1112. ANNUAL GENERAL ADJUSTMENT ORDER FOR 1991
(1) In accordance with Section 11 of the Rent Stabilization and Eviction for
Good Cause Ordinance as amended by the Tenants Rights Amendments Act of 1982,
the Rent Stabilization Board hereby adjusts the 1990 Rent Ceilings (exclusive of
temporary increases in rent ceilings such as capital improvements) upward by four
percent or $17.00, whichever is greater, for all units covered by the Ordinance, setting
the rent ceilings for such units at a level of four percent or $17.00 (whichever is greater)
greater than the 1990 rent ceilings.
For purposes of calculating the new rent ceiling, the 1990 rent ceiling is defined as the
base rent ceiling established in Section 10 of the Ordinance plus any permanent
adjustment of the base rent ceiling granted by the Board. Regulations 1101(2), 1103(2),
1104(3), 1106(3), 1107(3), 1108(2), 1110(2), and 1111(2) permitted, but did not require,
that rent ceilings adjusted pursuant to the order be rounded to the nearest dollar
amount. For purposes of construing these prior annual general adjustments, whenever
the order permitted rounding, it shall be assumed that any fraction of a dollar of fifty
cents or more was rounded up and that any fraction of a dollar of forty-nine cents or
less was not rounded down. It is the intent of this paragraph to minimize confusion
about the exact amount of the rent ceiling established by this order and to incorporate
the computations used in certification proceedings into this order.
(2) Rent ceilings adjusted pursuant to this Order shall not be rounded to the
nearest dollar amount.