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2006/10/05 Mobile Home Park Rent Appeals Board ResolutionRESOLUTION NO. 2006-01 A RESOLUTION OF THE ROHNERT PARK RENT APPEALS BOARD DETERMINING THE ANNUAL GENERAL ADJUSTMENT OF THE MAXIMUM ALLOWABLE SPACE RENT EFFECTIVE ON OR AFTER FEBRUARY 1, 2007 WHEREAS, Section 9.70.050 of the Rohnert Park Municipal Code and Section 4.01 of the Rules and Regulations provides that the Rohnert Park Rent Appeals Board shall determine and announce the Annual General Adjustment of the Maximum Allowable Rent for a mobile home space on or before November 1, of each year; and WHEREAS, the Section 9.70.050 of the Rohnert Park Municipal Code provides that the Annual General Adjustment shall not exceed one half of one percent (1/2 %) less than one hundred percent (100 %) of the increase in the Consumer Price Index, Urban Wage Earners and Clerical Workers in the United States (CPI), rounded to the nearest one -tenth of one percent, not to exceed four percent (4 %); and WHEREAS, the Bureau of Labor Statistics publishes the CPI and has reported the CPI for the month of August. The CPI was 192.1 in August 2005, compared to a CPI of 199.6 in August 2006, an increase of 7.5 points or 3.9 percent; and WHEREAS, the anniversary date, upon which all properly noticed annual general rent adjustments may be effective, for Rancho Feliz Mobile Home Park is February 1, the anniversary date for Rancho Grande Mobile Home Park is February 1, the anniversary date for Las Casitas Mobile Home Park is March 1, the anniversary date for Rancho Verde Mobile Home Park is April 1, and the anniversary date for Valley Village Mobile Home Park is April 1. NOW, THEREFORE, BE IT HEREBY RESOLVED by the Rohnert Park Rent Appeals Board that mobile home park owners in Rohnert Park are authorized to increase the space rental amount on February 1, 2007 or their park's anniversary date, whichever is later, provided they give proper notice, in an amount not greater than three and four tenths percent (3.4 %) (3.9% minus .5% = 3.4 %) of the base rent prior to such increase. DULY AND REGULARLY ADOPTED by the Rohnert Park Rent Appeals Board this 5th day of Oct__ o„ber, 2006. Vice Chairperson: Board Secretary AYES: NOES: ABSENT: ABSTAIN: