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CC Resolution 12493RESOLUTION NO. 12493 BEING. A ' RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AUTHORIZING EXECUTION OF A TRI-PARTITE RENT STABILIZATION AGREEMENT WITH TIMBER COVE MOBILE HOMEMOWNER'S ASSOCIATION, TIMBER COVE JOINT VENTURE DBA TIMBER COVE MOBILEHOME COMMUNITY, AND THE CITY OF CAMPBELL. WHEREAS, the. City of Campbell since 1993 has provided Timber Cove Mobile Homeowner's Association members and parks owners, Timber Cover Joint Venture dba Timber Cove Mobilehome Community, with conciliation and mediation for proposed rent increases; and WHEREAS, the mobile homeowners, park management, and the City of Campbell have signed a five-year Tri-Partite Rent Stabilization Agreement every five years for the last 25 years; and WHEREAS, the current Tri-Partite Agreement expired January 31, 2019; and WHEREAS, the mobile_ homeowners and park managers desire to sign a new five-year agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Campbell, California, that the City does, enter into a new Tri-Partite Rent Stabilization Agreement with Timber Cove Mobile Homeowner's Association and Timber Cover Joint Venture. dba Timber Cove Mobile Home Community, and authorize execution of the attached agreement. PASSED AND ADOPTED this 20th day of August, 2019, by the following roll call vote: AYES: COUNCILMEMBERS: Resnikoff, Bybee, Gibbons, Landry, Waterman NOES: COUNCILMEMBERS: None ABSTAINED: COUNCILMEMBERS: None. ABSENT: COUNCILMEMBERS: None APPROVEDOJ�ZQM Richard M. at an, May ATTEST: Wendy od, City Clerk