Action Apartments Association, Inc.

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  • 06/16/2017 8:05 AM | Margaret Fulton (Administrator)

    A federal judge has allowed a RICO (Racketeer Influenced and Corrupt Organizations Act) case to move forward against Santa Monica’s largest developer, NMS Properties, its CEO Neil Shekhter and his wife, Margot. The RICO case is currently on hold while a dueling lawsuit makes its way through local courts but will resume when it’s over.

    Read More: http://smdp.com/corruption-case-against-nms-properties-on-hold-but-allowed-to-continue/161354

  • 06/15/2017 7:12 AM | Margaret Fulton (Administrator)

    Plans to redevelop the Bergamot Station arts complex remain track once following approval of a plan at the June 13 Council Meeting.

    On Tuesday, the City Council voted to approve a preliminary plan that preserves several existing buildings, protects current tenants and extends an exclusive negotiating agreement with the developer, the Worthe Real Estate Group. A controversial hotel remains part of the project.

    Read More: http://smdp.com/bergamot-plans-move-forward/161336

    AND

    https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/June-2017/06_15_2017_Santa_Monica_City_Council_Approves_Hotel_in_Redevelopment_Plan%20for_Bergamot_Station_Arts_Center.html

  • 06/14/2017 8:45 AM | Margaret Fulton (Administrator)

    The suit claims that citywide elections violate the California Voting Rights Act, which prohibits at-large elections if they can be shown to racially polarize voting. It says in doing so, the City’s at-large system also violates the Equal Protection clause of the state constitution.

    Read More:  https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/June-2017/06_14_2017_Judge_Orders_Voting_Rights_Lawsuit_Against_City_of_Santa_Monica_to_Move_Forward.html

  • 06/14/2017 8:39 AM | Margaret Fulton (Administrator)

    June 14, 2017 -- A new Santa Monica law that caps water use for developments to the historical use levels for the site will go into effect July 1, City officals said this week.

    Approved by the City Council on May 9, the Water Neutrality Ordinance -- which caps water use to the site's historical five-year average -- is part of the City's strategy to achieve water self-sufficiency by 2020, officials said.

    Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/June-2017/06_14_2017_Santa_Monica_Launches_Program_to_Cap_Water_Use.html

    AND

    http://smdp.com/water-neutrality-ordinance-rapidly-comes-online/161331

  • 06/13/2017 7:27 AM | Margaret Fulton (Administrator)

    2017 General Adjustment (GA) is 2% with a $40 Cap

    The maximum increase of $40 applies to all maximum allowable rents (MARs) of $1,975 or higher. In late June, the Rent Control office will mail information to all tenants and property owners regarding the general adjustment, including a form owners may use to notice tenants of the increase. With proper written notice (usually 30 days), the general adjustment may be implemented by property owners no earlier than September 1st, 2017 for tenancies that started before September 1st, 2016. Tenancies that started on or after September 1st, 2016 are not eligible for the 2017 general adjustment. Further, all registration fees and penalties must be paid in full in order for owners to qualify for this year’s general adjustment.


    2017 Annual Registration Fee Set at $198 per Unit

    To cover the reasonable and necessary expenses of the Rent Control Agency, the Rent Control Board amended Regulation 11200 to increase the annual registration fee for a controlled unit from $174.96 to $198.00 per year. The upcoming fiscal year runs from July 1, 2017 to June 30, 2018. Divided by 12 months, the annual fee per unit of $198 amounts to $16.50 per month. If all registration fees are paid by August 1st of this year, owners may pass through to qualifying tenants half of the monthly amount, which is $8.25, beginning September 1st of this year and continuing for the following 12 months. The registration fee pass-through is in addition to the maximum allowable rent and any surcharges from the tax bill that may be passed through. The Rent Control Agency will be sending registration fee bills to owners at the end of June.


  • 06/13/2017 7:12 AM | Margaret Fulton (Administrator)

    The monthly rent for anyone living in a Santa Monica rent-control apartment cannot be raised by more than $40 starting September 1. The Rent Control Board voted unanimously to pass the dollar amount cap during their July 8 public meeting.

    Back in May, the Board set the 2017 General Adjustment at two percent. The adjustment is calculated to be 75 percent of the annual change in the Consumer Price Index for the greater Los Angeles area which the Bureau of Labor Statistics reported was 2.7 percent. Rent Control tenants saw their rents rise by 1.3 percent last year.

    Read More: http://smdp.com/rent-control-increases-capped-by-board-at-just-40/161310

  • 06/13/2017 7:10 AM | Margaret Fulton (Administrator)

    This is a constant in the city. Companies that wish to open and grow and provide jobs, find it stifling to work with our enforcement agencies but that is what slows us down. For a city that is as technologically savvy as we are, it seems that our calcified bureaucracy makes it brutal to do business here, and I’m not against slowing things down a bit, but at what cost?

    It seems like every time I investigate a new company there is a horror story of what it takes to get a company up and running here. But yet, we seem to always have time, money and the willpower to increase our staffing. I know I sound like a broken record, but what will it take for us to get a more responsive city government, not just a more bureaucratic one.

    I’d like to see us put a moratorium on new staff hiring, and on new commercial and residential development. We need to return to our roots, as best we can, to being a small town that is focused on our residents. I know that the big dollars that have flowed in from tech companies, developers and the land rush barbarians are intoxicating. But if the entire city becomes one giant mixed use retail/commercial/residential building separated by nothing more than addresses, well we might consider changing our name to West New York.

    Read More: http://smdp.com/lets-stop-the-bureaucracy-growth/161312


  • 06/13/2017 7:05 AM | Margaret Fulton (Administrator)

    The battle comes as the City Council Tuesday night considers a conceptual plan that more than triples total development at the five-acre, City-owned site ("Santa Monica Council to Take Next Step in Bergamot Arts Center Development," June 8, 2017).

    The plan includes the proposed 120-room, 82,600-square-foot hotel that split the Bergamot Station Advisory Committee tasked with evaluating the entire 220,000-square-foot project near a new Expo light rail line.

    Also under consideration is allowing the project’s developer, the Worthe Group, to become the master leaseholder for up to five years. The proposed lease agreement with the City would limit rent hikes to only the Consumer Price Index (CPI).

    Read More:  https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/June-2017/06_13_2017_Santa_Monica_Arts_Community_Torn_Over_Bergamot_Plan.html


  • 06/12/2017 8:17 AM | Margaret Fulton (Administrator)

    by Michael Millman

    ANNUAL RENTAL INCREASE - 2% [or $40, whichever is smaller]

    ANNUAL REGISTRATION FEE - $198

    Read the details: SM REPORT RENT AND REG FEES 6.10.17.pdf

  • 06/10/2017 10:50 AM | Margaret Fulton (Administrator)
    June 9, 2017 -- Monthly residential rent charges of controlled units in Santa Monica could increase as much as 2 percent or $40, whichever is smaller, beginning in September.

    The Rent Control Board voted unanimously for these figures on Thursday following a public hearing on the annual rate adjustment.

    The maximum percentage increase was calculated by a voter-approved formula based on the Consumer Price Index, so the board had no authority to change that.

    However, the board was able to decide whether to pass a dollar-figure cap (also calculated by a formula) or not have one at all.

    The $40 maximum increase is the highest since it was $52 in 2011. Other recent maximum increases have been $25 last year, $7 in 2015, $14 in 2014, $17 in 2013 and $26 in 2012.

    Read More:  https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2017/June-2017/06_09_2017_Santa_Monica_Board_Sets_Maximum_40_Monthly_Rent_Increase.html


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