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TC Res. No. 1979-24TOWN OF AVON RESOLUTION NO. 24 SERIES OF 1979 A RESOLUTION CONCERNING VACATION PLANS, VACATION LICENSES, VACATION LEASES, VACATION CLUB MEMBERSHIPS, TIME-SHARING PLANS AND OTHER INTERVAL OWNERSHIP OR PLANS; PROVIDING FOR A MORATORIUM ON THE ORIGIN, INITIATION, MARKETING AND SALES OF ANY SUCH PLAN OR DEVICE DURING WHICH MORATORIUM SUCH ACTIVITY SHALL NOT BE PERMITTED AND DURING SUCH PERIOD SUCH ACTIVITY SHALL BE SUBJECT TO STUDY; INVITING INPUT CONCERNING FUTURE REGULATION AND LEGISLATION FROM THE PUBLIC AND ANY INTERESTED CITIZENS OR GROUPS; AND EXPRESSING THE IN- TENTION OF THE TOWN COUNCIL TO LEGISLATE AND REGULATE IN THIS AREA CONSISTENT WITH THE PUBLIC HEALTH, WELFARE AND SAFETY. WHEREAS, the phenomenon known generally as "time-sharing" is found in many ski resort towns in Colorado; and WHEREAS, certain overtures and proposals have been made to the Town of Avon by those interested in estab- lishing time-sharing plans or programs in the Town of Avon; and WHEREAS, time-sharing in its various forms is a complex subject involving Land Use, Zoning, Securities and Property Law, among others; and -1- ft . 0 0 WHEREAS, the permissible regulation of time-sharing is a subject within the scope of authority of the Town Council acting in the interest of the public health, safety and welfare; and WHEREAS, such regulation and legislation, if enacted, should represent a fair consensus and a reason- able, workable plan; and WHEREAS, it is necessary to study the subject as well as the possible approaches toward achievement of the goals, NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE TOWN COUNCIL FOR THE TOWN OF AVON, COLORADO: 1. That there is declared a moratorium, effective immediately, on the origin, initiation, marketing and sales, as well as all related or similar activity, in connection with all vacation plans, vacation licenses, vacation leases, vacation club memberships, time-sharing plans and other interval ownership or plans and such activity is hereby prohibited. 2. That this moratorium shall continue for a reasonable time period and until March 15, 1980, or until the Council may determine by Resolution. -2- 3. That during this moratorium the Council shall study the time-sharing phenomenon as it applies or may apply to the Town of Avon and such study shall be directed toward the possibility of enacting legislation, if it appears to the Council that legislation in this area is desirable. 4. That the Council hereby invites the thoughts, opinions and ideas of any persons or groups on the subject of time-sharing and the regulation thereof. RESOLVED AND PASSED AND ORDERED PUBLISHED ONCE BY TITLE THIS 27th DAY OF NOVEMBER, 1979. Angel V. Alp , M yor °Town of Avon ATTEST: Patricia J. Doyle, Town erk Town of Avon - 3_-