pages: CommunityAndEconomicDevelopmentCommittee/2014-02-25.pdf, 5
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CommunityAndEconomicDevelopmentCommittee | 2014-02-25 | *Community & Economic Meeting Minutes February 25, 2014 Development Committee 4 Subject: Amendments To Capital Improvement Regulations From: Department Of Housing And Community Development Recommendation: Adopt The Following Pieces Of Legislation: 1) A Resolution Approving An Amendment To The Rent Adjustment Program Regulations Revising Regulation 10.2.3 (2)(3) (Appendix A) To Allow Amortization Periods Up To 20 Years, To Impose A 10 Percent Cap On Any Capital Improvement Pass Through In A 12-Month Period, And To Require That Owners File A Petition For A Capital Improvement Rent Increase; And 13-0341 A motion was made by Member Schaaf, seconded by Member Gibson McElhaney, that this matter be Continued to the *Community & Economic Development Committee, due back on March 11, 2014. The motion carried by the following vote: Votes: Councilmember Aye: Member Gibson McElhaney, Council President Kernighan, Member Schaaf and Vice Mayor Reid The Committee also requested staff provide the following information in a supplemental report: 1. Does the City have the ability to track types of capital improvements, either currently or after changes are made? 2. Does the City have the ability to track displacement? 3. Information on whether costs are fully recovered by landlords. 4. Whether capital improvements rent increases are being utilized for seismic retrofits? 5. Whether the City can determine whether capital improvement rent increases are really deferred maintenance? 6. Will changes increase fighting? 7. Can the City measure whether requiring landlords to file petitions would help or hinder the process for landlords and tenants? 8. Whether current staffing levels could support a landlord petition process and whether some of the burden of the process can be put on the property owners? View Report.pdf View Supplemental Report.pdf View Supplemental Report.pdf 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 There were 45 speakers on this item. City of Oakland Page 5 Printed on 4/1/14 | 5 | CommunityAndEconomicDevelopmentCommittee/2014-02-25.pdf |