pages: CityCouncil/2022-03-01.pdf, 23
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CityCouncil | 2022-03-01 | 23 | ordinance], including the associated technical corrections. Councilmember Knox White proposed a friendly amendment which includes a 60 day notice for banked AGA after the end of the local emergency. Councilmember Daysog stated the notice is not currently included in the staff recommendation; expressed support for hearing from other Councilmembers. Vice Mayor Vella inquired whether the 60 day notice would mean landlords have to wait 60 days to use the banked increase; whether a landlord waiting until the end of the local emergency could increase by 2.7% plus the next banked increase. Councilmember Knox White responded landlords would bank the 2.7% and use the next AGA, plus up to 3% of the bank; the 2.7% would not be added to the increase and would go into the bank. The City Attorney concurred with Councilmember Knox White. Vice Mayor Vella inquired whether the total amount able to increase would be the 3% plus AGA, to which Councilmember Knox white responded in the affirmative. Mr. Katz stated the most a landlord could impose at any given time would be the AGA at the time, plus 3% banked increase. Councilmember Daysog outlined Councilmember Knox White's proposed motion amendment; inquired whether the process of the banked amount does not happen simultaneously, that the amount is increased 60 days later if there is an AGA rent increase, to which Councilmember Knox White responded in the negative. The City Attorney stated there are a number of banking rules which remain in effect and create limitations on rent increases; one limitation is that there can only be a rent increase every 12 months; a landlord increasing rent in July prior to the pandemic ending, cannot increase rent again within 60 days of the pandemic ending; a landlord cannot increase rent twice within 12 months; landlords will have to wait until the 12 months is up before implementing another rent increase plus AGA. Councilmember Daysog inquired the reason for having the 60 day notice for banked increases. Councilmember Knox White responded a 60 day notice starts putting the use of the AGA out far enough that there is encouragement for landlords to use the 2.7% rent increase rather than sitting on a rent increase for months to utilize 5% plus 3%; the proposal encourages a phased in approach. In response to Councilmember Daysog's inquiry regarding banked increases, Councilmember Knox White stated the 60 day notice pushes the increase out and banking still cannot be used until the end of the emergency. Councilmember Daysog moved approval of staff's recommendation [introduction of the ordinance]. Regular Meeting Alameda City Council March 1, 2022 21 | CityCouncil/2022-03-01.pdf |