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BACKGROUND <br /> City staff, members of the Hacienda Mobilehome Park Resident's Agreement <br /> Committee and the park owner have been working for several months on a new <br /> rent stabilization agreement. Progress is being made to reach agreement, but <br /> additional time is necessary to complete the negotiations. The Fifth Amendment <br /> to Agreement Providing for Stabilization of Mobilehome Space Rents (copy <br /> attached) extends the term of the 2007 agreement for two additional months, i.e, <br /> June and July, beyond the two month and the one month extensions previously <br /> approved by the park owner and the City. The Hacienda Mobilehome Park <br /> Resident's Agreement Committee indicated it accepts the Fifth Amendment and <br /> its terms in order to further continued good faith negotiations. <br /> Submitted by: Approved by: <br /> V _ <br /> Jonathan Lowell Nelson Fialho <br /> City Attorney City Manager <br /> Attachment: <br /> 1. Fifth Amendment to Agreement Providing for Stabilization of Mobilehome <br /> Space Rents <br />