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CAPITOLA ON RENT CONTROL – 08/12/11 09:00 S.S.

ALTHOUGH  CAPITOLA  CITY  COUNCIL  MEMBERS   VOTED    3-1  YESTERDAY  TO  REPEAL  THE  CITY’S  RENT  CONTROL  ORDINANCE IN  ITS  ENTIRETY,   THAT  DOESN’T  MEAN  IT’S  A  DONE  DEAL.        THEY  MUST  STILL  GO  THROUGH A  2ND READING AND  VOTE,   BEFORE  ANYTHING  IS  DECIDED  FOR  SURE.        THE  CITY  OF  CAPITOLA  HAS  SPENT  NEARLY  1-AND-A-HALF  MILLION  DOLLARS  (OVER  THE  PAST  10  YEARS)  DEFENDING  ITS  RENT  CONTROL  ORDINANCE  FROM  LEGAL  CHALLENGES.

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