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Currently our unsubsidized long term Tenants pay $887 per month. This is the rent paid by 119 of our 154 <br />Tenants. This is far below market and near the bottom, if not the bottom, of all rental rates in Santa Ana mobile <br />home parks. This can be confirmed in the city's own report on mobile home parks prepared only a few years <br />ago. It is also rather close to your own Section 8 affordable housing standards, if I am not mistaken. <br />It has come to my attention that a small number of Bali Hi residents spoke at the last meeting, largely presenting <br />inaccurate information. I am available to present the correct information at any time. <br />I fear that your hasty motion to enact rent control in the city is going to have significant near term adverse <br />effects to affordability in our park and possibly others as well. Put shortly, I fear that it may have the opposite <br />of your intended effect. To my knowledge those that are voting yes have not discussed these issues with any <br />ownership nor ownership groups in order to fully understand all of the issues at play. <br />I implore you to vote no on the motion this evening in order to take time to discuss these issues <br />with all stakeholders so that you can make a fully informed decision about legislation that could have far <br />reaching effects on the Santa Ana economy for decades to come. <br />A hasty decision based on emotion and mis-information will surely lead to an unfavorable result. <br />Sincerely, <br />Aaron Peluso <br />CCH Management LLC � Manager <br />949-295-3247 (mobile) <br />949-831-1040 (office) 949-495-3321 (fax) <br />cchcorpk,,gmail.com <br />10 <br />