Ordinance No. 18866 - Laserfiche WebLink

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18866 intended delivery of tie nqt%ces t~ the tenants . The notice shall contain written a~nf ormat~on desc~%b.ng, in general; ~a}_ what steps and acta.ons the developer and others, inclining governmental agencies, will or must take in order f car th.e bui l,di;nq to be converted to a condan~a num ox stock ccopera~ti~ve; ~~~... How th.e tenant will be involved, informed, and assisted at each step in the process; and ~c ~_.. what :r- ~gh.ts the tenants~~ have , whether man- 4dated by~ law~or- voluntarily provided by the developer. The notice shall be a.n plain and simple language, and contain any additional or specific information required by the city under administrative rules .issued hereunder. (3} After the notice of planned conversion is given and prior to leasing any unit, any prospective tenant shall be notified in writing of the intent to convert and advised that no TAP benefits allowed under section 2.1070~f~ of this code will be provided to that tenant. 44~ No developer or his or her agent shall negotiate far the sale of converted condominium units ar cooperative shares to prospective: purchasers until issuance of a prelimi- nary permit to convert by the city. ~5~ No developer or his or her agent shall sell .an y converted condominium units. or cooperative shares t~.ntil issu-~ once of the final permit for condominium conversion by the city. No final conversion permit. shall be,issued~by the city any earlier than l80 days after the fa.ling of the notice of plan- ned conversion with the city. This x,80 day time period may be waived by the director if all tenants of the building to be converted have moved, executed lifetime leases, or have exe- cuted binding agreements to purchase their units cr shares prior to the expiration of the 180 day period. This restriction shall not preclude the entering into of lease-purchase agree-~ meats between the developer and prospective purchasers after issuance of the preliminary permit to convert. 2.1066. Condarninium conversion - Preliminary Permit Process. ~_1~ Application. No later than 60 days after the filing of notice of planned conversion, the developer or his or. her agent shall apply for a preliminary conversion permit on a form prescribed by the director and shall submit as part of this application: Via} An affidavit attesting to the fact that all tenants who reside in the building to be converted and any affected neighborhood organizations have been notified of th.e application; and ~b~. An application fee in the amount of $5?5 for conversions of 25 units or less or $300 plus $ll far each unit for conveys .ions of 2 6 units or mare . The amount of the application fee may be varied by Resolution of the council. The applicant promptly shall post this application and affidavit Ordinance - 8