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75B - PH RELOCATION PLAN
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75B - PH RELOCATION PLAN
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Last modified
4/12/2018 6:50:56 PM
Creation date
4/12/2018 6:43:37 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75B
Date
4/17/2018
Destruction Year
2023
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The rent ranges identified in the table above are among the figures used to make benefit and <br />budget projections for this Plan. The variances in the rent range are a result of age, condition, <br />size, and locational factors. Rates are subject to change according to the market rates prevailing <br />at the time of displacement. Exhibit D provides a detailed list of available housing for rent and for <br />sale. <br />Availability and Cost of <br />Multiple Listing Service, accessed February 2018. <br />z. Commercial Space Availability <br />The availability of retail space in the City of Santa Ana was researched through commercial real <br />estate listing resources. Tables 7 and 8 below summarize the availability of various types of <br />commercial properties for lease and sale in the City of Santa Ana and surrounding areas. Exhibit <br />E provides a detailed list of available commercial space. <br />Table <br />of Available Commercial Space for Lease <br />Commercial o Santa Ana, Orange, Anaheim, N/A <br />Tustin <br />Land 15 Santa Ana, Orange, Anaheim, $0.18 - $0.62 SF/Mo <br />Tustin <br />Source: LoopNet, accessed February 2018 <br />Table 8: Summary of Available Commercial Space for Sale <br />Commercial o Santa Ana, Orange, Anaheim, N/A <br />Tustin <br />Land 15 Santa Ana, Orange, Anaheim, $275,000 - $9,500,000 <br />Tustin <br />Source: Multiple Listing Services, accessed February 2018; LoopNet, accessed February 2018 <br />3. Loss of Goodwill <br />Goodwill consists of the benefits that accrue to a business as a result of its location; reputation <br />for dependability, skill, or quality; and any other circumstances resulting in probable retention of <br />old, or acquisition of new, patronage. Claims for loss of goodwill are not compensable under the <br />statutory provisions related to relocation assistance. <br />11 <br />75B-21 <br />
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