My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
72-082
Clerk
>
Resolutions
>
CITY COUNCIL
>
1952 - 1999
>
1972
>
72-082
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/5/2015 1:23:20 PM
Creation date
6/26/2003 10:46:46 AM
Metadata
Fields
Template:
City Clerk
Doc Type
Resolution
Doc #
72-82
Date
8/7/1972
Document Relationships
70-090
(Amends)
Path:
\Resolutions\CITY COUNCIL\1952 - 1999\1970
74-022
(Amended By)
Path:
\Resolutions\CITY COUNCIL\1952 - 1999\1974
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
15
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
division, unless the publle entity is satisfied that the buslnc,ss <br />cannot be relocated without a substantial loss of patron- <br />age and is not a part of a eomnw~eial enterprise haw <br />ing at least one other establishn~ent not bein~ acquired, which <br />is engaged in the same or similar business. For purposes of this <br />subdivision, the term "average annual net earnings" mean's <br />mm-ball of any net earnings of the business, or farm operation, <br />before federal, state, and local income taxes, during the two <br />taxable years immediately preceding the taxable year iu which <br />such business or farm operatiou moves fronl the real property <br />being acquired, or during sueb other period as the public <br />tity determines to be more equitable for establishing such <br />earnings, and inelndes any compensation paid by tbe business <br />or farm operation to the owner, his spouse, or his dependents <br />during such two-year or such ~ther period. To be eligible for <br />the payment authorized by this subdivision, the business or <br />farm operation shall make available its state income tax rec. <br />ords. and its financial st~;tements and accounting records, for <br />audit for confidential use to determine the paymeut autbof <br />ized by this subdivision. In the ease of an outdoor advertising <br />display, tim paymeut shall be llmitrd ~o the amouut necessary <br />to physically move or replace such display. <br /> (d) Whenever the acquisition o~ rrm property used for a <br />business or farm operation causes the person conducting the <br />business or farnl operatiou' to move from other real property, <br />or to move bis personal property h'om other real property, <br />such person shall receive payments for.n~oving and related <br />expenses under subdivision (a) or (b) and relocation advisory <br />assmtanee under Section 7261 for mowng ~ro~u sueb other <br />property. <br /> Ssc. 4. Section 7263 of the Government Code is amended <br />to read: <br /> 7263. (a) In additkm Io the poyments required by See- <br />lion 7262. tbe public entity, as a parl of the cost of acquisi. <br />lion, shall make a paymen~ to the owner of real property <br />acqnired for publle use which is improved with a dwelling <br />actually owned and occupied by the owner for not less tban <br />180 days prior to the initiation of negotiation ~or the aequisi- <br />tim~ of such property~ <br /> (b) Such payment, no~ to exceed.fiftecn tbousaud dollars <br />($15,000), shall be based on the following factors: <br /> (1) The alnounl, if any, which, when odded to tbe aequisi- <br />ti{m payment, equals the rrasonable cost of n eoinparable re- <br />pl~lcement dwelling determined, in aecdrdanee with standards <br />establishc(l by tho public entity, to be a decent, safe and <br />sanitm'y dwrlling adequate Io acrontmodate the displaced <br />owlier, reasonably accessible to public sm'vices aud the dis- <br /> <br />,%, <br /> <br /> <br />
The URL can be used to link to this page
Your browser does not support the video tag.