pages: CityCouncil/2021-02-02.pdf, 9
This data as json
body | date | page | text | path |
---|---|---|---|---|
CityCouncil | 2021-02-02 | 9 | Mayor Ezzy Ashcraft stated that she would like to see the language being discussed; inquired whether there is a draft document available. Special Counsel responded staff has not drafted the language being proposed by Councilmember Knox White; stated the changes are substantive; the matter is anticipated to come back. Councilmember Daysog stated the changes appear substantive and the ramifications on mom and pop landlords is unclear; he would like to notify stakeholders to obtain input; expressed support for knowing the ramifications on capping CIP programs; questioned what happens when a CIP translates into something greater than 5%; outlined various potential perspectives and questions from mom and pop and middle sized landlords; stated the input from landlords is needed; expressed support for staff notifying and gathering input through a process. Mayor Ezzy Ashcraft stated a stakeholders forum was held with representatives from the landlord and tenant communities; no agreement will get full agreement on everything; however, the agreement will be better if it has input from stakeholders; the San Francisco ordinance has a distinction for landlords with six units or less; smaller landlords are entitled to get 100% of the value back; however, larger landlords are entitled to a smaller percentage; the work is performed first; then, the landlord can file for amortization over time with a cap. Special Counsel stated the San Francisco ordinance allows larger landlords to recover 70% of the amortization; concern was expressed by landlord groups; there is no longer a distinction between smaller and larger landlords; staff can look at the cap percentage for San Francisco and set up another stakeholder meeting prior to returning to Council. Mayor Ezzy Ashcraft stated that she was no proposing the San Francisco model; however, she could not see the justification for a landlord with seven units not being able to amortize all qualifying improvements; the regulation is complicated and should be streamlined. Councilmember Knox White moved approval of sending the matter back to staff with direction to return with a couple of options for a cumulative cap and pass through after stakeholder engagement and analysis within the next two months. In response to Mayor Ezzy Ashcraft's inquiry, Councilmember Knox White stated a CIP plan can be implemented at 5% today and, two years from now, another CIP plan can be implemented with a second 5%; every two years a CIP plan can be implemented at 5%, which allows for a total of five to seven 5% pass throughs; landlords can extend further to capture additional costs over-time; new tenants allow for resets and higher rent. Vice Mayor Vella seconded the motion, which carried by the following roll call vote: Regular Meeting Alameda City Council 4 February 2, 2021 | CityCouncil/2021-02-02.pdf |