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HomeMy WebLinkAboutReso 1989-13992 RESOLUTION NO. 13992 RESOLUTION OF THE CiTY COUNCIL OF THE CITY OF CHULA VISTA CLARIFYING COUNCIL'S INTENT WITH REGARD TO THE PHRASE "JUST AND REASONABLE RETURN ON THEIR PROPERTY" IN SECTION 9.50.085 OF THE MOBILEHOME BINDING ARBITRATION ORDINANCE The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, Chula Vista Municipal Code Section 9.50.085 Subsection 5 states that the decision of the arbitrator "must provide park owners with a just and reasonable return on their property", and WHEREAS, in using this phrase, Council did not intend to create a hard fast requirement establishing "fair rate of return" as the Oasis for the decision of the arbitrator, and WHEREAS, Council intended that the rate of return should be merely one of numerous factors to be considered in determining whether a rent increase is reasonable. NOW, THEREFORE, 8E IT RESOLVED that the City Council of the City of Chula Vista does hereby declare that it was not 'ouncil's intent in using the phrase "just and reasonable return ,n (their) property" in Chula Vista Municipal Code Section 9.50.085 Subsection 5 to establish a hard fast requirement in determining whether a rent increase was fair, but rather to merely allow rate of return to be one factor to be considered by the arbitrator along with any other relevant factors in determining whether a rent increase in a mobilehome park was reasonaOle. Presented and Approved as to form by z . a on, City At~/~~/~orney 5~72a 7~ ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CHL..~ VISTA, CALIFORNIA, this 7th day of March 19 69 , by the following vote, to-wit: AYES: Counc~]members McCand]_~.ss, Nade~:, Cox, Moore NAYES: Counc~ ] members No~e ABSTAIN: Cound]members None ABSENT: Counc~ ] members ~alcolm Of the Cffy of Chulo Vista ST/, OF CALIFORNIA ) :OUNTY OF SAN DIEGO ) ss. :ITY OF CHULA VISTA ) I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chulo Visto, Colifornio, )O HEREBY CERTIFY thor the obove ond foregoing is 0 full, lrue ond correct copy of RESOLUTION N0. 13992 ,ond fhof the some hoe not been omendad or repealed 'ATED City Clerk C-660