55D - RESO - RELOCATION PLAN BRISTOL ST IMPROVEMENTS

Home Browse Search

BUSINESS MOVING EXPENSES • Transportation costs to move personal property up to 50 miles from the displacement site • Packing, crating, unpacking, and uncrating of the personal property • Disconnecting, dismantling, removing, reassembling, and reinstalling relocated machinery, equipment, other personal property, and certain substitute personal property. This includes modifications to the personal property necessary to adapt it to the replacement site, including connection charges imposed by public utilities for starting utility service. • Reasonable storage expenses as deemed necessary by the City for a period not to exceed twelve months. Storage expenses must be preapproved. • Insurance for the replacement value of personal property in connection with the move and necessary storage • Any license, permit, or certification required for the operation at the replacement site. However, the payment shall be based on the remaining useful life of the existing license(s), permit(s) or certification(s) of the business. • The replacement value of the property lost, stolen, or damaged in the moving process, where insurance did not cover the loss • Professional services necessary for planning the move, moving the personal property, or installation of relocated personal property at the replacement site. Professional services must be preapproved. • Re- lettering signs and replacing stationery on hand at the time of the displacement that is made obsolete as a result of the move • Actual direct loss of tangible personal property incurred as a result of moving. Payment will be based on the lesser of the items' fair market value less sale proceeds, or the cost to move the item within a 50 mile radius. • The reasonable cost incurred in attempting to sell an item that will not be relocated • Purchase of substitute personal property, when approved by the City • Searching cost for a replacement location not to exceed $1,000 REESTABLISHMENT EXPENSES Reestablishment expenses not to exceed $10,000 which shall include the following: • Repairs or improvements to the replacement real property as required by law, code or ordinance • Modifications to replacement property to accommodate the business operation or make the replacement structure suitable for conducting business • Construction and installation costs for exterior signage to advertise the business • Provision of utilities from the right of way to the improvements on the replacement site • Redecoration or replacement of soiled or worn surfaces at the replacement site • License and permit fees when not paid as part of moving expenses • Feasibility surveys, soil testing and marketing studies • Advertisement of replacement location • Professional services in connection with the purchase or lease of a replacement 55D -24