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districts, such as the subject property. The property was thereafter developed with 208 mobile home spaces, and the Park is called the Vineyard Villa Mobile Home Park. The Park, like other mobile home and trailer parks in the City, is operated as a rental mobile home park, that is, residents own their own "mobile homes' but the land upon which the mobile homes arc located is owned by the park owner. Accordingly, mobile home residents pay monthly rent to the park owner in addition to paying utilities such as electricity, gas, and cable TV. Vineyard Villa is also a "senior park," meaning that at least one of the residents in a unit must be at least 55 years old. Although called "mobile homes," the units in Vineyard Villa (and the adjoining Hacienda Mobile Home Park) are not actually mobile. Typically, once the unit is placed within a Park, the mobile home owner makes a substantial investment in the residence, and removing or relocating the unit is not practical. In recognition of this fact, mobile home residents throughout the State who felt that park owners were unreasonably raising their rents lobbied city councils to adopt rent control ordinances that would put limitations on rent increases. In the late 1980's the mobile home residents in Pleasanton did the same. Initially, in lieu of adopting an ordinance, the City was able to negotiate rent stabilization agreements with most of the park owners. However, because in the early 1990's one park owner refused to enter into such an agreement, the City was. compelled to adopt a rent stabilization ordinance to protect the residents of that park or any other park where the owner fails to reach agreement with the City as to rents. The first rent stabilization agreement with Vineyard Villa Mobile Home Park dates back to 1988. The most recent rent stabilization agreement with the park owner of Vineyard Villa was signed in 2007. In June 2007, Gilchrist & Rutter, representing the property owner, submitted an application to convert the park to "residential ownership" and for a vestinl; tentative map to convert the 208 mobile home spaces to 208 "condominiums." Even though the spaces would be called "condominiums," the physical layout of the Park would not change. It would still appear as if it were a mobile home park. If the application is approved, the park owner would be allowed to record a condominium plan and then sell the individual lots. Those not wishing to purchase, however, would not be required to purchase and would simply continue to pay rent. Moreover, as will be discussed more fully in this staff report, the park owner has agreed not to begin selling any of the lots for ten years. Action on this application is not required by the City Council unless the Planning Commission's decision is appealed. The applicant will submit a final map creating one parcel to the Community Development Department following an approval of this application. As mentioned, ten years after the rnal map records, the park owner could file a condominium plan creating the 208 condominiums; this plan would likewise be approved by the Community Development Department before it is recorded. PMCG2, Vineyard Villa Mobile Home Park Planning Commission Page 2 of .5