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55B - RESO BRISTOL ST PROJ PHASE 4
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05/03/2016
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55B - RESO BRISTOL ST PROJ PHASE 4
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5/3/2016 2:25:56 PM
Creation date
5/3/2016 2:20:49 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
55B
Date
5/3/2016
Destruction Year
2021
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B. Spend at least the amount of the City's "Comparable <br />Replacement Property" for a replacement property, <br />C. File a claim for relocation payments within 18 months of the <br />later: <br />1) The date you vacate the property acquired by the <br />City, OR <br />2) The date that The City has paid the acquisition cost of <br />your current dwelling (usually the close of escrow on <br />acquisition) <br />You will not be eligible to receive any relocation payments until <br />the City has actually made the first written offer to purchase the <br />property. Also, you will also receive at least 90 days' written <br />notice before you must move. <br />For Tenants of 90 Days or More <br />If you qualify as a 90 -day occupant, you may be eligible for a <br />Replacement Housing Payment in the form of a Rental Assistance <br />Payment (RAP). <br />The Rental Assistance Payment is designed to assist you in renting a <br />comparable decent, safe and sanitary replacement dwelling. The <br />payment is based on the difference between the base monthly Rent <br />for the property acquired by the City (including average monthly <br />cost for utilities) and the lesser of: <br />14 <br />55B -106 <br />
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