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BACKGROUND <br /> Since 1988 the City has entered into agreements with the various mobilehome park <br /> owners to stabilize rents at the mobilehome parks without imposing the provisions of the <br /> rent stabilization provisions set forth in the Pleasanton Municipal Code. Such <br /> agreements have worked well for park owners and park residents, and also the City. <br /> The current Agreement was approved in 2007 and will expire at the end of this year. <br /> DISCUSSION <br /> The City and the Fairview Mobilehome Park Owner desire to extend the term of the <br /> Agreement for another five years and make other minor revisions consistent with such <br /> an extension as specified in the attached Amendment. <br /> Staff recommends that the City Council approve the First Amendment to the Fairview <br /> Mobilehome Park Rent Stabilization agreement. <br /> Submitted by: Approved y: <br /> c),„ e_ <br /> Jonathan Lowell Nelson Fialho <br /> City Attorney City Manager <br /> Attachment: <br /> 1. First Amendment to the Fairview Mobilehome Park Rent Stabilization Agreement <br /> Page 2 of 2 <br />