Title
Amendments to Chapter 46, Mobile Home Rent Stabilization Ordinance (First Reading)
Recommendation
1. Introduce an Ordinance of the City of Mountain View Amending Mountain View City Code Chapter 46, Sections 46.5 and 46.6, to Modify Allowed Annual Rent Increases from the Current Combination of an Adjustment Limited to 100% of the Consumer Price Index for All Urban Consumers (CPI-U) for the San Francisco-Oakland-Hayward region, with a 2% Floor and 5% Ceiling to an Adjustment Limited to 60% of the CPI-U with No Floor and a 3% Ceiling, to be read in title only, further reading waived, and set a second reading for March 25, 2025 (Attachment 1 to the Council report).
2. Find that pursuant to California Code of Regulations Section 15060(c)(2), the proposed Code amendments are not subject to the California Environmental Quality Act because they will not result in a direct or reasonably foreseeable indirect physical change in the environment.