2002 FEBRUARY - Laserfiche WebLink

6.60.010 potentially divisive and harmful im- passe between park owners and mobilehome residents. After consider- ation of numerous factors, among which are the relatively small number of parks located within the city, the level of organization and communica- tion between mobilehome residents in each park, and the mandates of state law, regulations which best fit the needs of the city have been selected. Q. The regulations which are set forth in this chapter are designed to produce stability in rent increases for mobilehome residents while recognizing the rights of park owners to receive a fair return on their investment. The standards, utilizing the concept of net operating income and a 2002 base year, intend to provide the necessary adjust- ment mechanisms to meet constitutional requirements. R. The council finds that the adop- tion of the ordinance codified in this chapter will not have a significant, substantial or adverse effect on the physical environment of the community because enactment of this ordinance involves no deviation from the general plan and no change in the present use of any property within the city. (Ord. 1843 § 2, 2001) 6.60.020 Definitions: A. "Adjusted monthly rent" is the monthly space rent for each mobile- home space in Pleasanton plus, under certain circumstances, the real property taxes (see subsection 6.60.040A2 of this chapter), plus the amortized capital improvements costs, if any, for such space. B. "Base rent" is the adjusted month- ly rent: 1) less the amortized capital improvement costs; and 2) less the operating expenses and the real proper- ty taxes. (For example, if the monthly rent were $525.00 as of January 1, 2002, the capital improvement costs were $25.00, and the operating expens- es and real property taxes were a total of $150.00 per space [through Septem- ber 30, 2001), the base rent for 2002 would be $350.00.) C. "Capital improvements" are any new additions or betterments made to a park such as, but not limited to, a new swimming pool, a new building, a new fence or a new road where one of the same size, function and quality had not existed before. For the purpose of this chapter, rehabilitating or replacing any of the capital improvements, in thresh- old amounts set forth in section 6.60.100 of this chapter, shall be treat- ed as capital improvements. D. "City manager" means the city manager of the city of Pleasanton or the manager's designate. E. "Cost of living (COL)" means the change in the consumer price index for the San Francisco-Oakland-San Jose metropolitan area (all items index; all urban consumers) for the twelve (12) month period ending in August each year as published by the bureau of labor statistics, U.S. department of labor. If this index shall delete the rental housing index, then a rental housing index shall be selected by the city manager for inclusion in computing (Pleasanton February 2002) 192-40