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2024/10/03 Mobile Home Park Rent Appeals Board Resolution 2024-03 RESOLUTION NO. 2024-03 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, 2025 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 st of each year; and WHEREAS, the Section 9.70.050 of the Rohnert Park Municipal Code provides that the Annual General Adjustment shall be one-half of one percent (0.5%) less than one hundred percent(100%) of the percent change 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 2024. The CPI was 308.640 in August 2024, compared to a CPI of 301.551 in August 2023, an increase of 2.4 percent(rounded); and WHEREAS, pursuant to Section 9.70.050 of the Rohnert Park Municipal Code, the Annual General Adjustment shall be 1.9 percent; and WHEREAS, the anniversary date, upon which all properly noticed individual and annual general rent adjustments may become effective, for Rancho Feliz Mobile Home Park and for Rancho Grande Mobile Home Park is February 1; for Las Casitas Mobile Home Park is March 1; for Rancho Verde Mobile Home Park and for Valley Village Mobile Home Park is April 1. NOW, THEREFORE, BE IT 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 their park's anniversary date in 2025. BE IT FURTHER RESOLVED, by the Rohnert Park Rent Appeals Board that the Annual General Adjustment of the maximum allowable space rent effective on or after February 1, 2025, is 1.9 percent(1.9%). DULY AND REGULARLY ADOPTED by the Rohnert Park Rent Appeals Board this 3rd day of October 2024. ROHNERT PARK MOBILE HOME PARKS RENT APPEALS BOARD Zi(--7.1-X, ,4,.., ---.01 ATTEST: Chair Secretary AYES: / NOES:. ABSENT: i ABSTAIN: -P�