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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> ORDINANCE NO. 955 <br /> <br /> AN ORDINANCE ESTABLISHING A MORATORIUM ON CONVERSION <br /> OF EXISTING MULTIPLE FAMILY RENTAL DWELLINGS TO <br /> CONDOMINIUMS <br /> <br />WHEREAS, within the past year the City Council reviewed and <br /> studied the issues involved in the possible adoption <br /> of a condominium conversion ordinance and, after <br /> determining that the magnitude of the units likely <br /> to be converted was not substantial enough to result <br /> in the problems to which such an ordinance would be <br /> addressed, decided against adopting any conversion <br /> regulations; and <br /> <br />WHEREAS, following the lifting of the previous moratorium on <br /> conversions, preliminary discussions have been held <br /> for the conversion of far more units than anticipated <br /> by the City Council, said number being substantial <br /> and, if successfully converted, would create the <br /> problems a conversion regulation ordinance would <br /> alleviate; and <br /> <br />WHEREAS, members of the City Council have expressed their intention <br /> to consider a conversion regulation ordinance anew; and <br /> <br />WHEREAS, allowing the unregulated conversion of apartments to <br /> condominiums may be in conflict with the regulation <br /> ordinance being contemplated by the City Council; <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON ORDAINS <br />AS FOLLOWS: <br /> <br />Section 1: A moratorium is hereby placed on the acceptance and <br /> processing of application for and on the approval of <br /> conversions of existing multiple family rental dwellings <br /> to condominiums, community apartments, or cooperative <br /> housing projects and subdivisions of mobile home parks. <br /> <br />Section 2: This ordinance is hereby declared to be an emergency <br /> '. ....measure for the preservation of the public health, safety <br /> 'and~w~lfare and is adopted pursuant to Section 65858 of <br /> the Government Code. This moratorium shall remain in <br /> effect while the City considers the possible adoption <br /> of a condominium conversion ordinance and shall terminate <br /> on April 23, 1981, or on the effective date of an <br /> ordinance repealing this interim ordinance or adopting <br /> condominium conversion regulations. <br /> <br /> <br />