If a landlord desires to offer for rent or lease a rental unit which was the subject of a notice of intent to withdraw pursuant to this chapter, the following regulations apply:
(A) If a rental unit that was removed from rental housing use pursuant to this chapter is offered for rent or lease during either:
(1) The five-year period after the notice of intent to withdraw the accommodations is filed with the city pursuant, whether or not the notice of intent is rescinded or the withdrawal of the accommodations is completed pursuant to the notice of intent; or
(2) The five-year period after the accommodations are withdrawn; then the accommodations shall be offered and rented or leased at the lawful rent in effect at the time any notice of intent to withdraw the accommodations was filed with the city, plus annual adjustments available under this chapter.
(B) Division (A) of this section shall prevail over any conflicting provision of law authorizing the landlord to establish the rental rate upon the initial hiring of the rental unit.
(Ord. 1447, passed 10-21-20; Am. Ord. 1501, passed 4-5-23)