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Orozco, Norma <br />From: <br />Michael Marcella <marcella.rentals@yahoo.com> <br />Sent: <br />Tuesday, October 05, 2021 9:51 AM <br />To: <br />eComment <br />Subject: <br />Rent control <br />Santa Ana City Council <br />I'm a former small apartment property owner in the City of Santa Ana, from 1985 to 2013.Our properties were located <br />at 1506 N. French St, 817 N. Parton St. and 814 N. Van Ness St. We sold our properties in Santa Ana in 2013 because of <br />numeriuos predictions that it was only a matter of time before rent control was imposed. We moved our investments to <br />the City of Costa Mesa which clearly was a wise decision. Your actions to impose rent control will hurt all investors, but <br />especially smaller ones like us. We bought in Santa Ana years ago because we felt it has so much to offer, however <br />you're proving us wrong. <br />Michael Marcella <br />