City Council

5.\nOrdinance No. 1522 Amendment to the Rent Stabilization Ordinance (RSO), Chapter 117 of the\nBaldwin Park Municipal Code Incorporating CPI-U Annual Adjustment Methodology and\nDetermining the Matter is Exempt under CEQA\nIt is recommended that the City Council Introduce and Adopt Ordinance No. 1522 amending Chapter\n117 of the Baldwin Park Municipal Code to clarify the Annual Rent Adjustment Methodology for\nControlled Rental Units using the April 12-month CPI-U Index, with adjustments effective each\nAugust, and limiting rent Increases to the lesser of the CPI-U change or 5 percent.