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HomeMy WebLinkAboutStatus Review of the Huntington Harbour Mobile Home Estates CITY OF HUNTINGTON BEACH City Council Interoffice Communication To: Honorable City Council Members From: Debbie Cook, Mayor Date: October 27, 2008 Subject: COUNCIL MEMBER ITEM FOR NOVEMBER 3, 2008, CITY COUNCIL MEETING— STATUS OF HUNTINGTON HARBOUR MOBILE HOME PARK STATEMENT OF ISSUE: The Huntington Harbour Mobile Home Estates (HHME) is a 130-unit senior mobile home complex located at 16400 Saybrook Lane. The park was constructed in March 1972, with a 55-year lease term and rates are set by appraisals every five (5) years commencing in 2002. In May 1999, the residents formed a non-profit corporation and purchased the lease ($3,896,100). The lease for the mobile home park is separate from the property. In November 2006, the land was sold to Burnham USA for$19,000,000. Over the last two years, there have been several lawsuits between the two parties (HHME and Burhnam). Pursuant to the lease terms, the five-year appraisal was recently completed (due 7/07; finalized 8/08). The land appraisal in 2002 was $8,300,000 and the 2007 appraisal has set the land value at $30,800,000. The new land value is used to calculate the rent of the mobile home park (6% of land value) and the new rent is due retroactive from 7/07. The HHME Board had assumed that the land value would be increased and felt that the amount would be between $14 to $16 million dollars. In anticipation, the Board collected an increased amount of rent to assist with the retroactive payment due. However, due to the increased appraised value, the retroactive rent is close to $1.5 million. The Board states it can pay approximately half of the money from reserves and is trying to negotiate the remaining retroactive payment with Burnham. Over the last two years, with the anticipated increase in rent due to the new appraisal and continued litigation, there has been a strain on the residents. The Board had increased the rent to $1,570 per space in July of 2007, anticipating a higher appraisal of the property. This increase created a financial burden on the senior complex resulting in approximately 25 homes for sale in the park. In addition, one senior lost his home to repossession due to an inability to pay the rent space and mortgage on the home. 11---3 - boa? Aj Status of Huntington Harbour Mobile Home Park Page 2 October 27, 2008 Due to the increase in land value, the rent for the spaces will be increased to $2,141 per month. There are many additional residents that can not pay the increased amount. This may lead to additional foreclosures, repossessions, and/or abandonment of units by owners. The resulting foreclosures create several issues for the HHME and the city: 1) the loss of monthly space rent, which hinders the parks' ability to pay the lease rent; 2) the write off of City Housing Rehabilitation Loans which include four (4) loans for a combined total of$41,000; and 3) the emotional/physical toll on the senior residents who lose their home and have no alternative housing. RECOMMENDED ACTION: Direct the Mayor to write a letter on behalf of the City asking the Housing Community Development (HCD) and Attorney's Generals office to review the current situation at HHME or any other action as determined by the City Council. Attachment: Huntington Harbour Mobile Home Estates Timeline Space Rent Comparison xc: Fred Wilson, City Administrator Paul Emery, Deputy City Administrator Bob Hall, Deputy City Administrator Joan Flynn, City Clerk Stanley Smalewitz, Economic Development Director HUNTINGTON HARBOUR MOBILE HOME ESTATES (SENIOR PARK TIMELINE) 03/06/1972 05/19/1999 06/01/2002 11/29/2006 12/06/06 03/05/07 04/10/07 06/05/07 Park construction and Residents formed First appraisal was HHME offered Land sold for Burnham's offers to Burnham offers Burnham filed two 30 lease starts,key lease non-profit corpora- $8,300,000 $19,000,000 to pur- $19,000,000 to Burn- sell for$40,000,000 ground lease payment day notices re:insur- items are: tion HHME and chase land. ham USA of$1,650 per space a ance,records etc. bought lease: month not including •Between Phelps tax and park operat- •High legal bills on family and Ghents •Paid$3,896,100 for ing expenses. this issue continued to (friends),55 year lease($29,970 ea or 02/08. term.Rents set by $322/monthly loan appraisals every 5 payment for each years starting in 2002 resident). and thereafter. •Ground Lease pay- ments are 6%of appraisal and are retroactive to lease appraisal date. •Tenant maintains senior park and pays all costs including property taxes. 06/07 to 04/08 08&09/07 01/08/08 04/08/08 04/15/08 05/01 to 08/31/08 08/31/08 Current Burnham suit to Burnham files mul- Burnham offers: Burnham files 2nd Trial on first suit Appraisals delayed by Final appraisal HHME currently change appraisal tiple 30 day notices of Lease$1650 per mo suit,wants$455,000 1st suit begin $30,800,000 trying to negotiate methodology various kinds not including taxes or back rent settlement with Burn- operating expenses or •New rent would be ham •Litigation caused •7 Inspections claim purchase offer of •Continuing lawsuits over$2,100 mo. high legal fees approximately 400 $38,000,000 effectively stops sale •Burnham on ($200,000 in this 14 questionable viola- of homes. •Retroactive amounts 09/19/08 threatens to month period and tions. HHME purchase of$1,500,000 are evict and require land impacts resale's in counter offer of claimed to be cleared to origi- park). •More HHME report- $22,000,000 rejected nal state. ing accounting viola- tions alleged. HUNTINGTON BEACH MOBILEHOME SPACE RENT HUNTINGTON BEACH MOBILEHOME SPACE RENT COMPARISON INCLUDING TAXES AND ALL FEES COMPARISON INCLUDING TAXES AND ALL FEES Huntington Shorecliffs 20701 Beach Blvd. Huntington Beach,CA 92648(714)536- 304 $1250 4417 � � Rancho Del Rey Mobile Estates 16222 PARK NAME&AD6ki` ' SPACES RENTS AS OF Monterey L Huntington Beach,CA 92649 379 $975-1020 10/08 (714)846-1429(includes 01/01/09 adjust) Huntington Harbour Estates 16400 $1248+$322 Los Amigos MHP 18601 Newland St. Saybrook Ln, Huntington Beach,CA HHME Share Huntington Beach,CA 92646(714)962- 145 $700 92649(714)846-1010 130 Expense= 7422 Current space rent $1570 Sea Breeze Mobile Estates 5200 Heil Ave. Huntington Beach,CA 92649(714)846- 65 $700 Huntington Harbour Estates 16400 3888 Saybrook Ln, Huntington Beach,CA $1819+$322 Del Mar Mobile Estates 19251 Brookhurst 92649(714)846-1010 130 HHME Share Projected new rent Expense= ro per St.Huntington Beach,CA 92646(714) 142 $695 � p $2141 968-0484 $30,800,000 appraisal Skandia Mobile CC 16444 Bolsa Chica Huntington By the Sea 21851 Newland St. Huntington Beach,CA 92649(714)846- 167 $699 Huntington Beach,CA 92649(714)536- 306 $1200-$1400 9693 1 1 1 3826 Pacific Mobile Home Park,80 Huntington, Huntington Beach,CA(714)536-3832 252 $925 Cabrillo MP 21752 Pacific Coast Hwy NOTE:HHME"share expense"of$322.00 represents the monthly cost of owning a Huntington Beach,CA 92643 (714)421- 45 $1350-1575 3148 share of the HHME Homeowners Association.These funds were spent to purchase Villa Huntington Mobile Castles,7850 the existing lease between the landowner(now Burnham USA)and HHME in Slater Ave,Huntington Beach,CA(714) 125 $850 1999.The purchase of the lease by HHME(A Non-Profit Mutual Benefit CA 847-1181 Corporation)was done to ensure the lowest possible total rent cost for the Huntington-by-the-Sea Mobile Village, shareholders.All shareholders are over 55 years old and most are retired and on (714) Newland St,Huntington Beach,CA 306 $1100 1450 (714) Newland fixed incomes.The rent increase resulting from the$30,800,000.00 appraisal will Huntington Mobile Estates 7652 Garfield trigger a reduction of shareholders(economic eviction)and further increase the Ave.Huntington Beach,CA 92648(714) 105 $820-945 monthly rent figure. 847-3888 Sea Aire Village,6241 Warner Ave, Current shareholder delinquency as of October 2008 and projected forecast of Huntington Beach,CA 92648(714)847- 230 $989 1121 delinquency and space vacancies project a monthly rent cost of$2438.00 Beach View MHP 17261 Gothard St. ($21 16.00+$322.00)by December. Huntington Beach,CA 92647(714)847- 82 $584-614 4444(includes 01/01/09 adjustment) Rancho Huntington MH Estates 19361 Brookhurst St.Huntington Beach,CA 194 $700 92646(714)962-7311 Brookfield Manor 9850 Gafield Ave. Huntington Beach,CA 92646(714)968- 139 $715-740 0484(includes 01/01/09 adjustment) Mariners Pointe 19350 Ward St. Huntington Beach,CA 92646(714)968- 98 $695 0820 10/14/08 10/14/08 ORDINANCES FOR ADOPTION 16. (City Council) Adopt Ordinance No. 3816 Amending Chapter 10.12 of the Huntington Beach Municipal Code (HBMC) Relating to Speed Limits. Approved for Introduction October 20, 2008. Recommended Action: After City Clerk reads by title, Adopt Ordinance No. 3816, "An Ordinance of the City of Huntington Beach Amending Chapter 10.12 of the Huntington Beach Municipal Code Relating to Residential Speed Limits." Approved 7-0 COUNCILMEMBER ITEMS 17. (City Council) Submitted by Mayor Debbie Cook Requesting a Status Review of the Huntington Harbour Mobile home Estates (HHME). Recommended Action: Direct the Mayor to write a letter on behalf of the City asking the Housing Community Development (HCD) and Attorney's Generals office to review the current situation at Huntington Harbour Mobile Home Estates (HHME) or any other action as determined by the City Council. Item moved forward to first item on agenda. Motion to: 1) Direct the Mayor to write a letter on behalf of the City asking the Housing Community Development(HCD) and Attorney's Generals office to review the current situation at Huntington Harbour Mobile Home Estates (HHME), and 2) Direct the City Attorney to look into strengthening the Mobile Home Conversion ordinance for this and other future issues, and 3) Direct staff to broker a meeting between HHME and Burnham USA. Approved 4-3 (Hansen, Green, Carchio no) COUNCILMEMBER COMMENTS (Not Agendized) LL- ADJOURNMENT— 10:24 P.M. Council/Agency adjournment to a Special Meeting on Monday, November 10, 2008 at 6:00 PM in the City Council Chambers, 2000 Main Street, Huntington Beach, California for a Public Hearing on the Appeal of the Planning Commission's Approval of EIR 07-004, ZTA 07-003, GPA 07-001, ZMA 07-004, and CUP 08-043 - The Ripcurl Project. The next regularly scheduled meeting will be Monday, November 17, 2008 at 4:00 PM in Room B-8, Civic Center, 2000 Main Street, Huntington Beach, California. INTERNET ACCESS TO CITY COUNCIUREDEVELOPMENT AGENCY AGENDA AND STAFF REPORT MATERIAL IS AVAILABLE PRIOR TO CITY COUNCIL MEETINGS AT httpJ/www.surfcity-hb.ora Council/Agency Agenda— Monday. November 3, 2008 Page 7 of 7 Fax sent bg : 9497600430 BURNHAM USA 18-31-88 82:87p Pe: 2/4 HUNTINGTON MOBILE HOME INVESTMENTS, LLC 2200 Newport Center Drive,Suite ISO Newport Beach,California 926.60 (949)760-9150 ra Q cm October 31,2008 S7 o wiz- Mayor Debbie Cook 'TM� Members of the City Council - -0 City of Huntington Beach r' 2000 Main Street > } Huntington Beach,California 92648 d w Re: Huntington Harbour Mobile Estates Ladies and Gentlemen: This letter is mitten in response to the many inquiries that you've received from Huntington Harbor Mobile Estates residents.No doubt, you have heard the HONs side of the story and we wanted to make sure that our position as"land owner"was also being fairly portrayed. As you can imagine,this is a very complex matter so it's best to start with a few basic facts that are indisputable,but necessary for you to•gain an understanding of the position that we as lmd owner are being forced to take. In the past, the land owner has had no involvement in the operations of the park. The land owner is only responsible for leasing the fee land(pursuant to a ground lease)to an entity that in turn leases the spaces to the individual residerb. When the park was originally developed many years back, the land owner entered into a ground lease w th the original mobile home park developer. As is customary in these types of developments, the developer was responsible for establishing the operational budgets to be provided to the individual residents based on overall costs of the park including its obligations(financial and otherwise) under the ground tease. The sum total of these costs would be the basis upon which the monthly rent for its resents would be established. Rightly or wrongly, the HOA agreed some years ergo to assume(acquire)the developer's leasehold position and is'now subject to the same terms and conditions that the original developer agreed to be bound by with the land owner. The 1971 ground lease (or "agreement") that the original land owner and original developer entered into is a very straightforward document that, like most lease agreements, spells out the basic lease details such as length of term, amount of rent, rent increase fomwlas over the lease term,etc. It is important to understhnd that this is not a new agreement and one that has existed in exactly the same form and substance since the park's inception. It is critical to understand that we did riot create the agreement or modify it in any way. Rather we inherited it when we bought the fee interest in late 2006. Furthermore, every individual resident would have been aware of the ground tease, as it was presumably either referenced or attached to their lease. 3 Q� Fax sent W : 9497608430 BURNHAI9 USA 18-31-80 82:88P Ps: 3/4 Mayor Debbie Cook Members of the City Council City of Huntington Beach October 31,2008 Page 2 When the ground lease was originally negotiated,it set forth a specific length of lease term. In fact it was a term that would have expired over 10 years ago.However, before the property was developed, the mobile home park developer(predecessor to HOA)pleaded with the than land owner to extend the ground lease for a much longer term due to its banks financing requirements. The land owner reluctantly agraW to do so, but only in exchange for the land value being reappraised every live(5)years during that extended period to its"highest and best use". The appraisal process was designed to protect the land owner's interest. This was also later proven in Court proceedings. The matter of disagreement with the HOA has to do with the rent tease, which is fair and reasonable, as well as consistent with the underlying ground lease. The lease called for the adjustment to occur In 2007.which was to be based on the fair market value of the land at its "highest and best use" as of May 2007. The language was clearly defined and we can only speculate why the HOA asserts there was or is a different intent. Nonetheless, the ground lessee (HOA) has now gone through multiple law firms in less than two years defending an unfounded position, so it could defer the inevitable rent increase. In every instance, the Court has found in favor of the land owners position and both parties have been%Meded to wasted attorneys'fees. We believe the HOA has clearly received bad advice. Earlier this year the land owner was forced to have the Court determine the intent of the Clause in the ground lease having to do with the land valuation.The Court reeled that the ground lease language in question was in fact unambiguous and the rent for the property was to establish by an appraisal process which an parties agreed to be bound by in the Ground Lease Agreement. Accordingly, the parties each selected their own appraiser. Those two appraisers selected a mutually agreed upon third appraiser. All three appraisers conducted evaluations as to value. The process requires just 2 of the 3 appraisers to agree.All 3 appraisers unanimously agreed to a market value and thus the rent. As an aside, the HOA has set up a reserve account specifically for monies due the ground lessor in connection with the adjusted rent. We fait it would exhibit good faith on the part of the HOA to release the fund held in the reserve account, and stated that those funds would need to be paid toward back rent in advance of any further negotiations. Those monies have yet to be paid. Despite what you might otherwise hear from the HOA, based on the new market land valuation that was unanimously agreed upon by all 3 appraisers in August 2008, a new net ground rent was established that is to be paid to ground lessor. The new ground vent equals $154,000 per month which is to be divided among 130 residents (using simple math and dividing payment equally among the 130 individual resident spaces, this equals$1,186 per month per individual space). In connection with the appraisal process called for In the ground lease, the HOA hired its own appraiser,who issued a report in August 2007. In that report the HOA's own appraiser stated that a reasonable and well supported rental rate for the mobile home park would be$►1,600 per Fax sent W : 9497688430 BURPIIi O USA 18-31-88 82:88p PS: 4/4 Mayor Debbie Cook Members of the City Council City of Huntington Beach October 31,2008 Page 3 month. He also says that this rate is based on space rent only, with no submetered or pass- through utility or other ancillary services Included. The now total spece rent for each resident to be charged by the HOA would be$1,185 for ground rent, approxhmately $154 for taxes, plus operating expenses (Including Insurance)of approx➢niately$300 per month.Thus,the total maorithly space rent that the parks homeowners would pay to the HOA under ttte unanimous land valuation would be almost exactly the same as the nwnthly rent the HONs own expert stated was appropriate over a year agoll Finally, the land owner recognizes that there are many senors living in Huntington Harbour Mobile Estates and it has absolutely no interest in leaving anyone without a home. As a result. it has repeatedly offered to work together with the HOA on financing aid to help insure that no qualified, long-term tenant in good standing will otherwise be required to relocate due to their Inability to afford the increase in space rent(directly due to the increase in ground rent from the property s 2007 valuation).This,of course, assumed that the HOA was in good stancling under the ground lease and continued to abide by the terms of the underlying agreement. We are available for your questions and would be happy to schedule a meeting with you to discuss this issue. We hope that this better clarifies the issues for you. Sincerely Therese Hotvedt Manager THlif CC. Jennifer McGrath,City Attorney Fred Wilson,City Administrator Vickie Talley,Talley and Associates OUR STORY HHME, ter.; r3 Senior Mobile Home Park 1 IN LESS THAN 2 WEEKS OBTAINED OVER 29100 SIGNATURES FROM LOCAL RESIDENTS AND BUSINESSES SUPPORT US TO SAVE OUR HOMES! HHME IS A NON-PROFIT MUTUAL BENEFIT CORPORATION ® All costs are passed through to each resident equally, not allowed to make a profit Total rent is determined by: — Ground Lease paid to Burnham — All Maintenance and maintenance fees — Taxes and insurance — Maintain a Reserve Account required by law 2 WE ONLY WANT TOTAL COMPARABLE RENT TO OTHER MOBILE HOME PARKS IN HUNTIN TON BEACH SO ICE CAN KEEP OUR HOMES! Huntington Harbour Mobile Estates Current Space Rent ® 130 Spaces ® $1248 Rent + 2 (Rent, including all expenses and the HHME Corporate Stock Share) ® TOTAL CURRENT RENT $ 1570 3 Huntington Harbour Mobile Estates ® Current Rent ® New Rent • $1248 Rent + ° $1819 Rent + $322 $322 (Based on NEW appraisal of $30,800,000) 1 570 $2141 Rancho Del Rey Mobile Estates COMPARABLE ® Most comparable to us s Next Door - We share a common wall ® 379 Spaces *Total Current Rent 7 - 100 4 HHME SHOULD BE LOWER NOT ALMOST DOUBLE THE RENT OF RANCHO DEL REY •HHME Approximately - 2000 *Rancho Del Rey - $1020 *Average Mobile Rents $900 (All Huntington Beach Mobile Home Parks) TOTAL RENTS INCLUDING LAND LEASE,TAXES,OPERATING COST AND ALL FEES 2500 __........._ ___.......... ........_._..... __.__ ____. -- Appros Rent @$30.8M 2000 __._._.._._.—._.--- L525.75 2,00�__2 WW1500 ... 1,248 Current Rent W1000.._.—.____.____........__—_______._..._ _..__...__. Average Me Mobile Home Space Rent 510 82As Of 10/14/08-$909500 ... _......... ..... _._...._..... ____. .... -........_... _. Dec-06 Jun07 Dec07 Oct08 Future 5 Orange County Register Reports * ®C lowest rent increase in 6 years * Property values falling NOT A FAIR FI HT ! ® Retired Seniors with limited income just trying to survive and save their homes ® Against large investors with deep pockets and professional full time staffs WE NEE® YOUR HELP 6 VALUATION KEY ISSUES 1 . Lease "With the zoning classification existing or obtainable at that time" 2. No where in our lease does it say — "We have to return the property to the lessor in it bare land condition" as in the Sept. 19, 2008 Scare Letter SPIRIT AND INTENT OF LEASE Paragraph 13.3 ® STATES; The parties acknowledge that under the "R-2" classification, the Premises are much more valuable than under an W-H" classification, and that once the zoning change is made, the City will not allow landlord to rezone the premises "R-2" Reconciliation of Value "In this assignment, we (the appraisers) were instructed to estimate the `AS IS' market value of the fee simple estate interest in the land." * This assumes that residents or Burnham are responsible to return the park to bare land. * Burnham bought a mobile home park and not vacant land! * It has been zoned Mobile Home Park since 1972. 8 (As quoted by) Neet Appraisal 2007 of $12, 00,00 " Rate for hypothetical newly constructed mobile home park would be $1,600 per month = "based on space rental only, with no sub-metered or pass-through utility or other ancillary services included." "Recent sales for similar communities...found in the range of $12,000,000 to $45,000,000 ...based on average rental rates in the range of $400 to $1 ,150 per month." (As quoted from the appraisers) Walden-Marling Inc. 08/8/2007 ($30,800,000 appraisal) Extraordinary Assumptions #1 • "Our analysis specifically excludes the existing improvements, leases or other encumbrances between the land owner and the improvements owner." 9 (As quoted from the appraisers) Walden-Marling Inc. 08/8/2007 ($30,800,000 appraisal) Extraordinary Assumptions #2 s "The analysis assumes the site is vacant and available to be put to the highest and best use. Under the assumption of a vacant site any existing political or social encumbrances which may have been created by the existing improvements is assumed to be removed." HOW ABOUT EXISTING ZONING? EXTRAORDINARY 1 a: going beyond what is usual, regular, or customary <extraordinary powers> b: exceptional to a very marked extent <extraordinary beauty > Webster's dictionary 10 WHERE IS THE MORAL JUSTIFICATION • Seniors lose their homes without compensation • Veterans on disability • Widows and Widowers without family support • Average age 78 year old • Seniors on Fixed Incomes THEY ALL PLAYED BY THE RULES AND CONTRIBUTED TO OUR SOCIETY AND NOW FACE POSSIBLE EVICTION ECONOMIC EVICTION 11 WE ARE BEING PUSHED INTO ECONOMIC EVICTION SV UNJUSTIFIED RENT INCREASES The land has been zoned and valued as a mobile home park since 1972. The new appraisal was done as "Highest Use without Regard to Current Mobile Home Zoning" Which caused the inflated rent 12 SPACE + HOME MARKET PRICE • Before Burnham • After Burnham 2007 O Space + Home Average • Space + Home Average $50,000 $225,000 • Share Price $0 ® Share Price $29,000 Prior to Burnham there was a waiting list Continual litigation scared potential buyers from purchasing our homes! 09/08/2008 BURN HAM SCARE LETTER ® Retroactive Rent $1 ,493,000 ® They want $840,000 NOW $700,000 paid over 2 year @5% interest Loan would add $236 per month per space 13 $30,800,000 Ground Lease Appraisal Ground Lease payment $1,184.62 Taxes, maintenance, and all expenses $ 416.00 Burnham Loan Pmt. ($700,000 @5% - 2 yrs) $ 236.00 Reserve Contribution $ 46.97 TOTAL MONTHLY PAYMENT $1 ,6 3a59 (Assuming HHME pays $840,000 back rent) TOTAL PROPOSED RENT $1 ,6 3.59 Does not include Corporate Stock share payment $ 322.06 Does not include attorney fees ($200,000 in the last year) Total $ 2,205.65 14 09/19/2008 BURNHAM SCARE LETTER ® Retroactive payment of $1,493,000 due within 5 days consider this the demand letter HOA required to quit and surrender • Return property to the lessor in its bare land condition would still apply • This letter sent fear and stress throughout the community WE JUST WANT COMPARABLE RENTS ! 15 HUNTINGTON HARBOUR MOBILE ESTATES SENIOR PARK TIMELINE Mar 6, 1972 • Park construction and lease starts • Ground Lease payments are 6% of appraisal beginning in 2002 • Tenant maintains the senior park and pays all costs, including property taxes and insurance 16 May 19, 1999 • Residents formed non-profit corporation HHME and bought lease • Paid $ , 96,100 for the ground lease 2 , 70 per household • Or $ 2/monthly payments June 1 , 202 • First Appraisal was $ 9 0 5000 17 Nov 29, 2006 ° HHNIE learned land was for sale and offered $199000,000 to purchase land Dec 6, 2006 Land sold for $1 ,000, 00 to Burnham USA • Burnham's offers to sell land Mar 5, 2007 to HHIVIE for $40,000,000 Apr 10, 207 • Burnham offers ground lease payment of 160 per space, NOT including taxes and park operating expenses, in lieu of new appraisal due in two months, 6/07 18 Jun 2007 to Apr 2008 • Burnham legal suit to determine appraisal methodology • Litigation caused high legal fees - $200,000 in this 14 month period • Parks resale's are severely impacted Aug007 to Sep 2007 • Burnham files multiple 30 day notices to perform or quit (eviction) • Multiple inspections claim approximately 400 questionable violations • More HHME reporting accounting violations alleged 19 Jan 8, 200 • Burnham offers — Lease $1650 per month not including taxes or operating expenses • Burnham offers to sell to HHMIE for $3890 ,000 ® HHME Counter offer - Purchase $ ,000,000 • Burnham rejects counter offer Apr8, 2008 • Burnham files 2nd lawsuit wanting $ 55,000 in back rent • High legal costs continue • Continuing lawsuits effectively stops sale of homes. 20 Apr 15, 2003 • Trial on first lawsuit concludes • Sent back to appraisers to determine value of land Aug 31 , 2003 • Directed appraisal - $30,800,000 (rejected by HHME) • New total rent would be over $2,000 per month • Retroactive amounts of $1,500,000 back rent are claimed 21 CURRENT • HHME currently trying to negotiate settlement with Burnham ® Burnham on Sep 19, 2008 threatens to evict seniors and require land to be cleared to original state WHERE IS THE MORAL JUSTIFICATION • Seniors lose their homes without compensation • Veterans on disability • Widows and Widowers without family support • Average age 78 year old • Seniors on Fixed Incomes THEY ALL PLAYED BY THE RULES AND CONTRIBUTED TO OUR SOCIETY AND NOW FACE POSSIBLE EVICTION 22 PART 5 HIGHEST AND BEST USE A BARE LAN® AND WITHOUT MOBILE HOME PARK ZONING IN ORDER TO INCREASE RENTS TO SENIORS THROUGH ECONOMIC EVICTION 23 We have not gone through multiple law firms. We still have the same corporate attorney that represented us in the first lawsuit. We have hired an additional law firm to fight continuing litigation from Burnham, USA. BA® LEGAL ADVICE? There has been only one trial and in accordance with the judge's ruling, the parties thereafter entered into the appraisal process. 24 The disagreement is about rent and their demands are not "fair and reasonable". All we want is comparable total rent— not double our most comparable community next door. The percentage increase demanded by Burnham will increase our rent as compared to 2002 levels by: 2 0%01 Appraisers made�� "EXTRAORDINARY ASSUMPTIONS" To achieve the $30,800,000 25 (As quoted from) Neet Appraisal 2007 Of $12,300,000 " Rate for hypothetical newly constructed mobile home park would be $1 ,600 per month = "based on space rental only, with no sub-metered or pass-through utility or other ancillary services included." "Recent sales for similar communities...found in the range of $12,000,000 to $45,000,000 ... based on average rental rates in the range of $400 t® 1 ,160 per month." They say "NO qualified, long term tenant in good standing will otherwise be required to relocate due to... .the increase in space rent. . .caused by the increase in ground rent". None of our residents can afford double the fair market total rent of $2,000 26 They need to negotiate in Good Faith ! For the sake of seniors in our park that have lived this nightmare for 2 long years it must end now. We need comparable total rents to Save our Homes 27 RECEIVED FROM D q� _. . CORD R iL E f FORCO 3'° P110 (� CITY OF C1 FILE aff OLM OFFIC" JMN L FLYNN.,CITY CLERK MAN L.FLYNK CIT"�" CHAPTER 2. MOEILEHOME PARKS AND INSTALLATIONS Article 1. Administration and Enforcement § 1000.Application and Scope. (a) Except as otherwise provided in sections 18300, 18303, and 18304, Health and Safety Code,the provisions of this chapter shall apply to the construction, use, maintenance, and occupancy of mobilehome parks, mobilehome and special occupancy lots, permanent buildings, accessory buildings or structures, and building components wherever located, both within and outside of mobilehome parks, in all parts of the state.These provisions shall also apply to the use, maintenance, and occupancy of manufactured homes, mobilehomes, multi-unit manufactured homes and recreational vehicles,and the installations for supplying fuel gas,water,electricity, and the disposal of sewage from accessory buildings or structures, building components, recreational vehicles, manufactured homes, multi-unit manufactured homes and mobilehomes wherever located within mobilehome parks, in all parts of the state. (b) Provisions that apply only to Special Occupancy Parks, or separate designated special occupancy park sections within a park, are located in Title 25, California Code of Regulations, Division 1, chapter 2.2 of this division. (c),.Existing construction, connections,and,installations of units,=accessory,buildings:.and structures, building.components Plumbing,electrical,;fuel_ga&:.fire.protection, earthquake=resistant.braci, and permanent'buildings�made�before�the effective:dateiof�the-:requirements_ofuthis chapt6umaycontinue:in:u5. so'long.as,.theyvere in compliance-with.requirementsrin�effect-at the:date of�thelr�instatlationiand�are..not- found to--be.substandard: NOTE:Authority cited:Section 18300,Health and Safety Code.Reference:Sections 18303,18304,18552,18605,18610, 18612, 18613, 18620, 18630, 18640, 18670, 18690,and 18691, Health and Safety Code. § 1002. Definitions. In addition to the definitions contained in this section,which apply only to this chapter,the definitions contained in sections 18200-18700 of the Health and Safety Code and those definitions relating to building standards contained in Title 24, California Code of Regulations Parts 2, 3,4,and 5,are also applicable to -this.chapter. .(1)Accessory building or structure. Any awning,window awning,cabana, ramada, storage cabinet, storage building, private garage,carport,fence,stairway, ramp, or porch, or any other building or structure other than a patio, established for the use of the occupant of a unit. (2)Approved. Reviewed and/or inspected and deemed acceptable to the local enforcement agency. (3)Architect. A person licensed by the State of California,qualified to practice architecture in this state. For purposes of this chapter, an architect designing or approving plans shall have skill, knowledge, and expertise in that scope of practice. (4)Awning.An accessory structure, used for shade or weather protection, supported by one or more posts or columns and partially supported by a unit or other accessory structure installed, erected, or used on a lot. (5)Awning Enclosure.An enclosure designed for outdoor recreational purposes, not for habitation, constructed under an awning or freestanding awning,which may include a screen room, and either an accessory building or structure,or a building component. 7 111,3109 Mobilehome Parks and Installations Page 1. Updated January 2,2007 T:dlw 7C f6�nr4nv? RECEIVED FROM S AS PUBLIC RECORD NC CITY CLERK'OFFICE JOAN L.FLYNN,CITY CLERK a✓=ly _. _.-e cz==es=:r_= : . cz5-c .a Lan: a7 _ne SUc=es=-=rS a.a. ass .: =f __ a =::C all _n ._;,]s Zease t0 ":,aIIr_. - " and "ienan t" snail be deemed; t:) refer to and _... __de --ne su=cesscrs and ass-4 gns of Land- lord and Tenant, res=ect4-ve=1r, without spec: mention successors or ass ns. 14, 6 Subordination. Landlord shall under no circumstances be required under any provision of this Lease to subordinate his fee interest in the Premises, or any part thereof, to a lender in order to secure any loan obtained by Tenant with respect to the Premises. is. Quiet Sniovment. Landlord covenants that upon payment by `cn—1,%t :f th= rent herein reserved and upon nbRjj-rver,ce an performance by Tenant of all the covenants, conditions and agreements herein contained and on the part of Tenant to be observed and performed, and subject to matters of record or which could be ascertained by an inspection or by making inquiry of persons in possession or by a correct survey, Tenant shall peaceably hold and enjoy the Premises during the term hereof without hindrance or interruption by Land- lord or by anyone _awfully or equitably claiming by, throug.i or under Tandlord. 16. Surrender and Termination, 16.1 Termination of Lease. ,Upon she- termite; is-,Lease- from_any _cau5e-whatsoevex;"Tenant -w.ilh / 7 -sz.. //3/oo �, _,. and surrender, and will ;lace Landlord in the excl;s ive and peaceable possession of the Premises which, except to the extent ot:erarse expressly . rovided for in any other par.. of �.ls Lease, c rd t'h; s..,a_1- be _:�._a.^od order ana. reoai:, o.-. nzr} wear =nc ear the =o .. z e ' =rovided__ =now"ever �ni Tenant sha_1._no-_- .hen--be --in-default- - er� under this Lease; Tenant may, within thirty (30) days after such termination, remove any trade fixtures installed by Tenant during the term of this Lease, on condition that.Tenant shall at its own ex- pense repair promptly all damage caused by such removal. As used herein, the expression "trade fixtures" shall not include any buildings or permanent improvements constructed by Tenant on the Premises, nor any pipes, lines, poles or connections for utility service. 16.2 Termination of Rights and Oblictations. Except as otherwise expressly provided for in any other Sec- tion of this Lease, as of and after the date of to ,i nation of this Lease from any. cause whatsoever the rights and obli- gations of the parties to each other, and of Tenant in and to or with respect to the Premises shall terminate; provided, however, Tenant shall fully perform any obligation under this Lease relating to an event occurring or circumstances existing prior to the date of such termination, including, but without limitation, the payment of any taxes, assess- ments, or charges which Tenant is obligated to pay under Section 6 hereof and which may be a lien upon the Pre- mises at the date of such termination. -5 3- 4 'Olt GARY L. VOGT & ASSOCIATES REAL ESTATE APPRAISERS AND CONSULTANTS 33191 PASEO BLANCO SAN JUAN CAPISTRANO,CA 92675 (949)489-8029 GARY L.VOGT,MAI (949)489.8028 MEMBER,APPRAISAL INSTITUTE givogt@cox.net CERTIFIED GENERAL NO.AGO07272 January 23, 2008 Robert S. Coldren, Esq. Hart, King & Coldren 200 Sandpointe, Fourth Floor Santa Ana, CA 92707 RE: Land Underlying Huntington Harbour Mobile Estates NEC Heil Avenue & Saybrook Lane, Huntington Beach Dear Mr. Coldren: In response to your request, I have estimated the market value of the fee simple interest in the land underlying Huntington Harbour Mobile Estates. It is my understanding that the function of this appraisal is to assist in the revaluation of the land under the terms of a 55-year ground lease entered into in 1971. The effective date of value of this appraisal is May 1, 2007. As a result of my investigation and analysis, I have concluded that the market value of the fee simple interest in the appraised land was $33,500,000 as of May 1, 2007. THIRTY-THREE MILLIKON h,vv FIVE HUNDRED THOUSAND DOLLARS $33'5001000 In accordance with Clause 5.4.2 of the ground lease, the land is valued at "highest and best use exclusive of buildings and improvements thereon, in fee simple, clear of all mortgages, liens_or other encumbrances, including the ground lease, and consistdnt with the_zoning classification existing or obtainable at that time;. Accordingly, it should be understood that the existing mobile -_- _. home park improvements have not been inspected or valued and no consideration is given in this appraisal to any time delays, legal or physical costs, or land use entitlement issues associated with closing the mobile home park and removing and/or relocating the existing tenants and improvements. Your attention is invited to the accompanying appraisal report which sets forth certain descriptions, exhibits, market data, calculations, analyses, assumptions and limiting conditions from which, in part, the value conclusion was derived. In particular, your attention is directed to the Special Assumptions and Limiting Conditions set out on page four of the appraisal report. Respectfully Submitted: i Gary L. Vogt, MAI L" Certified General Appraiser CA No.AG007272 SPECIAL ASSUMPTIONS AND-LIMITING`C®NDITIU.N$/ I;�addition to the standard assumptions and limiting conditions set out on the prior two pages,this appraisal is made subject to the following Special Assumptions and Limiting Conditions: 1. That, in accordance with Clause 5.4.2 of the Ground Lease dated July 1971, originally between—Wilson W. & Arthur D. Phelps, Landlord, and David L. & Angelita B. Ghent, Tenant-theiand,is valued at"highest:and-best use exclusive ofibuildings and improvements 4hereon,.in fee_-simple,-clear_of-ail-mortgages; liens or--other..encumbrances,-_including.this- lease,and consistent-with-the zoning classificafion=existmg:_ot obtai�able.at thataime ._;__ 2. That the existing mobile home park improvements have not been inspected or valued and no consideration is given in this appraisal to any time delays, legal or physical costs, or land use entitlement issues associated with closing the mobile home park and removing and/or relocating the existing park tenants and improvements. The foregoing comments are intended as illustrative of the methodology used in this appraisal. The methodology, as set out in paragraph 1 above, has been conducted in strict accordance with the definitions and requirements set forth in the ground lease.Said ground lease provides specific criteria and definitions. However, because this appraiser has been instructed by the fee owner to consider the possibility that the ground lessee has a different view of how the appraisal process should be completed, additional work has been undertaken. Specifically, at the request of the appraiser, documentation concerning the mobile home park and uses of the park have been undertaken and studied by Robert McFarland as set forth in his Market Opportunity Evaluation dated September 2007 performed by Market Watch, LLC. In conjunction with that additional research, a consultation report by James Netzer, MAI, and Netzer &Associates dated October 2007 was also performed and provided to this appraiser.The additional research and background provided by the two foregoing reports are included in the Addenda of this report. I have also had an opportunity to review an appraisal report dated November 2006 prepared by the fee owner's lender, Bank of America. The materials and methodology in those reports have been reviewed by this appraiser. They also set forth potential factual criteria for appraisal if the ground lease definitions and criteria are waived or altered by the parties or by judicial order. Therefore, the highest and best use stated in this Appraisal and the valuation methodology employed to reach a value conclusion may be subject to change. GARY L. VOGT&ASSOCIATES Page 4 Real Estate Appraisers&Consultants r � GENERAL INFORMATION INTRODUCTION, FUNCTION, AND PURPOSE OF APPRAISAL: The appraised property consists of±15 acres of land located at the northeast corner of Heil Avenue and Saybr000k Lane in Huntington Beach, California. Pursuant to a 55-year ground lease entered into in July of 1971, the land is currently improved with a 130-space mobile home park known as Huntington Harbour Mobile Estates. The function of the appraisal is to assist the parties to the ground lease in arriving at an adjusted land rental for the 5-year period commencing May 1, 2007. In accordance with Clause 5.4.2 of the ground lease, the purpose of the appraisal is to estimate the market value of the land "at highest and best use exclusive of buildings and improvements thereon, in fee simple, clear of all mortgages, liens or other encumbrances, including the ground lease, and consistent with the zoning classification existing or obtainable at that time'. DATE OF VALUE: The effective date of value of this appraisal is May 1, 2007. DEFINITION OF VALUE: The term "Market value" as used in this report is defined as : "the most probable price which a property will bring in a competitive and open market under all conditions requisite to a fair sale, with the buyer and seller each acting prudently, knowledgeably, and for self-interest, and assuming that neither is under undue duress." Implicit in this definition is consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: • buyer and seller are typically motivated • both parties are well informed and each acting in his own best interest • the property is exposed for a reasonable time in the open market • payment is made in terms of cash in U.S. Dollars or in terms of financial arrangements comparable thereto; and • the price represents the normal consideration for the property sold unaffected by special financing or sales concessions granted by anyone associated with the sale. j The Dictionary of Real Estate Appraisal,Appraisal Institute, Fourth Edition GARY L. VOGT&ASSOCIATES Page 5 Real Estate Appraisers&Consultants / s 11AA, AWALDEN-INAARLING, INC. r�3'�'i AN�I,e ...s-',I CL.0 � �...c .� �S� (�l EVA,'F'.^,"R� �E.''.cH August 8, 2008 Therese Hotvedt Huntington Mobile Home Investments,LLC 1100 Nexvport Center Drive Suite 150 Newport Beach,CA 92660 And Cynthia Goebel Vice President HHIVIE Homeowners Association 18400 Saybrook Lane Huntington Beach, CA 92649 Subject: Appraisal of: Huntington Harbour mobile Estates Land 16000 Saybrook Lane Huntington Beach California 92649 Dear Clients: In accordance with your request and authorization, we have prepared a summary appraisal report estimating the market value of the fee simple interest in the above-referenced real property. Our analysis is inclusive of only the land. The appraisal will be used by The Clients for establishing the land value and subsequent rent for the land. The analysis was conducted subject to the inteipretations presented inn the judgment related to the subject issued by the Superior Court of the State of California issued Rlay 12,2008. The subject property is a land parcel located at the north east corner of Saybrook Lane and Heil Avenue in Huntington Beach, CA. Per Assessor Counts records the site is a 15.005 acres, or 653,618 square feet. The site is improved with a 130 space mobile home park. The, improvements are not part of our valuation. The site is treated as free and clear of all existing improvements and any encumbrances created through the ground lease. Throughout our analysis, we h2ve retied on infornnaLion provided by representatives of the property- owner or public records, which is assumed to be accurate. Should it subsequently be discovered that any of this information is incorrect, we reserve the right to amend the value conclusion rendered herein. 1 3C 'I i?G`�✓L "f FILL"( n l i f{ Gv Q ;L rti'f t S LA C! i, C,r, 'L66C� WWW.WALDEN-MARLING.COM Therese Hotvedt Huntington Mobile Home investments, I.LC HC Cynthia Goebel HHME Homeowners association August 8, 0008 Page 2 Our analyses, opinions and conclusions were developed, and this report has been prepared, in conformity- the Uniform Standards of Professional _appraisal Practice (USP AP) of the Appraisal Foundation and the requirements of the Code of Professional Ethics and Standards of Professional appraisal Practice of the Appraisal Institute. By virtue of our inspection, investigation and analyses, it is our opinion that the market value of the fee simple interest in the subject property (land only) as described herein, as of i1lav 1, 2007, is: THIRTY MILLION EIGHT HUNDRED THOUSAND DOLLARS $30,800,000 Eztraordthary Ass%tinptiaras:, 1. Our analysis specifically excludes the existing improvements, leases or other encumbrances between the land owner and the u iprovements owner. 2. The analysis assumes the site is vacant and available to be put to the highest and best ' use. Under the assumption of a vacant site any existing political or social encumbrances ' ! _which-tnav have been created by the existing improvements is assumed to be removed. r, Further, this value estimate is based on the assumptions, limiting conditions, and certification in the report. The report in its entirety, including all assumptions and limiting conditions, is an integral part of, and inseparable from, this letter. It has been a pleasure to assist you on this assignment. If you have any questions concerning the analysis, or if-,;-e can be of further service,please do not hesitate to contact us. Respectfully submitted, WALDEN-MARLING, INC. Keith_k.Strobl,_WU Principal Certified General Real Estate_appraiser State of CA No.AG014220 Expiration Date:October 4,2009 Jo ® NEET, APPRAISAL&CONSULTING SERVICES FOR MANUFACTURED HOUSING COMM Tl�-14t+y,1 , ARKS August 16,2007 ;+ OCT Mr.Gordy Hein,President 3 "` HI-IME Homeowners Association Huntington Harbour Mobile Estates '--o 16400 Saybrook Lane Huntington Beach,CA 92649 Re: Huntington Harbour Mobile Home Park, 16000 Saybrook Lane, Huntington Beach, CA Dear Mr.Hein: As requested and authorized, I have inspected and appraised the captioned property for the purposes of formulating and expressing my opinion of the hypothetical market value of the site underlying the subject property based-on the directions contained in Section 5.4.2 of the ground lease agreement dated July 19, 1971 referenced herein. The interests appraised are those of the fee simple estate. As a result of my investigation and analysis, it is my conclusion that the market value of the land underlying the subject property, as of August 2, 2007 (the date of last inspection), based on mobile home park usage as the legally permissible use and subject to the assumptions, certification,and limiting conditions stated herein, is TWELVE MILLION THREE HUNDRED THOUSAND DOLLARS $12,300,000 The valuation is based on mobile home park usage to a development of 130 units as permitted under the current zoning ordinance and general plan designation. This designation is very restrictive, and represents a strict interpretation of Section 5.4.2 of the ground lease, which states in part that the value is to be established "consistent with the zoning classification existing or obtainable at that time for the Premises." This valuation premise is based on the narrow interpretation of that statement, since according to the current zoning designation, the only use that would be permitted without obtaining either a conditional use permit, zone change, or general plan amendment would be a mobile home park. A further complication of any valuation based upon a changing of the projected land use from the current zoning is the influence of a California case known as Humphries Investments, Inc., et al., v. Lucille I Walsh (202 Cal. App. 3d 766), hereinafter referred to as "Humphries", which addressed this particular issue. In general terms, this case involved a ground lease agreement under the terms of which the periodic adjustment was based upon the highest and best use as if vacant, but the sole use permitted under the terms of the ground lease was mobile home park 26845.JEFFERSON AVENUE,SUITE A P.O.Box 1379 MURRIETA,CA 92562 LAKE ELSINORE,CA 92531 (951)461-7755 FAx(951)356-3558 john.neet@johnneet_com THE SITE RESIDUAL APPROACH Introduction This approach involves the estimate of the market value of the subject property, developed to its highest and best use, as though complete and operating at stabilized levels of occupancy. From this base figure, cost of construction and achieving stabilized occupancy levels are deducted as well as an allowance for entrepreneurial profit requirement. The residual amount represents an estimate of the market value of the site. Estimate of Market Value As If Completed and Stabilized This estimate is made based on a limited scope analysis, based on recent sales of parks with similar or comparable levels of rents (based on economic rents for the proposed development) in high cost urban areas. A comprehensive Income Approach and Sales Comparison Approach has not been completed, but the data and analysis considered is sufficient for the purpose of this assignment. A survey of other mobile home parks in the immediate neighborhood and in other coastal influenced areas of Orange County has indicated that there are market rental transactions occurring in the range of approximately$1,000 to approximately $1,900 for non-waterfront sites. Waterfront sites extend to beyond $3,000 in some recent transactions. As the subject has a good, beach oriented location but is somewhat removed from the actual water amenity, a reasonable and well supported rental rate for the.hypothetical newly constructed mobile home park would be $1 600 pec month.-"This rate is based on-space rental only,:with no subinetered_or pass through" _ - _. - _ utility or other ancillary services included: There have been a number of recent sales of mobile home parks located in urban, high rental rate areas in this state that provide a value indication for the subject, as if constructed in the manner proposed for this hypothetical analysis. Recent.sales-prices.for_similarly_located manufactured Housing communities have been found in the range of`$-12;000,000 ao_$45,000,0007 and reflect sales prices in the range of $55,000 to $143,000 per unit; based.on_average rental rates_in the range of$400 to $l,_150.Der.month..iRental _,- multipliers reported in these transactions have been in the range of 125 to 175 times monthly rent, with the higher multipliers reported for properties with submarket rents. As a result, the appropriate multiplier for the subject would fall to the lower portion of the range. 16 Huntington Harbour Mobile Estates 16400 Saybrook Lane, Huntington Beach, CA 92649 714-846-1010 Fax 714-377-9690 A Senior Community00 RECEIVE® FROM AS PUBLIC RECOR &FORCk MEETING OF tt55 r November 3,2008 CITY CLERKIOFF16t JOAN L,FLYNN,CITY CLERK HELP US SAVE OUR HOMES 1 Don Hansen, Council Member City of Huntington Beach 2000 Main Street Huntington Beach, CA 92648 Dear Don, 9 0 All of us at Huntington Harbour Mobile Estates really appreciate everything you have done 6 for us. We know its an uphill battle,but having you on our side helps us all sleep more soundly at night. Huntington Harbour senior citizens are facing economic eviction by huge unjustified i increases in rent. We don't understand why this is happening when according to the I Orange County Register, "OC has seen the smallest rent increases in 6 years." It also ! states that rents have basically stalled in 2008 and housing values continue to fall. Yet, our new proposed total space rent is increasing from$1,248 to over$2,000,which doesn't I include the mortgage payments and property taxes and insurance on our mobile homes t which is higher than any other park in the City of Huntington Beach. This increase would I cause our rent to be almost twice that of the Rancho Del Rey Park immediately adjacent to HHME. Such an increase would cause most of our residents to lose their homes with no viable alternative in sight. Our landlord Burnham's two overlapping lawsuits have made it next to impossible to sell our homes. We are all senior citizens,many are veterans, who saved and invested in their homes, expecting to retire and spend their golden years here in Huntington Beach. Now we find ourselves in danger of losing everything! The recent August 30 appraisal of our park at$30,800,000 is based on the May 2007 market. The appraisal at the insistence of our new(two years) landlord was made at the "highest and best use obtainable"rather than as a mobile home park. Our park has been zoned and used as a mobile home park since its inception in 1972. For the past.36 years the rents have been based on a land appraisal as a"Mobile Home"zoned property. 1 / t D i i Since the purchase of the park two years ago by a Major Developer/Investor with deep pockets we have been besieged by two law suits and a dozen"30 day"notices_Our landlord hires the best lawyers and has full time professional staff working against senior ► citizens with limited incomes just trying to survive. It is not a fair fight! Comparable fair market rent should determine what the total rent should be. We ask that our total rent including taxes,maintenance and all fees be comparable with surrounding parks. Our neighboring park is Rancho Del Rey. We share a common wall with that i community and their rent is$1.020. This park is gated and has more amenities. Their rent should be higher than ours. 1 Our adjacent Huntington Beach neighbors want us to remain as a senior mobile home park. 1 We create no crime,traffic and are good neighbors. Approximately 1,500 of our neighbors 1 and friends(growing daily)have signed our petitions. 1 We want to work together with our new landlord(Burnham, USA)to continue to live in 1 our beautiful park and to keep our homes. B 1 Sincerely, 1 1 Homeowners of Huntington Harbour Mobile Estates 1 1 1 1 1 1 1 1 1 1 / 1 1 1 2 / KEEP SENIORS FROM LOSING THEIR HOMES! Senior citizens, living on fixed incomes, in Huntington Harbour Mobile Estates, purchased their mobile Homes so they could spend their retirement years in peace, dignity and harmony. Now, they are being threatened with displacement from their homes_ The current total space rent is $1,570. The proposed new monthly rent will be increased to $2,140,which does not include their mortgage payment or utilities. Tell the City and State enough is enough! Stop outrageous rent increases and retain the Huntington Beach Mobile Home Conversion Ordinance as written_ Keep Huntington Beach Seniors in their homes! We the undersigned, ask the City and State to protect Mobile Horne Seniors. NAME ADDRESS SIGNATURE PETITION SIGNATURES ON FILE IN THE OFFICE OF THE CITY CLERK OF THE CITY OF HUNTINGTON BEACH - RECEIVED 11-03-08