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HomeMy WebLinkAboutAgenda Statement 1989/02/21 Item 10 COUNCIL AGENDA STATEMENT Item -tlf 15 Meeting Dat~ ,;I, l;l ~ l '8'( ITEM TITLE: Ordinance ::l~OO _ Amending Section 9.60.030 of the Chula Vista Municipal Code relating to Exemptions for the Sale of Mobilehome Parks City Attorne~ (4/5ths Vote: Yes No X ) SUBMITTED BY: This amendment would allow mobilehome park owners to change the method by which they hold title to the park without this being deemed a sale triggering the right of first refusal of the park tenants. RECOMMENDATION: Place the Ordinance on its First Reading BOARDS/ca+1ISSIONS RECCIolMENDATION: N/A DISCUSSION: At its Feoruary 14, 1989 meeting, the City Council received a written communication from Lynwood South Mobile Estates requesting an amendment to S on 9.60.030 of the Municipal Code which deals with exemptions from the pl~..lsions relating to the sale of mobile home parks. The mobilehome park in question is owned by a limited partnership which wants to change its method of holding title to a Chapter "s" corporation. The shareholders of the corporation would include all the partners of the current limited partnership. Our current exemptions include transfers by a corporation to an affiliate and transfers by a partnership to any of its partners. It appears that we tried to anticipate various situations whereby owners change their method of holding title, but that we left some out. The amendment would allow changes in the method of holding title where the proportional ownership interests of the coowners does not change. The proposed amendments, therefore, seem consistent with the intent of the ordinance which is to protect tenants when the park is sold to a new party. FISCAL IMPACT: N/A 5318a ,-{- .2/- 1Q. 'c/vwt 7fe~~_ ,~' !2. - ,~,- 21- # wn d l?eaau7tj a'lLd ad BF din by ~ ~lJnCil of Chula Vista. C.:librnia Dated .g - ;2- '69