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1974-03 CRA
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1974-03 CRA
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Last modified
1/3/2012 12:23:45 PM
Creation date
3/8/2005 8:49:54 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1974-03
Date
2/25/1974
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<br />.' <br /> <br />, k. <br /> <br />Loss of trained employees; <br /> <br />~. <br /> <br />Personal injury; <br /> <br />') <br /> <br />m. Cost of preparing the application for movin~ and <br />rolated expenses; <br /> <br />n. Modification of personal property to adapt it to <br />replacement site. <br /> <br />.' <br /> <br />10.28 Nonprofit Orqanization. "Nonprofit Organization" means a <br />cor~oration, partnership, individual or other public or privat~ <br />entity, engaged in a business, professional or instructional <br />activity on a non-profit basis, necessitating fixtures, equipment, <br />stock in grade, or other tangible property for the carrying on of <br />the business, profession or institutional activity on the premises. <br /> <br />. <br /> <br />10.29 <br /> <br />~. <br /> <br />A person "owns a dwelling" if he: <br /> <br />ð. Holds fee title, a life estate, a 99-year lease, or a <br />lease with not less than 50 years to run from date of acquisition <br />of the property for the project. <br /> <br />b. Holds an interest in a cooperative housing project which <br />includes the rights of occupancy of a dwelling unit therein. <br /> <br />c. Is the contract purchaser of any of the foregoing estates <br />'Or interests. <br /> <br />" <br /> <br />d. <br /> <br />Has a leasehold interest with an option to purchase; or <br /> <br />; <br />/' <br /> <br />e. OWns a mobile unit which under State law is determined <br />to be real property, not personal property. <br /> <br />Also the tenure of ownership, not occupancy, of the-succeeding <br />owner shall include the tenùre of the preceeding owner. <br /> <br />10.30 Person. Person means any individual, partnership, corporation, <br />or association. <br /> <br />10.31 Personal Property. (Tangible Personal Property). Tangible <br />property which is situated on the real property vacated or to be <br />vacated by a displaced person and which is considered personal <br />~roperty and is noncompensable (other than for moving expenses) <br />under the State law of eminent domain, and <br /> <br />In the case of a tenant, fixtures and equipment, and other property <br />which may be characterized as real property under State or local <br />law, but which the tenant may lawfully, and at his election determines <br />to, move and for which the tenant is not compensated in the real <br />property acquisition. In the case of an owner of real property, the <br /> <br />. <br /> <br />II- 32 <br /> <br />3h <br />
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