(a) Commencing in calendar year 2017, on or after May 1st of each year the rent may be increased over the allowable rent as of May 1st of the prior year by one hundred percent (100%) of the percentage increase in the CPI last reported as of January 30th in the current year over the CPI last reported as of January 30th in the prior year. The percentage amount of said increase shall be rounded to the nearest one-quarter percent.
(b) Notice of Annual Allowable Annual Rent Increase.
(1) The allowable annual rent increase shall be annually calculated by the Board of Supervisors and posted by February 15th of each year in the County Building, on the County’s website, and posted on a notice board in each mobile home park by the park owner, and shall be mailed by County to each park owner and to the mobile home owner representative in each park.
(2) Notice in Mobile Home Parks. A copy of the County’s notice shall also be posted in a prominent place by each park owner in each mobile home park within three (3) work days after it is received by the park owner.
(c) In the event that the CPI decreases, no rent decrease shall be required pursuant to this section. In the event that the CPI decreases by more than two percent (2%) in any year, said decrease shall be subtracted from the following annual increase(s) allowable pursuant to this section.
(d) Increases authorized pursuant to this section may be implemented by the landlord at any future time, subject to the precondition that by January 30th of each year the park owner notify the mobile home owner of each increase allowed pursuant to this section which has not been implemented and notification that the banked 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.