body,date,text,page,path
OaklandRedevelopmentSuccessorAgencyandtheCityCouncil,2014-03-18,"*
Concurrent Meeting of the
Meeting Minutes
March 18, 2014
Oakland Redevelopment
Successor Agency and the City
Council
proposed Capital Improvement rent increase for affected units.
d. Landlord(s) who fail to drop off the Capital Improvement increase from rent
at the expiration date will be subject to the penalty specified in Section
1.22850(B).
e.
The new Capital Improvement procedures will apply to all capital
improvements, whether a single unit or an entire building.
f.
Landlords may still file a petition for a Capital Improvement Increase in
lieu of the Enhanced Notice Requirement.
III. Debt Service
a. Item 12.2(B)(1-2) will be adopted to eliminate debt service.
IV. IV. Effective Date
a. The new Capital Improvement procedure would not be effective until 90
days following final adoption of the Ordinance.
Council also approved a 70% Capital Improvements Pass-Thru to tenants and
requirement that all refunds of rent be paid back with interest. The motion
passed with a vote of 7 Ayes, 1 Excused - Brooks.
There were 86 speakers on this item.
View Report.pdf
View Supplemental Report.pdf
View Supplemental Report.pdt
View Supplemental Report.pdf
2) An Ordinance Amending The Rent Adjustment Ordinance (O.M.C. 8.22.090B) To Require
Property Owners Seeking Rent Increases Based On Capital Improvements To File Owner
Petitions
13-0341-1
City of Oakland
Page 19
Printed on 4/2/14",19,OaklandRedevelopmentSuccessorAgencyandtheCityCouncil/2014-03-18.pdf