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55A - RESO FOR RELOCATION LEGACY SQUARE PROJECT
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04/21/2020
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55A - RESO FOR RELOCATION LEGACY SQUARE PROJECT
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4/16/2020 2:52:29 PM
Creation date
4/16/2020 2:23:53 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
55A
Date
4/21/2020
Destruction Year
2025
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GENERAL RELOCATION QUESTIONS <br />1. How Will I Know I Am Eligible for Relocation Assistance? <br />Ordinarily, eligibility begins on the date the owner of the property receives the Displacing Agency's <br />initial written offer to purchase the property. Therefore, you should not move before that date or <br />receiving a notice of eligibility. If you do, you may not be eligible for relocation assistance. <br />2. How Will the Displacing Agency Know How Much Help I Need? <br />You will be contacted at an early date and personally interviewed by an agent of the Displacing <br />Agency. The interviewer will want to get information about your current operation, as well as <br />identify movable personal property and non -movable improvements, determine your needs and <br />preferences for a replacement location, estimate the time required to vacate the premises and <br />your need for advance payments. During the interview, you may want to discuss other issues <br />relative to your move. It is to your advantage to provide as much information as possible so that <br />the Displacing Agency, through its relocation agent, can assist you in moving with a minimum of <br />hardship. The information you give will be kept in confidence. <br />3. How Soon Will I Have to Move? <br />Every reasonable effort will be made to provide you with sufficient time to find a suitable <br />replacement location and reestablish your business. If possible, a mutually agreeable date for the <br />move will be worked out. Unless there is an urgent need for the property (e.g., your occupancy <br />would present a health or safety emergency), you will not be required to move without at least <br />90 days advance written notice. It is important, however, that you keep in close contact with the <br />Displacing Agency so that you are aware of the time schedule for carrying out the project and <br />the approximate date by which you will have to move. <br />4. I Own the Property. Will I Be Paid for It Before I Have to Move? <br />If you reach a voluntary agreement to sell your property to the Displacing Agency, you will not <br />be required to move before you receive the agreed purchase price. If the property is acquired <br />through an eminent domain proceeding, you cannot be required to move before the estimated <br />fair market value of the property has been deposited with the court. (You should be able to <br />withdraw this amount immediately, less any amounts necessary to pay off any mortgage or other <br />liens on the property and to resolve any special ownership problems. Withdrawal of your share <br />of the money will not affect your right to seek additional compensation for your property). <br />S. Will I Have to Pay Rent to the Displacing Agency Before I Move? <br />You may be required to pay a fair rent to the Displacing Agency for the period between the <br />acquisition of your property and the date that you move. Your rent and the terms of your tenancy <br />will be generally the same as in the prior arrangement. <br />6. How Will I Find a Replacement Location? <br />Your relocation agent will provide you with current and continuing information on available <br />replacement locations that meet your needs. You will also be provided with the names of local <br />real estate agents and brokers who can assist you in finding the type of replacement location you <br />55A-22 <br />
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