RES 88027 - Laserfiche WebLink

AGREEMENT PROVIDING FOR STABILIZATION OF MOBILE HOME SPACE RENTS THIS AGREEMENT is entered into this 19th day of January , 1988 by and between the following parties: 1. D. E. OZBIRN and MARY JANE OZBIRN as owners of Pleasanton Mobile Home Park, 4202 Stanley Boulevard, Pleasanton (A.P.N. 946-1691-1-1); 2. EDMUND S. GIL and BARBARA H. GIL as owners of Fairview Trailer Park, 785 Rose Avenue, Pleasanton (A.P.N. 94-127-36-1); 3. KALMA B. BUSK, as owner of Vineyard Mobile Villa, 3263 Vineyard Avenue, Pleasanton (A.P.N. 946-1250-14-7); and (The parties listed from #1 through #4 may hereinafter be referred to as "Park Owners".) 4. RICHARD H. MCDONNELL, as general partner for Hacienda Mobile Home Park, a limited partnership, as owner of Hacienda Mobile Home Park, located at 3231 Vineyard Avenue, Pleasanton (A.P.N. ), hereinafter referred to as "Park Owners"), 5. PLEASANTON MOBILE HOME OWNERS ASSOCIATION, a California nonprofit corporation, (hereinafter referred to as "Home Owners") and 6. THE CITY OF PLEASANTON, a municipal corporation, (hereinafter referred to as "City"). RECITALS A. It is recognized that there are four (4) mobile home parks within the City of Pleasanton. B. The City of Pleasanton contends that there are a limited number of vacant spaces in these parks and that there are few additional mobile home park spaces available in the County and adjoining communities. C. Some space rents have increased in the past several years at a faster rate than the increase in inflation. D. The City of Pleasanton believes that due to the lack of a significant vacancy factor and the high cost of moving mobile homes owned by the home owners in the parks, they do not have an alternative of relocating to other parks in which rents may be more reasonable. E. A number of mobile home owners are senior citizens, some of whom are living on fixed incomes. - 1 -