April 6, 2018 -- The Santa Monica Rent Control Board on Thursday is poised to back a ballot measure that would roll back rent-controlled rates to the amount initially paid by the tenants under full vacancy decontrol.

The proposed charter amendment -- which the Board would ask the City Council to place on the November ballot -- would reset some rents at rates established almost two decades ago, according to the staff report.

The proposed measure also should give the Board "clear authority to authorize surcharges, under appropriate and limited circumstances," according to staff.

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