pages: RentReviewAdvisoryCommittee/2018-10-01.pdf, 4
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RentReviewAdvisoryCommittee | 2018-10-01 | 4 | Approved Minutes October 1, 2018 changing careers, which could come with its own increased costs (e.g., paying for additional education). He said his wife was working full-time and was also in school. Member Sullivan-Cheah asked Mr. Wooten what percentage of his income the rent, after the requested increases, would represent. Mr. Wooten said that the requested increase of $310 would make the rent payment come out to about 40% of their household income. He said that he and his wife were paying for their education through their savings. Vice Chair Murray asked what his wife did and he said she was an assistant teacher at a Montessori school. She asked the ages of his kids and he said they were 11 and 13 years old. Vice Chair Murray asked what he thought a reasonable rent increase would be, and, referencing his paperwork, pointed out that he had indicated in his submission that he thought an increase of $105 would be reasonable. Mr. Wooten confirmed he thought that amount was reasonable. Vice Chair Murray asked if he could afford the full increase requested by landlords for one year, $123.03, and he said he would have to start sacrificing things, like programs for his kids. The parties took their seats and the Committee began deliberations. Member Sullivan-Cheah said he thought the $105 offered by the tenant was reasonable. Vice Chair Murray added that it represents more than the CAPX costs of $81.33, and so it included some increased operating costs. Motion and second for a $105 increase (Members Sullivan-Cheah and Griffiths). Motion passed 3-0. 6-F. CASE 1105 - 2485 Shoreline Dr., Apt. 218 No Committee review. Prior to the hearing, the parties reached an agreement concerning the amount of the rent increase. Details of the agreement can be found in the Rent Stabilization Program's monthly report at www.alamedarentprograms.org 7. NEW BUSINESS 7-A. CASE 1136.1 - 3269 Central Ave. No Committee review. Prior to the hearing, the parties reached an agreement concerning the amount of the rent increase. Details of the agreement can be found in the Rent Stabilization Program's monthly report at www.alamedarentprograms.org, Page 4 of 7 | RentReviewAdvisoryCommittee/2018-10-01.pdf |