ID 24-114 Actions pertaining to Fresno Estates LP's (Owner) rent increase application (Application) for Fresno Mobile Home & RV Park (the Park):
1. HEARING on the Application.
2. Take one of the following actions:
i. APPROVE the full $75,900.00 rent increase requested by Owner; OR
ii. APPROVE the 6.6% rent increase permitted automatically pursuant to Fresno Municipal Code (FMC) Section 12-2014, plus any properly substantiated government costs increased in excess of 5% of the previous 12 months' costs pursuant to FMC Section 12-2013, plus any additional amount determined to be just, fair, and reasonable pursuant to FMC Section 12-2012; OR
iii. APPROVE only the 6.6% rent increase permitted automatically pursuant to FMC Section 12-2014, plus any properly substantiated government costs increased in excess of 5% of the previous 12 months' costs pursuant to FMC Section 12-2013.