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1989 ORD 0-19-89_Rents for Mobilehome Spaces
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1989 ORD 0-19-89_Rents for Mobilehome Spaces
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2/27/2014 12:39:44 PM
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2/20/2014 11:45:51 AM
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sespinoza
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Ordinances
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />X N <br />WW 0 <br />Z N a)0 <br />13 <br />4 W¢ <br />— Q > - a <br />�Yd>mo <br />14 <br />iL °a°Q <br />15 <br />0 W 2 > � U <br />3 IM :3 <br />�H°oow <br />16 <br />W > <br />M a <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />C. While this Ordinance is designed to protect mobile home <br />owners from unreasonable rent increases, it recognizes the need <br />of mobile home park owners to receive a just and reasonable <br />return on their investment and permits rental increases suffi- <br />cient to cover the increased cost of repairs, taxes, mainte- <br />nance, insurance, upkeep and _dditional amenities. <br />D. Administration of this Ordinance shall be under the <br />general direction of the Community Development Director. <br />SECTION 1.02 DEFINITIONS <br />For the purpose of this Ordinance the following words, terms <br />and phrases shall have the following meaning: <br />A. "Base Date" means January 1, 1987 unless otherwise <br />specified. <br />B. "Base Year" means calendar year 1986. <br />C. "Capital Improvements" means those improvements which <br />materially add to the value of property, appreciably prolong its <br />5 <br />useful life, or adapt it to new uses, which are claimed='by the <br />t <br />owner as capital expenses for Internal Revenue Code purposes and <br />which are required to be amortized over the useful life of the <br />improvement pursuant to the Internal Revenue Code, and the regu- <br />lations issued pursuant thereto. <br />D. "Consumer Price Index or C.P.I." means the Index known <br />11 as the "Consumer Price Index for all Urban Wage Consumers: for <br />the Los Angeles - Long Beach - Anaheim Area," (Base year, 1967), <br />and if published for the San Bernardino - Riverside - Ontario <br />Area for the year 1984, and thereafter. These documents are <br />published by the United States Department of Labor Bureau of <br />Labor Statistics. <br />-2- <br />
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