City Council

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