City of American Canyon Law Library
City of American Canyon Municipal Code.

15.04.130 Net operating income ("NOI").

In evaluating a space rent increase imposed by a park owner to maintain the park owner's NOI from a mobilehome park, "NOI" means the "gross income" (as defined in Section 15.04.140) of the mobilehome park less the "operating expenses" (as defined in Section 15.04.150) of the mobilehome park.