Oak Island Update: Moratorium Expiring, A Vacation Rental Ordinance…And A Proposed Cap On Residential Size
The Town of Oak Island established February’s moratorium “on development of homes with more than six bedrooms so as to provide sufficient time for the development of regulations.” With the expiration of the moratorium scheduled for April 21, the Town is quickly moving forward with several proposals.
The Oak Island Planning Board will hold a Special Meeting on Tuesday, April 1 at 1 p.m. in Council Chambers at the Oak Island Town Hall. The proposed agenda includes the Vacation Rental ordinance…and a new item which would cap the size of residences in Oak Island:
- Discussion of a Recommendation on Proposed Ordinance Amendments to Add Vacation RentalDiscussion of a Recommendation on Proposed Ordinance Amendments to Add Vacation Rental
- Discussion of Council Direction to Make a Recommendation on a Proposal to Limit Single-Family Residences to 5,000 square feet With No More Than Seven Bedrooms and One Parking Space Required Per BedroomDiscussion of Council Direction to Make a Recommendation on a Proposal to Limit Single-Family Residences to 5,000 square feet With No More Than Seven Bedrooms and One Parking Space Required Per Bedroom
On the positive side, the proposed Vacation Rental regulations have been amended to add:
“All single family dwellings and residential structures in existence prior to the creation of the Vacation Rental Overlay Zones shall be exempt from the provision of the requirements set forth therein.”
Regarding the cap on residential size, it will be interesting to see how limiting investment in Oak Island will impact existing residents. Without expanding the customer base, the sole burden of rising water and sewer rates will fall on existing Oak Island residents.
The most recent article from the State Port Pilot is below.
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