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Title:
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Motion ordering submission to the voters of an ordinance that would amend the Residential Rent Stabilization and Arbitration Ordinance (Administrative Code Chapter 37) by revising provisions for passthrough of capital improvement and bond costs to tenants by amending Sections 37.2, 37.3, and 37.7, and by adding new Section 37.8c, including the following: providing for certification of current code required seismic strengthening work and other life/safety capital improvements required by code provisions enacted in the future, to be passed through to tenants over a 20-year period without being added to base rent; providing that certain other certified capital improvement cost passthroughs may be added to tenant base rent; providing that capital improvement costs for abatement of code violations may not be certified for passthrough to tenants where (1.) the code work was necessitated by deferred maintenance, or, (2.) the violations existed for 90 days or more as to the affected tenants (provided that such tenants may not also receive a reduction of rent due to reduction of housing services caused by the code violations); providing that a tenant application for hardship deferment from capital improvement passthroughs may be filed at any time during the tenancy; providing a pilot program for deciding non-complex landlord capital improvement petitions and tenant hardship applications without a hearing; providing that landlords may pass through to tenants 50% of annual costs attributable to repayment of city general obligation bonds approved by the voters in the november 7, 2000 election or thereafter; and, providing that the board of supervisors may amend the ordinance contained in this proposition by a two-thirds vote.
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