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HomeMy WebLinkAbout7670 - Marinapark Rental Schedule0 RESOLUTION NO. 7 67 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING A NEW RENTAL SCHEDULE FOR NEWPORT MARINAPARK IN COMPLIANCE WITH FEDERAL GOVERNMENT WAGE -PRICE RESTRICTIONS WHEREAS, the City of Newport Beach is the owner of that certain real property in the City of Newport Beach presently utilized as a trailer park and known as NEWPORT MARINAPARK; and WHEREAS, the City Council on the 9th day of June, 1969 adopted Resolution No. 7002 approving a standard form rental agreement and regulations for Newport Marinapark and directed the City.Manager to execute said agreement with all tenants of Newport Marinapark; and WHEREAS, the rental agreement provided, among other things, that certain rental rate increases would go into effect on July 1, 1972; and WHEREAS, the wage and price guidelines set forth by the Federal government limit said increases to a maximum of 2.5 %; -.1 .� WHEREAS, the City Council desires to comply with the guidelines set forth by the Federal government; NOW, THEREFORE, BE IT RESOLVED that the following rental rate schedule, which is in conformance to the Federal wage and price guidelines, will be in effect from July 1, 1972 to June 30, 1973: SPACE LOCATION A B F C D E -1- MONTHLY RATE $164.00 164.00 164.00 138.00 138.00 138.00 ADOPTED this 10th day of April , 1972. ATTEST: ty Clerk *CICLERK C RTFIED AS THE 071 NAL OF THE CITY OF NEWC&T BEACH DATE, APR 14 197_, e--- ^-�- -- • -2- V , Mayor DRB dm 4 -5 -72