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55B - RESO BRISTOL ST PROJ PHASE 4
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55B - RESO BRISTOL ST PROJ PHASE 4
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Last modified
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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This would be the amount of your in -lieu payment. Remember - this <br />is in -lieu of all other moving benefits. You must provide the City <br />with proof of net earnings to support your claim. <br />Proof of net earnings can be documented by income tax returns, <br />certified financial statements, or other reasonable evidence of net <br />earnings acceptable to the City. <br />Note: The computation for nonprofit organizations differs in that <br />the payment is computed on the basis of average annual gross <br />revenues less administrative expenses for the two -year period <br />specified above. <br />Before You Move: <br />A. Complete a "Request for Determination of Entitlement" form <br />available from your Relocation Agent, and return it promptly. <br />B. Include a written statement of the reasons the business cannot <br />be relocated without a substantial loss in net earnings. <br />C. Provide certified copies of tax returns for the two tax years <br />immediately preceding the tax year in which you move. (If you <br />move anytime in the year 2015, regardless of when <br />negotiations began or the City took title to the property, the <br />taxable years would be 2013 and 2014). <br />D. You will be notified of the amount you are entitled to after the <br />application is received and approved. <br />M <br />55B -81 <br />
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