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accomplished at substantial cost, and in many instances may cause extensive damage to the <br /> mobilehome and loss of appurtenances such as integrated landscaping and supporting structures <br /> inconsistent with the new location. <br /> G. The Park is operated as a community for persons age 55 and over pursuant to the <br /> Federal Fair Housing Act, and most of the residents are senior citizens, many of whom are living <br /> on fixed incomes. The City Council is of the opinion that because mobilehomes are often owned <br /> by senior citizens, persons on fixed incomes, and persons of low and moderate income, <br /> exorbitant rent increases would fall upon these individuals with particular harshness. <br /> H. The Parties differ as to their understandings of Property Owner's obligations <br /> under the October 2007 agreement, and specifically Part VII thereof, with regard to return to <br /> Residents of in lieu capital improvement costs monies collected but not utilized for capital <br /> improvements, and by this Agreement wish to resolve this issue. <br /> NOW, THEREFORE, in consideration of the faithful performance of the terms, <br /> conditions, covenants, and promises set forth herein, the parties agree as follows: <br /> I. DEFINITIONS <br /> A. "Adjusted monthly rent" is the monthly rent less: (a)the amortized capital <br /> improvement costs, if any, (as provided in section 6.60.100 of the Pleasanton Municipal Code <br /> (Capital Improvement Costs)) and (b) increased property taxes, if any (as provided in Article <br /> IVA and D). <br /> B. <br /> C. "City Manager" means the City Manager of the City of Pleasanton or the City <br /> Manager's designee. <br /> D. "Cost of Living (COL)" means the change in the consumer price index for the San <br /> Francisco-Oakland-San Jose Metropolitan Area (all items index; all urban consumers) for the <br /> twelve (12) month period ending in August each year as published by the Bureau of Labor <br /> Statistics, U.S. Department of Labor. If this index should be discontinued by the Bureau of <br /> Labor Statistics, then another index shall be selected by the parties for inclusion in computing the <br /> appropriate cost of living adjustments. <br /> E. "Housing services" means those services provided and associated with the use or <br /> occupancy of a mobilehome space, including, but not limited to, repairs, insurance, maintenance, <br /> replacement, painting, light, heat, water, laundry facilities and privileges, refuse removal, <br /> parking, recreation facilities, security service and any other benefits, privileges or facilities <br /> provided at the time this Agreement is entered into. <br /> Agreement Providing for Stabilization of Mobilehome Space Rents <br /> October 1,2013 <br /> 2 <br />