Public – (on the application) None Open / Close All Ayes
Motion to approve Real Estate Tax Decrease of $3.99 for MGM at Jackson made by D. DiCapua, second by K. Lowe Vote: W. Cordts, K. Lowe, D. DiCapua, C. Dimino, R. Skinner - Ayes CPI Increase - Mr. Amoruso has reviewed the application seeking a CPI Increase of 1.23% effective 4/2021 – 3/2022 in accordance with the start date of each tenant's lease. Mr. Baker is in agreement with the calculations. Public – (on the application) None Open / Close All Ayes Motion to approve CPI Increase of 1.23% for MGM at Jackson made by D. DiCapua, second by K. Lowe Vote: W. Cordts, K. Lowe, D. DiCapua, C. Dimino, R. Skinner - Ayes
Present representing Oak Tree are Johanna D'Ambrosio and Tony Lucignano, who are sworn in by Lori Greenberg. Ms. Greenberg is also present representing the park.
Mr. Amoruso has reviewed the application which is seeking a Real Estate Tax Increase of $0.67 per site per month effective April 1, 2021, with a maximum tax of $43.27. Ms. D'Ambrosio and Mr. Lucignano are in agreement with the calculations.
Public – Frank Martinez asks why the rent goes up each year?
Mr. Skinner stated that per the Ordinance, the part is entitled to a CPI Increase each year, this is in accordance to rent control guidelines.
Mr. Martinez feels the rent should not be increased.
Mr. Dimino stated that when the park gets a real estate tax increase, it is passed on to the tenants.
Public Closed All Ayes
Motion to approve Real Estate Tax Increase of $0.67 for Oak Tree made by W. Cordts, second by C. Dimino
Vote: W. Cordts, K. Lowe, D. DiCapua, C. Dimino, R. Skinner - Ayes
CPI Increase – Mr. Amoruso has reviewed the application which is seeking a CPI Increase of 1.23% effective 4/2021 –
3/2022 in accordance with the start date of each tenants lease. Ms. D'Ambrosio and Mr. Lucignano are in agreement with the calculations.
Public – (on the application) None Open / Close All Ayes
Motion to approve CPI Increase for Oak Tree made by K. Lowe, second by W. Cordts
Vote: W. Cordts, K. Lowe, D. DiCapua, C. Dimino, R. Skinner - Ayes
Present representing Pineview and Woodmere is Erin Slipoy, Property Manager, who is sworn in by Ms. Rumpf and Lee Hutchinson, Esq. Woodmere Apartments CPI Increase Mr. Amoruso has reviewed the application seeking a CPI Increase of 1.81% plus 1.5% (heat provided) for a total of 3.31% increase effective 4/2020 through 3/2021. Credits were made to tenants as no application for increase was made with the Board for 11/2019 through 3/2020. Ms. Slipoy is in agreement with the calculations. Public – (on the application) None Open / Close All Ayes Motion to approve CPI Increase of 3.31% for Woodmere Apartments made by W. Cordts, second by K. Low Vote: W. Cordts, K. Lowe, D. DiCapua, C. Dimino, R. Skinner - Ayes Pineview Apartments Mr. Amoruso has reviewed the application seeking a CPI Increase of 1.81% plus 1.5% (heat provided) for a total of 3.31% increase effective 4/2020 through 3/2021. Credits were made to tenants as no application for increase was made with the Board for 11/2019 through 3/2020. Ms. Slipoy is in agreement with the calculations. Public - (on the application) None Open / Close All Ayes Motion to approve CPI Increase of 3.31% for Pineview Apartments made by C. Dimino, second by D. DiCapua