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(on) The City of Santa Ana finds that the protections provided in this Ordinance are more restrictive, or provide greater benefits, than those set forth in California Civil Code sections 1946.2 and 1947.12, in areas relating to annual rent increases, evictions, relocation assistance for displaced Tenants, protection against harassment, discrimination of Tenants and residential applicants. The Ordinance further provides other Tenant protections not subject to preemption or otherwise precluded by any other provision of law. (vv) Because of the numerous concerns noted herein related to the adverse impacts that result from a lack of affordable housing within the City of Santa Ana, the People of the City of Santa Ana determine that it is in the interest of its residents to preserve the public health, safety and general welfare to adopt this Ordinance. Accordingly, the People of Santa Ana seek to put into place, among other things, just cause for eviction, rent stabilization, and a process to resolve disputes between landlords and tenants and to ensure that landlords continue to receive a fair rate of return. SECTION 3 Definitions Unless further defined elsewhere in this Chapter, the following words or phrases as used in this Chapter shall have the meaning provided below when used in this Chapter whether plural or singular: (a) Annual General Adjustment. The Annual General Adjustment is the percentage by which the Rent for existing tenancies in Covered Rental Units may be increased each year, subject to the limitations of this Chapter. (b) Base Rent. The Base Rent is the reference point from which the lawful Rent shall be determined and adjusted in accordance with this Chapter. (1) Tenancies commencing on or before February 25, 2020. The Base Rent for tenancies that commenced on or before February 25, 2020, shall be the Rent in effect on February 25, 2020. (2) Tenancies commencing after February 25, 2020. The Base Rent for tenancies that commenced after February 25, 2020, shall be the initial rental rate charged upon initial occupancy, provided that amount is not a violation of this Chapter or any provision of state law. The term "initial rental rate" means only the amount of Rent actually paid by the Tenant for the initial tern of the tenancy. (c) Buyout Agreement. A written agreement where a Landlord pays a Tenant money or offers other consideration to voluntarily vacate a Rental Unit covered by this Chapter. The term "Buyout Agreement" includes an agreement to settle a pending unlawful detainer action if the 15