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Agenda Packet_2023-05-16
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Agenda Packet_2023-05-16
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5/10/2023 5:52:07 PM
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5/10/2023 10:41:05 AM
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City Clerk
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Agenda Packet
Date
5/16/2023
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Pg. 24 CHAPTER IV - COST RECOVERY RECOMMENDATIONS <br />Ordinance, meaning they are exempt from the Rent Stabilization provisions of the Ordinance, but <br />the just Cause Eviction provisions apply. Due to the substantially low number of partially covered <br />units (currently less than 633), and the small impact of separating out the fee, this was not <br />considered as a necessary and viable option for the city to explore. <br />Fee Title Suggested Fee # of Units <br />Revenues <br />Partially Covered Units $94.97 per unit 633 <br />60,118 <br />Fully Covered Units $100.10 per unit 31,817 <br />3,184,882 <br />Total: <br />$3,245,000 <br />SUPPORTING DOCUMENTATION <br />The following appendices provide backup documentation that support the Rent Stabilization <br />Program calculated costs throughout this Fee Study. <br />r P - I IV Relit ltut?117utlarl rr arch 2023 <br />'Ity. City Council 6/ 2 9 —M 11u�� I'll W/ y 37 <br />
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