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Ordinance Number 430ORDINANCE NO. 930 AMENDINGTITLE2, CHAPTER 2, ARTICLE 9, SECTION 2-2.902 OF THE MUNICIPAL CODE (MOBILE HOME PARK REVIEW COMMITTEE) AN ORDINANCE OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, AMENDING TITLE 2, CHAPTER 2, ARTICLE 9, SECTION 2-2.902 OF THE SAN JUAN CAPISTRANO MUNICIPAL CODE (MOBILE HOME PARK REVIEW COMMITTEE) THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, DOES HEREBY ORDAIN AS FOLLOWS: SECTION 1. Amendment. Article 9, Chapter 2, Title 2, of the San Juan Capistrano Municipal Code is hereby amended to read as follows: "Section 2-2,902. Definitions. "(c) 'Consumer Price Index' shall mean the Consumer Price Index for all urban consumers (CPI -U) published for the Los Angeles -Long Beach -Anaheim area. "(d) 'Maximum Allowable Increase' shall, unless otherwise determined by the Committee or the City Council on petition as hereinafter provided, mean the maximum allowable increase in space rent determined by either of the following formulae: "1. Take operating expenses of the park for the twelve month period immediately preceding the date upon which notification of any rent increase is to be made; "Multiply that sum by the last published Consumer Price Index; "Multiply that product by a factor of 1.1 to arrive at the maximum allowable annual increase in rent for the entire park; "Divide by the number of units in the park to compute the maximum allowable annual rent increase (in dollars) for each space. "or "2. Secure the last published CPI -U prior to the date upon which notification of any rent increase is to be given; Compute a 'Modified CPI -U' which applies to rental of mobile home spaces by deleting those items in the CPI -U which do not have a substantial bearing upon the rental of mobile home spaces, i.e., Food and Beverage; Apparel and Upkeep; Entertainment; Medical Care; Multiply the above 'Modified CPI -U' by a factor of 1.1 to arrive at the maximum allowable rent increase percentage and apply that product to each space rent." -1- M6 SECTION 2. Effective Date. This Ordinance shall take effect and be in force thirty (30) days after its passage. SECTION 3. City Clerk's Certification. The City Clerk shall certify to the adoption of this Ordinance and cause same to be posted in the duly designated posting places within the City of San Juan Capistrano within fifteen (15) days after its passage. PASSED, APPROVED AND ADOPTED this 1st day of September 1 1981 , by the following vote, to wit: AYES: Councilman Friess, Bland, Buchheim NOES: None ABSTAIN: Mayor Schwartze ABSENT: Councilman Hausdorfer 4.�r.PSCHWARTZE, MAYOR ATTEST: ITY CLE d STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARY ANN HANOVER, City Clerk of the City of San Juan Capistrano, California, DO HEREBY CERTIFY that the foregoing is a true and correct copy of Ordinance No. 930 which was - introduced at a meeting of the City Councrlof the City of San Juan Capistrano, California, held on August '18 - 1981, and adopted at a meeting held on September 1 , 1981 - (SEAL) 2 / ( A,/_f� �7 K` -- MARY ANN H VER, CITY CLERK -2-