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80A - LOAN AGMTS ROSS & DURANT
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80A - LOAN AGMTS ROSS & DURANT
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Last modified
1/3/2012 4:49:20 PM
Creation date
12/28/2005 11:47:29 AM
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City Clerk
Doc Type
Agenda Packet
Item #
80A
Date
1/3/2006
Destruction Year
2011
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<br />Relocation Plantor the OHDC 1501 North Ross Street Rehabilitation Project <br /> <br />2. Permanent Displacees <br /> <br />a. Residential Moving Expense Payments <br /> <br />All residential occupants to be relocated will be eligible to receive a payment <br />for moving expenses. Moving expense payments will be made based upon <br />the actual cost of a professional move or a fixed payment based on a room- <br />count schedule. <br /> <br />i. Actual Cost (Professional Move) <br /> <br />Displacees may elect to have a licensed professional mover perform <br />the move. The actual cost of the moving services, based on at least <br />two acceptable bids, will be compensated by the Developer in the <br />form of a direct payment to the moving company upon presentation of <br />an invoice. Transportation costs are limited to a distance of 50 miles <br />in either case. In addition to the actual move, costs associated with <br />utility re-connections (Le., gas, water, electricity, telephone, and cable, <br />if any), are eligible for reimbursement. <br /> <br />ii. Fixed Payment (based on Room Count Schedule) <br /> <br />An occupant may elect to receive a fixed payment for moving <br />expenses which is based on the number of rooms occupied in the <br />displacement dwelling. In this case, the person to be relocated takes <br />full responsibility for the move. The fixed payment includes all utility <br />connections as described in (a), above. <br /> <br />At a minimum, the fixed schedule payment for single occupancy <br />efficiency units, furnished with the tenants own personal property, is <br />$625 including all utility connections at the replacement location. The <br />current schedule for fixed moving payments is set forth in Table 7 <br />following: <br /> <br />Prepared by Overland, Pacific & Cutler, Inc. <br /> <br />Page 15 <br /> <br />80A-25 <br />
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