pages: RentReviewAdvisoryCommittee/2017-04-03.pdf, 3
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RentReviewAdvisoryCommittee | 2017-04-03 | 3 | Approved Minutes April 3, 2017 Proposed Rent Increases: 12-month lease - $72.00 (3.1%); No review Month-to-month agreement - $620.00 (26.9%); Under review Effective date: April 15, 2017 Ms. Edwards explained that often tenants with rent increases scheduled for the Committee's review do not attend the Committee meeting because the plan to accept the less than 5%, 12-month option, but have not yet signed the lease. She stated that many tenants choose to negotiate privately with property managers closer to their renewal date. No Committee review. The tenant did not attend the meeting. Hence, the Committee took no action and the rent increase for either option is effective as of the effective date in the rent increase notice. 7-B. CASE 769 - 909 Shorepoint Court, Unit D110 Tenant: Absent Landlord: Katie Edwards, Prometheus Real Estate Group, Inc. Proposed Rent Increases: 12-month lease - $96.00 (4.9%); No review Month-to-month agreement - $618.00 (31.9%); Under review Effective date: April 29, 2017 No Committee review. The tenant did not attend the meeting. Hence, the Committee took no action and the rent increase for either option is effective as of the effective date in the rent increase notice. 7-C. CASE 771 - 909 Shorepoint Court, Unit D210 Tenant: Absent Landlord: Katie Edwards, Prometheus Real Estate Group, Inc. Proposed Rent Increases: 12-month lease - $98.00 (4.5%); No review Month-to-month agreement - $598.00 (30.5%); Under review Effective date: April 8, 2017 No Committee review. The tenant did not attend the meeting. Hence, the Committee took no action and the rent increase for either option is effective as of the effective date in the rent increase notice. 7-D. CASE 772 - 909 Shorepoint Court, Unit D226 Tenant: Absent Landlord: Katie Edwards, Prometheus Real Estate Group, Inc. Page 3 of 7 | RentReviewAdvisoryCommittee/2017-04-03.pdf |