The purpose of this chapter is to mitigate the adverse effects on displaced low income, elderly, and disabled persons caused by the withdrawal of residential hotel units from rent or lease in the central city by:
A. Regulating the withdrawal, demolition, and conversion of those residential hotels listed in section 18.20.040;
B. Providing relocation assistance to tenants, in the event of withdrawal, conversion, or demolition;
C. Providing replacement housing when the residential hotels listed in section 18.20.040 are withdrawn, converted, or demolished. (Ord. 2016-0043 § 2; Ord. 2006-056 § 1)