(A) Annual rent increases starting in 2009. Starting in 2009, on or after May 1 of each year, the rent may be increased over the allowable rent as of May 1 of the prior year adjusted by 100% of the percentage increase in the CPI last reported as of January 1 in the current year over the CPI last reported as of January 1 in the prior year. The percentage amount of said increase shall be rounded to nearest one-quarter of one percent. However, in 2009, the rent may not be increased over the rent in effect as of January 1, 2005, by a percentage that exceeds the percentage increase in the CPI from January 1, 2005 to the date of the notice of the increase.
(B) Notice of annual allowable rent increase.
(1) Notice by City Manager. The allowable annual rent increase shall be annually calculated by the City Manger and posted by January 10 of each year in City Hall and on the city's website, and mailed to each park owner and to the mobilehome owner representative in each park.
(2) Notice in mobilehome parks. A copy of the clerk's notice shall be posted in a prominent place in each mobilehome park within three work days after it is received by the park owner.
(C) No decrease if CPI decreases. In the event that the CPI decreases, no rent decrease shall be required pursuant to this section.
(D) Banking of allowable annual increases. Increases authorized pursuant to this section may be implemented by the landlord at any future time, subject to the precondition that the park owner notify the mobilehome owner of each authorization of a rent increase pursuant to this section and annually notify the mobilehome owner that the increase may be added to the rent at a future date.
(E) Compliance with state law. Rent increases permitted pursuant to this section shall not be effective and shall not be demanded, accepted, or retained until the landlord has given the notice required by state law.
(F) No increases upon in-place sales of mobilehomes. The maximum rent which may be charged pursuant to this chapter shall not be modified upon the sale, transfer, or rental of the mobilehome to a third party, or by the replacement of the mobilehome by the homeowner.
(Ord. 2008-015, passed 10-27-08)