The landlord shall be entitled to a rent surcharge
or tax surcharge for any increase in property taxes of more than 20%
over a twelve-month period. The landlord must present proof of the
tax increase within a twelve-month period to the Board in which case
if approved, the landlord or mobile home park shall pass on only the
increase amount greater than 20%. Any landlord seeking a surcharge
for property taxes shall serve the tenants with notice at least 30
days prior to the date in which said surcharge shall be reviewed by
the Board showing the calculations involved, including the property
tax for the mobile home park or apartment complex for the year immediately
preceding the year for which the tax surcharge is sought and the increase
in the present tax over the tax for the preceding year with the amount
above 20% to be passed on to the tenants divided by the total number
of apartment units or mobile home spaces subject to the tax surcharge.
The tax surcharge each tenant is liable for shall be paid in 12 monthly
installments commencing 30 days after the Board approves the pass
through. The surcharge shall not become part of the base rent of the
tenant.