8.90.200 Operating expenses not allowable
Operating expenses shall not include the following:
   A.   Avoidable and unreasonable or unnecessary expenses;
   B.   Mortgage principal and interest payments;
   C.   Lease purchase payments and rent or lease payments to landlord's lessor;
   D.   Penalties, fees or interest assessed or awarded for violation of this or any other statute;
   E.   Attorney's fees and other costs incurred for proceedings before the Hearing Officer or in preparation for such proceedings, or in connection with any civil actions or proceedings against the City, or a decision, ruling, or order of the Hearing Officer;
   F.   Depreciation of the real property;
   G.   Any expenses for which the landlord has been reimbursed by any security deposit, insurance settlement, judgment for damages, settlement, or any other method.
(Ord. MC-1481, 4-14-18; Ord. MC-865, 3-24-93)