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Council adopted Ordinance Version A to revise the Rent Stabilization Ordinance’s annual automatic rent adjustment formula and eliminate rent adjustments for dependents (ordinance held over for second reading), referred a related amendment on defining “dependents” to the Housing and Homelessness Committee, endorsed use of Dockweiler Beach for the Los Angeles Jazz Festival (subject to permits/fees), and asserted jurisdiction to veto a Cannabis Regulation Commission license approval for a Venice Boulevard business.
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The Council approved changes to the city rent-stabilization rules that change how annual rent increases are calculated and stop extra rent increases when a new dependent is added to a household; the ordinance was adopted but will return for a required second reading before it is final. A proposed amendment to define “dependent” using IRS criteria (with residency rules removed) was sent to the Housing and Homelessness Committee for further work. The Council also agreed to support the Los Angeles Jazz Festival at Dockweiler Beach if organizers meet permit and fee rules, and it used its authority to overturn a cannabis license approval for a business at 2181 Venice Boulevard. Residents should expect follow-up reports and possible additional votes before some changes take effect.
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