§ 25.06.010. Determination of base rent and allowable increases.

(a)

(1)

Base Rent. The base rent for purposes of this chapter shall be the monthly space rent as of December 31, 1982. Any reduction in services or amenities after December 31, 1982, shall result in a corresponding decrease in rents.

(2)

Lease Expiration. Upon the expiration of any lease, the new space rent shall be the rent in effect at the expiration of such lease.

(b)

Except as otherwise provided in this chapter, the maximum monthly space rent may be increased no more than once a year by an increase over the then existing space rent equal to sixty percent of the cost of living increase (All Urban Consumers, Los Angeles, Long Beach, Anaheim area as furnished by the Division of Labor Statistics and Research, State of California, Department of Industrial Relations) for the preceding twelve-month period.

(c)

Calculation of the one-year limitation on rental increases as provided herein shall be from the date the last increase became effective at the park.

(d)

No owner shall either (1) demand, accept or retain a rent from a tenant in excess of the maximum rent permitted by this chapter or (2) effect a prohibited rent increase by a reduction of general park facilities or services.

(Ord. 2342 § 4 (Exh. A) (part), 1988)