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6.60.050
<br />change of ownership (see California
<br />Revenue and Taxation Code section 60
<br />et seq.), and, regardless of when the
<br />change in ownership occurred, the real
<br />property taxes between October 1,
<br />2001, and September 30, 2002 ("the
<br />September 30, 2002, real property tax-
<br />es"), are more than 105% of the real
<br />property taxes between October 1,
<br />2000, and September 30, 2001 ("the
<br />September 30, 2001, real property tax-
<br />es"), the real property taxes shall be
<br />calculated as follows: add (1), the Sep-
<br />tember 30, 2001, real property taxes, to
<br />(2), the difference between the Septem-
<br />ber 30, 2001, and the September 30,
<br />2002, real property taxes; then divide
<br />by 4. (For example, assuming the real
<br />property taxes increased in 2002 more
<br />than 105% of the real property taxes in
<br />2001 due to a change of ownership, for
<br />calculating the rent for 2003, (1) would
<br />be the September 30, 2001, real proper-
<br />ty taxes and (2) would be '/4 of the dif-
<br />ference between the September 30,
<br />2002, and the September 30, 2001, real
<br />property taxes.) The remaining dollar
<br />difference (i.e., 3/4 of the difference)
<br />between the September 30, 2001, and
<br />the September 30, 2002, real property
<br />taxes shall be added in 2004, 2005 and
<br />2006, in equal increments. In those
<br />three years (and assuming no further
<br />change of ownership), the real property
<br />taxes shall be calculated as follows: in
<br />2004, (1) + (2) above and (3) the dif-
<br />ference between the real property taxes
<br />between October 1, 2002, and Septem-
<br />ber 30, 2003, and the real property
<br />taxes between October 1, 2001, and
<br />September 30, 2002; in 2005, (1) + (2)
<br />+ (3) above and (4) the difference in
<br />the real property taxes between October
<br />1, 2003, and September 30, 2004, and
<br />the real property taxes between October
<br />1, 2002, and September 30, 2003; in
<br />2006, (1) + (2) + (3) + (4) above and
<br />(5) the difference in the real property
<br />taxes between October 1, 2004, and
<br />September 30, 2005, and the real prop-
<br />erty taxes between October 1, 2003,
<br />and September 30, 2004.
<br />C. Calculations For Formula B (After
<br />2003): After 2003, if there has been a
<br />change of ownership (see California
<br />Revenue and Taxation Code section 60
<br />et seq.) and, regardless of when the
<br />change in ownership occurred, the real
<br />property taxes for the twelve months
<br />beginning October 1 of one year and
<br />ending September 30 of the following
<br />year are more than 105°Io of the real
<br />property taxes in the previous twelve
<br />months, the real property taxes shall be
<br />calculated as follows: add (1), the real
<br />property taxes for the year (ending
<br />September 30) before the year the real
<br />property taxes increased more than 5%
<br />as a result of the change of ownership,
<br />to (2), the difference between the real
<br />property taxes for the year (ending
<br />September 30) that the real property
<br />taxes increased more than Solo as a
<br />result of a change in ownership and the
<br />real property taxes in (1); then divide
<br />by 4. (For example, assuming the real
<br />property taxes increased in 2004 more
<br />than 105% of the real property taxes in
<br />2003 due to a change of ownership, for
<br />calculating the rent for 2005, (1) would
<br />be the real property taxes between
<br />October 1, 2002, and September 30,
<br />192-47 (Pleasanton February 2002)
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