Any proposal to convert existing apartments to condominiums shall be subject to the approval of a site plan and the filing and approval of a subdivision map pursuant to the requirements of Chapter 8.24 (Subdivision Regulations) of the Tulare Municipal Code. No conversion may be approved without a finding that such conversion will not negatively impact rental housing in the city. For the purposes of making this finding, the conversion of more than 20 units in any calendar year constitutes a negative impact on the rental housing in the city unless evidence is submitted showing that the vacancy rate is such to justify a greater number of conversions.
(1995 Code, § 10.146.090) (Ord. 05-1990, passed 11-15-2005)