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survey should have been done at the end of the process; however, they needed to <br /> follow State law. <br /> Commissioner Narum requested an explanation of the statement in the minutes of the <br /> January 2009 mobile home park meeting quoting Ms. Forbath as saying that the 'rent <br /> structure will likely change." <br /> Ms. Forbath replied that currently the rent protections in place under the rent <br /> stabilization agreement apply to everybody across the board, but that upon conversion, <br /> the formula and structure would change, with a different set of rent protections for <br /> lower- income and non lower- income residents. She explained that the agreement <br /> currently allows pass throughs for capital improvements, inspections, and fees, and rent <br /> can be increased, whereas under the State law, there would be no more pass throughs <br /> and would be strictly limited to CPI. <br /> Mr. Roush stated that this is correct and added that staff negotiated out the capital <br /> improvement pass- through for this particular park and that the owner has agreed to pay <br /> for all capital improvements. <br /> Mr. Close inquired if, assuming there is no rent stabilization agreement in 2019; pass <br /> throughs would be allowed under rent stabilization rules of the City. <br /> Mr. Roush replied that the owner has entered into a separate agreement wherein the <br /> owner is picking up all capital improvements in the future, which was negotiated as part <br /> of a rent increase in 2008. <br /> Ms. Forbath stated that renters would not be paying HOA dues and that the owner <br /> would pay for all spaces that did not sell. She added that even if the dues increase, he <br /> could not pass on that increase to residents. <br /> Commissioner Narum inquired whether the park owner had agreed to rent stabilization <br /> until the conversion took place. <br /> Mr. Close said no; he has agreed to it until 2017. <br /> Commissioner Narum noted that there would then potentially be a three -year gap where <br /> he would come under the ordinance. <br /> Mr. Roush stated that the City has a history of negotiating agreements with the owner; <br /> however, if staff is unable to do that in 2017, the ordinance would apply until the <br /> conversion took place. <br /> Commissioner Narum asked Mr. Close if the owner was agreeable to a condition to <br /> ensure the park remains a senior restricted park. <br /> EXCERPTS: PLANNING COMMISSION MINUTES, February 25, 2009 Page 9 of 19 <br />