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14. A Reestablishment allowance of up to $1o,000, available to farms, non-profit <br />organizations, and small businesses with no more than Soo employees. Reestablishment <br />allowance payments are made in addition to compensation provided for actual, <br />reasonable, and necessary moving expenses. Reestablishment allowance expense <br />categories include but are not limited to: <br />a. Repairs or improvements to the replacement property as required by federal, state or <br />local law, code, or ordinance; <br />b. Modifications to the replacement property to accommodate the business operation <br />or make replacement structures suitable for conducting business; <br />c. Provision of utilities from right-of-way to improvements on the replacement site <br />d. Construction and installation costs for exterior signing to advertise the business; <br />e. Redecoration or replacement of soiled or worn surfaces at the replacement site, such <br />as paint paneling or carpeting; <br />f. Advertisement of replacement location; <br />g. Estimated increased costs of operation during the first two years at the replacement <br />site for such items as: <br />I. Lease or rental charges <br />ii. Personal or real property taxes <br />iii. Insurance premiums, and <br />iv. Utility charges, excluding impact fees <br />h. Other items essential to the reestablishment of the business. <br />z. Self -Moves <br />If the displaced business elects to take full responsibility for the move of the business, the City <br />would make a paymentforthe business's moving expenses in an amount not to exceed the lower <br />of the two acceptable bids or estimates submitted to the City. At the City's discretion, a payment <br />for a low cost or uncomplicated move may be based on a single bid or estimate. <br />3. A Fixed Payment in Lieu of a Payment for Actual Reasonable Moving and <br />Related Expenses <br />The option to claim a fixed payment enables for-profit and non-profit businesses to receive <br />relocation assistance compensation without providing documentation of bids and actual <br />expenses. The payment amount available to any individual business is based on an average of <br />annual net earnings over a two-year period. For businesses that have not been in operation for <br />two years, income figures can be annualized. The method for establishing income is through tax <br />returns and/or certified financial statements. The payment to an eligible business may not be less <br />than $t,000, or more than $20,000. <br />zi <br />75B-31 <br />