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any amendments or supplements, and oral testimony, shall constitute the <br />necessary findings for this ordinance. <br /> <br />T. The City Council finds, determines and declares that the threat to the public <br />health, safety and welfare of the City and its residents necessitates the <br />enactment of the ordinance. <br /> <br /> Section 2. The recitals and statements of fact set forth in the preamble to this <br />ordinance are true and correct, constitute a substantive part of this ordinance, and are <br />incorporated herein by this reference. <br /> <br />Section 3. Section 8-1998 of the Santa Ana Municipal Code is deleted in its <br />entirety. <br /> <br /> Section 4. Division 5 is hereby added to Article X (Property Maintenance) of <br />Chapter 8 (Buildings and Structures) of the Santa Ana Municipal Code to read as <br />follows: <br /> <br />Division 5. – RENT STABILIZATION <br /> <br />Section 8-1998.1 – Prohibited Increases. <br /> <br />(a) Increases in rent on residential real property or mobilehome spaces in the <br />City of Santa Ana in excess of three percent (3%), or eighty (80%) of the <br />change in the Consumer Price Index, whichever is less, and more than <br />one rent increase in any twelve (12) month period, are prohibited, unless <br />expressly exempt under the Costa-Hawkins Rental Housing Act codified in <br />California Civil Code section 1954.50, et seq., or the Mobilehome <br />Residency Law codified in California Civil Code sections 798, et seq. If <br />the change in the Consumer Price Index is negative, no rent increase is <br />permitted. The term Consumer Price Index means, at the time of the <br />adjustment calculation completed by the City pursuant to subsection (b), <br />the percentage increase in the United State Consumer Price Index fo r all <br />Urban Consumers in the Los Angeles-Long Beach-Anaheim Metropolitan <br />Area published by the Bureau of Labor Statistics, not seasonally adjusted, <br />for the most recent twelve (12) month period ending prior to the City’s <br />calculation pursuant to subsection (b). A violation of this section occurs <br />upon the service of notice or demand for a prohibited increase in rent. <br /> <br />(b) No later than June 30th each year, beginning with the year 2022, the City <br />shall announce the amount of allowable re nt increase based on <br />subsection (a) herein, which shall be effective as of September 1st of that <br />year. <br /> <br /> <br /> <br />EXHIBIT 2