Florida <br />municipalities. <br />The Ordinance would apply to both short-term (less than 28 days) <br />rentals and event rentals (for weddings and other commercial <br />Events). It also covers parking at properties subject to short-term <br />rentals. It regulates noise, trash and other issues related to such <br />rentals. It also establishes a mechanism for handling neighbors' <br />Attachment 10 <br />188 <br />