(A) Adoption of fee - The city may incur certain annual costs in administering the mobile home park rent stabilization system. After a noticed public hearing, the city council may adopt by resolution an annual administrative fee. For the first year of the administrative fee following the adoption of this ordinance (i.e., city fiscal year 1998-99), the city council estimates that such cost will equal or exceed $69,350, or no more than $2.34 per space per month for all spaces subject to the jurisdiction of the system. Along with the administrative fee, a park's monthly report regarding the calculation of the administrative fee for each month shall be filed with the city's treasurer on or before the tenth day of that month. Such administrative fee shall reimburse the projected costs of such administration, based upon previous actual costs, to the city. Such resolution and projected costs may be updated on an annual basis after a noticed public hearing, but in no event shall the annual administrative fee be increased by more than 75 percent of the consumer price index for all urban consumers for the Los Angeles- Anaheim-Riverside area or eight percent per year, whichever is less.
(B) Payment by park owners - One-half of any administrative fee shall be paid to the city by the owners of the parks within the city. Such fee shall be allocated to each owner based upon the number of spaces in each park which were subject to the system in the city's previous fiscal year period.
(C) Payment by residents - One-half of any administrative fee shall be paid to the city by the residents of the parks within the city, based upon the number of months each resident's rent was subject to the system in the city's previous fiscal year period.
(`64 Code, Sec. 17.1-21) (Ord. No. 2475)