STEAMBOAT SPRINGS — After a lengthy discussion Tuesday night, four members of the Steamboat Springs City Council directed City Attorney Dan Foote to explore making Steamboat the first city in Colorado to tax timeshares. Council member Sonja Macys was absent from the meeting, and President Jason Lacy and member Robin Crossan recused themselves from the discussion due to conflicts of interest.
Tuesday was the first time the council discussed the timeshare tax, which would be assessed when a timeshare owner or member trades with an owner or member of another program. Exchanges are often facilitated by third-party exchange companies, and the owner or member deposits their points and then books something else of equivalent or lesser value. The exchange company then charges a fee, and the owner or member pays an annual fee.