3A Public Hearing 2008 0303 - Laserfiche WebLink

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Adopted 7116l20~9 _ Eff®~;,,~ 8/15/20p'1 (with emendmer-ts as of January 2006) 5.2406 Requirements City of San Leandro Zoning Code - Article 24 in addifion to the applicable requirements and procedures set forth in Tide VII; Chapter 1 of the San Leandro Municipal Code, conversions of existing rental housing to condominiums, townhouses, community apartments, stock cooperatives, and any other subdivision which is a conversion of existing rental housing shall be subject to the additional requirements of this Code. Such conversions also must obtain a use permit pursuant to Article 22. No person shall cause a conversion of the type herein referred to except in accordance with this Article. 5-2408 Application Procedures The. following procedures and regulations shall app-y to cmndominium conversion applications: A. Preliminary r,olicati ns. Applicants may submit to the Community Development Department preliminary applications for condominium conversions of residential structures to condominiums, Such applicatjons shall idenfify the owner or authorized agent, the location end number of units in the building to be converted, and contain information on the vacancy rate of mui~-family dwellings of three (3) or more units within the City and the number of tenants who support such a conversion. Data for determining the City's annual multi-family vacancy rate shall be compiled from a variety of sources including, but not limited to, United States Postal Service Surveys, idle utility meter reports, reports from financial institutions, and real estate organizations, B. De ent ev~gw, The Community Development Department shall review preliminary applications for condominium conversions. Preliminary applications may be aaepted for further discretionary review if any one of th~•fogowin® factors exists: . T.J: 1. The vacancy rate of multiple-family developments of three (3) or more rental units within the City, as determined by the Zoning Enforcement Official, Is equal to or more than five percent (6%), unless the conversion will result in a decxease of the vacancy rate to less than five percent (5%), ~~ 2._ Tanants law;ully• In' possession of seventy-five, percent (75°fo) of Uie units indicate in writing to the City their desire (one vote per unit) to convert such units to condominium ownership. 7o qualify under this provision, the applicant shall submit evidence that tenants have been Provided with information on all estimated costa, including, but not limited to, the unit cost, down-payment requirements, financing, . AR.24 Page 3 of 17