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NS-3009 - Prohibiting Residential Real Property and MobileHome Space Rental Rate Increases that Exceed Three Percent Annually or Eighty Percent of the Change in Consumer Price Index
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NS-3009 - Prohibiting Residential Real Property and MobileHome Space Rental Rate Increases that Exceed Three Percent Annually or Eighty Percent of the Change in Consumer Price Index
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10/21/2021 4:10:09 PM
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10/21/2021 4:08:55 PM
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City Clerk
Doc Type
Ordinance
Agency
Clerk of the Council
Doc #
NS-3009
Item #
7
Date
10/19/2021
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the applicant. If additional funds are required, payment will be required before applicant <br />receives the determination on the Fair Return Petition from the City. <br />(c) The factors the City Manager may consider in deciding a Fair Return <br />Petition may include, but not be limited to: <br />(1) Changes in the Consumer Price Index for All Urban Consumers in <br />the Los Angeles -Long Beach -Anaheim Metropolitan Area published <br />by the Bureau of Labor Statistics. <br />(2) The rent lawfully charged for comparable residential real property <br />or mobilehome spaces in the City. <br />(3) The length of time since the last determination by the City Manager <br />on a rent increase application, or the last rent increase if no <br />previous rent increase application has been made. <br />(4) The completion of any capital improvements or rehabilitation work <br />related to the residential real property or mobilehome space or <br />spaces specified in the Fair Return Petition, and the cost thereof, <br />including materials, labor, construction interest, permit fees, and <br />other items the City Manager deems appropriate. <br />(5) Changes in property taxes or other taxes related to the subject <br />residential real property or mobilehome park. <br />(6) Changes in the rent paid by the applicant for the lease of the <br />residential real property or land on which the subject mobilehome <br />park is located. <br />(7) Changes in the utility charges for the subject residential real <br />property or mobilehome park paid by the applicant, and the extent, <br />if any, of reimbursement from the tenants. <br />(8) Changes in reasonable operating and maintenance expenses <br />(9) The need for repairs caused by circumstances other than ordinary <br />wear and tear. <br />(10) The amount and quality of services provided by the applicant to the <br />affected tenant(s). <br />(11) Any existing written lease lawfully entered into between the <br />applicant and the affected tenant(s). <br />Ordinance No. NS-3009 <br />Page 6 of 11 <br />
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