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R-9961 f:\atty\share\cfh\relocation\reso draft 0504.doc City Council Meeting 6-22-04 Santa Monica, California RESOLUTION NUMBER 9961 (CCS) (CITY COUNCIL SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA ESTABLISHING THE AMOUNTS OF THE PERMANENT RELOCATION FEES REQUIRED BY SANTA MONICA MUNICIPAL CODE SECTION 4.36.040 WHEREAS, Santa Monica Municipal Code Section 4.36.020 requires any landlord who terminates a tenancy for specific reasons to pay a permanent relocation fee to the displaced tenant; and WHEREAS, Santa Monica Municipal Code Section 4.36.040 provides that permanent relocation fee amounts be established periodically by resolution of the City Council in accordance with the following formula: 1990 relocation fee adjusted for inflation by the percentage change in the Rent of Primary Residence component of the CPI-W Index for the Los Angeles/Riverside/Orange County area, as published by the United States Department of Labor, Bureau of Labor Statistics ("Rental Index"), between March 1990 and the date of preparation of the City Council resolution, rounded to the nearest $50.00; and WHEREAS, the relocation fee required by Section 4.36.040 has not been adjusted since November 1999, during which time there has been a substantial increase in the Rental Index; and 1 WHEREAS, there has been an approximately 46.4 percent increase in the rental index between March 1990 and April 2004, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA DOES RESOLVE AS FOLLOWS: SECTION 1. Relocation fees pursuant to Section 4.36.030 of the Santa Monica Municipal Code are hereby set as follows: HOUSING UNIT SIZE FEE Single $4,400 One bedroom $5,500 Two bedrooms $6,200 Three bedrooms $7,700 Four or more bedrooms $8,050 SECTION 2. The City Clerk shall certify to the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: 2 Adopted and approved this 22nd day of June, 2004. fL~ Richard Bloom, Mayor I, Maria Stewart, City Clerk of the City of Santa Monica, do hereby certify that the foregoing Resolution No. 9961 (CCS) was duly adopted at a meeting of the Santa Monica City Council held on the 22nd day of June, 2004, by the following vote: Ayes: Council members: Mayor Bloom, Mayor Pro Tem McKeown, Genser, Holbrook, O'Connor, Feinstein Noes: Councilmembeffi: None Abstain: Councilmembeffi: None Absent: Council members: Katz ATTEST: ~~.~ I Maria M. Stewart, 'City Clerk 3