Friday, May 19, 1972
THE MICHIGAN DAILY
Page Nine
Friday, May 19, 1972 THE MICHIGAN DAILY Page Nine
New regulations set
Ifor apartment leases
WASHINGTON (A) -- Apartment tenants with leases
of no longer than one year will get lower rent or longer
leases under a new Price Commission rule announced yes-
terday.
In such cases landlords who would otherwise be al-
lowed to charge a rent increase of more than eight per
cent must give their tenants two choices:
--a one-year lease with an eight per cent increase;
-a lease of the same length as the expiring lease but
at whatever higher increase is allowed by the Price Com-
mission's rent guidelines.
The new rule is retroactive to last Dec. 29, when
present rent regulations replaced the freeze that had been
imposed the summer before.
. 'P~~~~~hi n n n n- n x n
DAILY.
OFFICIAL BULLETIN
The Daily Official Bulletin is an
officialmopblication of the Univer-
sity of Michigan. Notices should be
sent int TYFUWRIIT'TEN FORM to
409aa. Jefferson, before 2 p.m. of
t"h day precetintg pblication and
by 2 pet. Fritday for Saturday and
Sunday. Itemos appear once only.
Student organization notlices are
not accepted for publication. For
m~oeitnformeatio, phone 764-9270.
FRIDASY, M519 1
Intemrasosal Fl k Dance: Barbour
yns, 8-11 pem
We have the BEST
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SPORTS CAR SERVICE
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4705 Washtenaw
next Is Ypsi-Ann drive in)
434-01 10
T-W-F-8-6; M and Th 8-9
__
State to
count all
A statewide inventory of all
billboards along Michigan's sys-
tem of interstate and primary
highways will begin this week.
The inventory, expected to
take several months, will be the
basis for determining which
signs do not conform under the
most recent billboard law.
The law authorized the State
Highway Department to estab-
lish administrative rules and re-
gulations for implementation of
billboard control. The rules will
be announced on June 15. After
that date, a $3 permit will be
required to erect each new bill-
board.
State Highway Director Hen-
rik Stafseth estimated that 15,-
000 signs will be subject to re-
moval under the new law. Com-
pensation must be paid to own-
ers of billboards and owners of
land on which billboards are lo-
cated, for those signs which are
taken away.
This compensation makes up
about 75 per cent of the esti-
mated $15 million price tag for
removal of the billboards.
The federal government is ex-
pected to participate in removal
and compensation costs for most
of the signs.
$1.50
Fri.-Sat.-Sun.
MICHAEL
COONEY
and
PAT &
VICTORIA
GARVEY
1411 Hill STREET
a
T nis means any tenant who
has renewed a lease since then
may force his landlord to rene-
gotiate if the increase was more
than eight per cent, and if a
else-year lease replaced a longee
one,
Starting with July's rent such
tenants can get a rent reduc-
tion or a longer lease, but no
refunds for past rent that was
over eight per cent. Tenants
still on old two- or three-year
leases must also be given their
choice of terms.
Although commission rent
guidelines generally give land-
lords a flat 2.5 per cent yearly
increase, they also provide for
much larger increases when
old long-term leases come up
for renewal.
MR. PIZZA
Liberty at Division
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with any pizza order
ri., Sot., Sun. 769-8030 Free Deliver
Fr
ry
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