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90 -Day Notice to Move <br />It is required by law that all persons displaced by government action <br />are given at least 90 days notice before they are required to move. <br />This 90 -Day Notice must be given in writing. In this way, you will be <br />informed well in advance of the date by which your move should <br />take place. <br />When the City Becomes Your Landlord <br />Our hopes are that by the time that the City completes the purchase <br />of the property you now occupy, or takes legal possession of the <br />property by the process of Eminent Domain, you will have found a <br />replacement property and will be prepared to move. If, for some <br />reason, this has not happened, the City will become your landlord <br />until you do relocate. Before you move, and if you are currently a <br />tenant, you will make your regularly scheduled rental payments to <br />the City instead of your current landlord. The City will charge you <br />the lessor of: <br />• The rent you were paying to your landlord on the date of the <br />initiation of negotiations to purchase the property, OR <br />• 30% of your gross average monthly income <br />If you are an owner /occupant, the City will charge you the lessor of: <br />• A rent based on a fair market rent for comparable dwelling in <br />your neighborhood, OR <br />• 30% of your gross average monthly income. <br />M1 <br />5513-116 <br />