1988/11/23 Mobile Home Park Rent Appeals Board ResolutionRESOLUTION NO. 88 -07
A RESOLUTION OF THE ROHNERT PARK RENT APPEALS BOARD DETERMINING
THE INCREASE IN THE CONSUMER PRICE INDEX FOR THE PERIOD OF
OCTOBER, 1987 TO OCTOBER 1988 AND AUTHORIZING THE APPLICATION OF
THE FORMULA TO THE APPLICABLE RENT (75% OF CPI INCREASE)
WHEREAS, in accordance with Ordinance No. 494, Section 5, the Rohnert Park
Rent Appeals Board shall determine and announce the Annual General Adjustment to
determine the Maximum Allowable Rent for a rental unit without application to the
City in an amount not to exceed 75% of the increase in Consumer Price Index (CPI)
rounded to the nearest one - quarter (1/4) of one percent (1%), not to exceed 4%
from October 1987 to October 1988; and
WHEREAS, the Consumer Price Index for "All Urban Consumers" for the San
Francisco - Oakland area issued by the Department of Labor, base year index 1967 =
100, was 359.9 in October 1987 compared to October 1988 when it was 376.0, an
increase of 16.1 points or an increase of 4.47 percent; and
WHEREAS, the Department of Labor changed its base year index in 1987 to
reflect a 1982 -84 base year index = 100; and
WHEREAS, from this date forward, the 1982 -84 base year index will be used in
computation of the Consumer Price Index increase for applicable sections of
Ordinance No. 494; and
WHEREAS, the Consumer Price Index for "All Urban Consumers" for the San
Francisco - Oakland area issued by the Department of Labor base year 1982 -84 = 100
was 117.1 for October 1987 compared to October 1988 when it was 122.3, an
increase of 5.2 points or an increase of 4.44 percent; and
WHEREAS, under Section 5 of Ordinance 494 the Mobile Home Park Owner is
entitled to an Annual General Adjustment of 75% of the increase in the Consumer
Price Index rounded to the nearest one - quarter (1/4) of one percent (1%), as
above determined which amount is 3.25% for both 1967 = 100 base and 1982 -84 = 100
base.
NOW THEREFORE, BE IT HEREBY RESOLVED that Mobile Home Park Owners in Rohnert
Park are authorized to increase the rental on February 1, 1989 or their parks
anniversary date, whichever is later, provided they give proper notice, in an
amount equal to 3.25% of the base rent, prior to such increase.
DULY AND REGULARLY PASSED AND ADOPTED BY THE ROHNERT PARK RENT APPEALS BOARD
this 23rd day of November, 1988.
CITY OF ROHNERT PARK
MOBIL HOME RENT APPEALS" RD
airman
ATTEST:
V v ,r
Secretary'
AYES: (5) Commission rs Jo Kohler, Militello, Paulson & Chairman Smith
NOES: (0) None
ABSENT: (0) None
MOBILE HOME SPACE - RENT APPEAL BOARD
CALCULATION OF C.P.I. - "ALL URBAN CONSUMERS"
FOR PURPOSES OF ANNUAL GENERAL ADJUSTMENT
BASE 1982 -84 = 100
October - 1987 117.1 - - --
October - 1988 122.3 5.2 4.440 3.33 3.25
75% OF
ROUNDED
INDEX
PERCENT
C.P.I.
TO NEAREST
DATE
INDEX
CHANGE
CHANGE
PERCENT
1/4 OF 1%
BASE 1967 =
100
October -
1985
336.7
- - --
October -
1986
347.7
11.0
3.267
2.45
2.50
October -
- - - - -
1987
- - -
359.9
- - - - - -
12.2
- - - - -
3.509
- - - - - -
2.63
- - - - - -
2.75
- - - - - - - -
OCTOBER -
1988
376.0
16.1
4.470
3.35
3.25
BASE 1982 -84 = 100
October - 1987 117.1 - - --
October - 1988 122.3 5.2 4.440 3.33 3.25