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~;. <br />Adopted 7l16/20p1 -Effective 8!15/2001 <br />(with amendments as of .lanuary ZOp61 <br />rrv. t U V f..'- <br />Article 24 Condominium Conversions <br />Sections: <br />City of San Leandro 2onioy Code -Article 24 <br />5-2400 Specific Purposes <br />5-2402 Objectives <br />5-2404 Definitions <br />5-2406 Requirements - <br />5-2408 Application Procedures <br />5-2410 Required Reports and Information <br />5-2412 Condominium Conversion Standards <br />5-2414 Tenant Rights, Benefits, and Nofrfication <br />5-2416 Effect of Proposed Cornersions vn the City's Low and Moderate- <br />Income Housing Supply <br />5-2418 Density Bonus for Induding Low- and Moderate-Income Housing <br />Supply <br />5-2420 Required Findings <br />5-2422. Referral to Cit~r Council <br />5-2424 Exceptions <br />5-2426 Appeals <br />b-2428 Retaliation and Unlawful Detainer Defense <br />5 2400 Specific Purposes <br />The conversion of .residential structures from individual ownership to condominiums or <br />ariy other form of multiple ownership interests creates special community problems, both <br />social and economic. Cornersions may significantly affect the balance between rental <br />and ownership housing within the City. and, thereby, reduce the variety of individual <br />choices of tenure, type, price, and location of housing; .increase overall rents; decrease <br />the supply of rental housing for all income groups; displace individuals and famNies; end <br />disregard the needs of the prevailing consumer mark®t. The purpose of this Article is to <br />provide guidelines to ®valuate those problems, including the impact. any conversion <br />application may have on 'the community and to establish requirements, which shall be <br />included in any conversion approval. <br />5-2402 Objectives . <br />This article is enacted for the following reasons: <br />... , <br />A. To establish procedures and standa; d~ for the convension ~ of existing <br />multiple-family rental housing to condominiums; <br />B. To protect the rights end reduce the impact of sUCh conversions on tenants, <br />who may be required to relocate due to the conversion of apartments to <br />1 ~ . <br />AR.24 <br />Page 1 cf 17 <br />