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File #: 130480    Version: Name: Subdivision Code - Condominium Conversion Impact Fee
Type: Ordinance Status: Killed
Introduced: 5/20/2013 In control: Board of Supervisors
On agenda: 6/11/2013 Final action: 6/11/2013
Enactment date: Enactment #:
Title: Ordinance amending the Subdivision Code, by adding Section 1396.4, to adopt a condominium conversion impact fee applicable to certain buildings that would be permitted to convert during a seven year period, and subject to specified requirements, including lifetime leases for non-purchasing tenants; adding Section 1396.5, to suspend the annual condominium conversion lottery until 2024 and resume said lottery under specified circumstances tied to permanently affordable rental housing production; amending Section 1396, to restrict future condominium lotteries to buildings of no more than four units with a specified number of owner occupied units for three years prior to the lottery; and adopting environmental findings.
Sponsors: Mark Farrell, Scott Wiener, David Chiu, Norman Yee, Jane Kim
Attachments: 1. Leg_Ver1, 2. Leg_Dig_Ver1, 3. Comm_Packet_060313, 4. Board_Packet_061113
Related files: 120669
Legislation Details
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