HomeMy WebLinkAbout1020ORDINANCE NO. 1020(1984 Series)
AN ORDINANCE OF THE COUNCIL OF THE CITY OF
SAN LUIS OBISPO APPROVING AN AMODMENT TO
SAN LUIS OBISPO MLNICIPAL CODE SECTION 5.44.060
(BASE SPACE RENT - DETERMINATION - ALLOWABLE INCREASES)
BE IT ORDAINED by the Council of the City of San Luis Obispo as
follows:
SECTION 1. Section 5.44.060 of the San Luis Obispo Municipal Code is
amended to read as follows:
5.44.060 Base Space Rent - Determination - Allowable increases
A. The "base space rent" for purposes of this chapter shall be the
monthly space rent charged as of March 15, 1982. The maximum-monthly-
space rent for-any space - under -a lease; upon- expiration�of- the-lease;"
shall -be-no'mare-than"the-base space rent-on- March"15; -1982 plus any -
increases - otherwise -- allowed - pursuant -to -the - provisions -of-this-Chapter
B. Except as otherwise provided in this Chapter; the maximum monthly
space rent may be increased no more than once a year by the lesser of the
two following amounts:
1. Eight percent of the then existing space rent;
2. An increase over the then existing space rent equal to
three- fourths (seventy -five perc nt) of the cost of living increase
(Bureau of Labor Statistics, U. S. National Consumer Price Index) for the
preceding twelve -month period.
C. Calculation of the one -year limitation on rental increases as
provided in this section shall be from the date the last increase became
effective at the park.
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Ordinance No. 1020(1984 Series)
D. No awner shall either (1) demand; accept or retain a rent of or
from a tenant in excess of the maximum rent permitted by this chapter; or
(2) effect a prohibited rent increase by a reduction of general park
facilities and services.
SECTION 2. This ordinance, together with the ayes and noes; shall be
published once in full; at least three (3) days prior to its final passage
in the Telegram- Tribune; a newspaper published and circulated in said
City; and the same shall go into effect at the expiration of thirty (3)
days after its said final passage.
INTRODUCED AND PASSED TO PRINT by the Council of the City of San Luis
Obispo at a meeting held on the -7th- day of August- - -- 1984; on motion
of - Councilman- Griffin -; seconded by Mayor -Billig - - - - - - and on the
following roll call vote:
AYES: Councilman Griffin, Mayor Billig, Councilmembers Dovey, Dunin
and Settle
NOES: None
ABSENT: None
Ordinance No. 1020 (1984 Series)
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ORDINANCE NO. 1020
(1984 Series)
FINALLY PASSED this 21st. day of August ,
19 84, on motion of Councilwoman Dovey seconded by
Councilman Griffin
vote:
, and on the following roll call
AYES: Councilmembers Dovey, Griffin, Dunin, Settle and Mayor Billig
NOES: None
ABSENT: None
ATTEST:
Cit� Clerk Pamela Pes