pages: RentReviewAdvisoryCommittee/2017-07-05.pdf, 2
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RentReviewAdvisoryCommittee | 2017-07-05 | 2 | Approved Minutes July 5, 2017 Landlord: Vickie Corley Proposed Rent Increase: $77.50 (5.0%), effective July 1, 2017 Ms. Corley stated that the rent includes water, gas, electricity and garbage/recycle and these expenses have increased significantly in the past year. She explained that the unit was renovated before the tenant moved-in and the property anticipates costs with renovations planned in common areas on the property. Ms. Corely shared that this increase is partly to keep rents somewhat in balance with the market, but the amount requested does not bring the total rent up to market rate. She also explained that all tenants at the property received 5% increases this year. Mr. Donaldson explained that he requested the rent increase review because he wanted to understand the rationale for the increase. He stated that he believes the 5.0% is excessive because his tenancy began one year ago. He explained that other studio units may not be comparable because it is important to factor square feet of the apartment. He noted that while he feels he can afford this increase, the amount is substantial and he has concern if the rent will be raised to this level each year. He explained he considers himself a good tenant and would like to have more information from the landlord to substantiate this increase. Members asked several questions of both parties to facilitate dialogue. Discussion included tenant and landlord perspectives on market trends, increase practices, utility costs, and rent review process. The tenant and landlord reached a mutually agreeable arrangement of a $77.50 (5.0%), effective July 1, 2017. 7-C. Committee will consider and vote on Chair and Vice-Chair. Members Cambra and Friedman self-nominated for the Chair. Cambra voted in as Chair by Murray and Griffiths; Member Sullivan-Sariñana voted for Friedman as Chair. Member Griffiths nominated Member Sullivan-Sariñana as Vice-Chair. Committee members unanimously voted for Sullivan-Sariñana as Vice-Chair. 8. PUBLIC COMMENT, NON-AGENDA, NO. 2. a. No public comment. 9. MATTERS INITIATED Page 2 of 3 | RentReviewAdvisoryCommittee/2017-07-05.pdf |