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ORDINANCE 1912 <br />URGENCY ORDINANCE OF THE TOWN OF LOS GATOS <br />TO AMEND ORDINANCE 1906 <br />SUSPENDING PROVISIONS OF SECTION 14.80.315 OF THE TOWN CODE <br />REGARDING RENT INCREASES TO PASS THROUGH <br />INCREASED DEBT SERVICE <br />The Town Council of the Town of Los Gatos does hereby ordain: <br />SECTION I <br />An urgent need for this ordinance exists in order to preserve the public health and <br />safety in that: <br />1. A significant number of mobile home park tenants live on a fixed limited <br />income; and <br />2. The availability of spaces for mobile homes in the Town's two mobile home <br />parks is very limited and zoning requirements allow mobile homes in the Town only in <br />mobile home parks; and <br />3. Significant expenses and costs are associated with moving mobile home <br />coaches from one location to another; and <br />4. The supply of low income housing in the Town of Los Gatos is extremely <br />limited; and <br />5. The Town's current rent control ordinances might be interpreted to permit <br />a new mobile home park owner to increase rents significantly to pass through the increased <br />costs of financing; and <br />CSD08:A: \0RDS \CS081792.001 4- <br />