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  • CITY COUNCIL TO CONSIDER BALLOT MEASURE MODIFYING RENT CONTROL CHARTER IF COSTA-HAWKINS PASSES...

CITY COUNCIL TO CONSIDER BALLOT MEASURE MODIFYING RENT CONTROL CHARTER IF COSTA-HAWKINS PASSES...

07/20/2018 12:41 PM | Margaret Fulton (Administrator)

The City Attorney recommends that the City Council review and consider adopting the attached resolution (Attachment A) placing a measure on the November 6, 2018 ballot that would amend Section 1804 of the City Charter to: a) maintain base rent ceilings for existing residential tenancies; and b) establish base rent ceilings for new residential tenancies commencing on or after April 1, 2018, for purposes of calculating maximum allowable rents within the City.  The measure would become effective only if the Affordable Housing Act, a statewide voter initiative that would repeal the Costa-Hawkins Rental Housing Act (“Costa-Hawkins Act”) is adopted at the Statewide General Election on November 6, 2018. 

Read More: http://santamonicacityca.iqm2.com/Citizens/Detail_LegiFile.aspx?Frame=&MeetingID=1146&MediaPosition=&ID=3172&CssClass=

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