October 16, 2001
October 4, 2001
NOTICE
OF PUBLIC HEARING
DATE: OCTOBER 16, 2001
TIME: 6:30 P.M.
PLACE: 25 VAN NESS AVENUE (AT
MARKET ST.)
SUITE 70, LOWER LEVEL
SAN FRANCISCO, CALIFORNIA
THE RENT BOARD COMMISSIONERS INVITE
THE PUBLIC TO COMMENT ON PROPOSED CHANGES TO THE RULES AND REGULATIONS GOVERNING
THE RESIDENTIAL RENT STABILIZATION AND ARBITRATION ORDINANCE, CHAPTER 37 OF
THE SAN FRANCISCO ADMINISTRATIVE CODE.
THE COMMISSION IS TAKING PUBLIC
COMMENT ON THE ATTACHED LANGUAGE AMENDING SECTION 6.10(e) TO SPECIFICALLY STATE
THAT ONLY THE OWNER WHO ACTUALLY INCURRED THE EXPENSE OF A REFINANCE OR A NEW
PURCHASE DEBT SERVICE MAY PETITION FOR A RENT INCREASE UNDER SECTION 6 OF THE
RULES AND REGULATIONS. PLEASE NOTE THAT NEW WORDING IS UNDERLINED AND ANY
DELETIONS ARE IN DOUBLE BRACKETS [[ ]].
Section 6.10(e) If a building is
refinanced or there is a change in ownership resulting in increased debt service
and/or property taxes, only the landlord who incurred such increased expenses
may file a petition under this Section and only one rent increase per unit
based upon increases in debt service and/or property taxes shall be allowed
for each such refinance or transfer, except in extraordinary circumstances or
in the interest of justice.
Comments may be mailed and should
be received at the Rent Board no later than Oct. 10th so that
they can be mailed and received by the Commissioners prior to the hearing. Comments
arriving after this time may not be able to be adequately considered. Comments
may also be made in person at the hearing and will be limited to three minutes
per person.