By signing this petition you are requesting the Board of Directors of Forest Highlands Golf Club to immediately initiate a CCR change/membership vote instituting a minimum rental period of 1 month. Members request a one item vote, this issue only.
SB1350 allows private communities to restrict short term rentals only through CCR changes. Short term rentals are defined as rentals of less than one month. The membership feels short term rentals place the safety and privacy of the membership at risk.
Renters do not add revenue, they cost members money. Membership dues are the engine that keeps the doors open. Forest Highlands is extremely expensive to run so, use of the community by non-members is subsidized by its members. To confirm, refer to the online operating budget.
Signing this petition sends a clear message to the Board.
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We would certainly be willing to vote. That said, the rule changes by the board might also be effective although this might be a cleaner fix. Nothing against renters or people wanting to rent their place but it is not in the best interest of the community. A $100K decrease in your property value is the equivalent of 10 years of 10K assessments. Perception of value by potential buyers will be harmed by renting eventually. We have been members since '91, paid dues, taxes, and assessments for 10 days/year and are finally building our retirement home. This is not how we saw it going down.