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1) Repairs or improvements to the replacement property as required by <br />Federal, State or local law, code or ordinance; <br />2) Modifications to the replacement property to accommodate the <br />business operation or make replacement structures suitable for <br />conducting business; <br />3) Construction and installation costs for exterior signing to advertise <br />the business; <br />4) Redecoration or replacement of soiled or worn surfaces at the <br />replacement site, such as paint paneling or carpeting; <br />5) Advertisement of replacement location; <br />6) Estimated increased costs of operation during the first two years at <br />the replacement site for such items as: <br />a. Lease or rental charges <br />b. Personal or real property taxes <br />c. Insurance premiums, and <br />d. Utility charges, excluding impact fees <br />7) Other items essential to the reestablishment of the business. <br />2. Self -Moves <br />If the displacee elects to take full responsibility for the move of the business, the Developer <br />will make a payment for the business's moving expenses in an amount not to exceed the <br />lower of two acceptable bids or estimates submitted to the Developer. At the Developer's <br />discretion, a payment for a low cost or uncomplicated move may be based on a single bid <br />or estimate. <br />3. A Fixed Payment in Lieu of a Payment for Actual Reasonable Moving and <br />Related Expenses <br />The option to claim a fixed payment enables both for -profit and non-profit businesses to <br />receive relocation assistance compensation without providing documentation of bids and <br />actual expenses. The payment amount available to any individual business is based on an <br />average of annual net earnings over a two-year period. For businesses which have not been <br />in operation for two years, income figures can be annualized. The method for establishing <br />income is through tax returns and/or certified financial statements. The payment to an <br />eligible business may not be less than $1,000, or more than $40,000 ($20,000 per State <br />Guidelines). <br />To qualify for this payment, it must be determined that, a displaced business: <br />National Community Renaissance <br />Legacy Square Project <br />Relocation Plan <br />55A-13 <br />