05/28/1980 Meeting - Laserfiche WebLink

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Comparable housing. Must be equivalent in size, gross rent, and number of bedrooms with similar cooling and heating systems, kitchen ~ and bath facilities, special facilities for handicapped or elderly , tenants, and accessibility to community services. Conversion. When rental housing units are converted to separate ownership interests. Cooperative housin1 unit. Most student co-ops would be excluded as living unlts norma ly do not have kitchens and this conversion to cooperative housing is regulated in the same way as conversion to condominium units. Good cause for eviction. This definition is relevant to many sec- tions of the ordinance and the developer is precluded from evicting without good cause any tenant who resided in the building at the time of the notice of planned conversion until such time as final conversion permit has been issued. Lifetime lease. No eviction of a lessee unless for good cause and limits rent increases to no more than once per calendar year in an amount equivalent to the percentage increase in the consumer price index. special-catefory tenants. Elderly or low-income, which is determined by their sta us at time of notice of planned conversion, and handi- capped tenants, who are determined at the time of the issuance of ~ the final conversion permit. (This later determination allows bene- ~ fits to be given to a tenant who becomes handicapped after the notice of planned conversion and before the time that the tenant is required to move.) Because of the lack of local experience in regulating condominium or cooperative conversions, substantial rule-making authority is given to the HCC Director to legislate on anticipated issues and to amplify the requirements of the ordinance. The Director is given discretion to waive certain requirements as they pertain to housing cooperatives which is Section 11 of the ordinance. Mr. Lieuallen asked about conversion fees ($500 per unit fee) and whether there were administrative costs, etc. Mr. Sercombe responded that there are administrative costs, but if there is no displacement, the fee is waived. The lifetime lease would save the conversion fees and the need to find comparable housing. They also could have a private agreement. In response to Mr. Lieuallen's question, Mr. Sercombe said that the lifetime lease must be in writing and must contain the provisions listed in the ordinance. Mr. Lieuallen asked if other cities do this. Mr. Delay responded that some do and suggested that all councilors read through the ordinance and summary and it could be discussed further next week. e 5/28/80--14