In evaluating the application the board may consider, along with all other factors
it considers relevant, changes in costs to the owner attributable to an increase or
decrease in utility rates, property taxes, insurance, advertising, variable mortgage
interest rates, employee costs, normal repair and maintenance, master land and/or
facilities lease rent provided such lease to a bona fide third party existed prior
to January 1, 1983, and other considerations, including, but not limited to, rehabilitation
work, capital improvements, upgrading and addition of amenities or services, net operating
income and the level of rent necessary to permit a just and reasonable return on the
owner's property.
(Ord. 2342 § 4 (Exh. A) (part), 1988)
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