How will enforcement of the provisions of Article 1 be funded?

It is expected that the provisions of Article 1 will be funded from the registration fee of $250 per registration. Given recent numbers of STRs, that would bring in more than $500,000 per year. A portion of that would be used to pay for data gathering, and the rest could be used on ongoing enforcement of regulations.

The Town will have the ability in the future to adjust the size of the registration fee as needed to cover the costs of enforcement.

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1. What are the differences between the Select Board-approved Warrant and the Finance Committee-approved Warrant?
2. What is the process for reverting to the Select-Board version of the Warrant and/or Articles?
3. If Article 2 does not pass, will the Town of Nantucket be liable for legal fees associated with legal challenges to the Town’s approval of certain STRs by neighbors of these STRs?
4. Explain “Hosted Stays” and “Cottage Colonies.”
5. Is there an estimate of the cost of enforcing the regulations in Article 1?
6. How will enforcement of the provisions of Article 1 be funded?
7. Are there exceptions to the regulations in Article 1 for hardship/unusual situations?