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March 19, 2002

March 19, 2002p> 

March 5, 2002

NOTICE OF PUBLIC HEARING

DATE: MARCH 19, 2002

TIME: 6:00 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. In no event shall the petition be denied solely due to the subsequent transfer of the property, unless the successor in interest declines to substitute in as the petitioner.

Comments may be mailed and should be received at the Rent Board no later than March 12th 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.

Last updated: 10/9/2009 11:26:06 AM