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m�o n u m e nt Fairview Bridge Replacement and Street Improvements: Relocation Plan <br />The rent ranges identified in the table above are among the figures used to make benefit <br />and budget projections for this Plan. The variances in the rent range are a result of age, <br />condition, size, and locational factors. Rates are subject to change according to the market <br />rates prevailing at the time of displacement. Exhibit C provides a detailed list of available <br />housing for rent and for sale. <br />Table 5: Availability and Cost of Single -Family Residences for Sale <br />Source: Multiple Listing Service, accessed January 25, 2022. <br />2. Summary <br />Considering the availability of replacement housing, adequate replacement resources exist <br />in the Project area for affected residential tenants and owner -occupants. <br />Although adequate replacement resources exist, based on surveyed results of rental and <br />purchase opportunities, and anticipated values of existing dwellings, occupants are <br />anticipated to have increases in monthly rents and/or higher purchase costs. These possible <br />increases, if any, would be met through the City's Relocation Assistance Program, including <br />Last Resort Housing (LRH) requirements. <br />C. Related Issues <br />1. Concurrent Residential Displacement <br />There are no known public projects anticipated in the Project area that will cause significant <br />displacements during the timeframe of anticipated Project displacements in spring/summer <br />of 2022. No residential displacee will be required to move without both adequate notice and <br />access to available, comparable, affordable, decent, safe and sanitary housing. <br />2. Temporary Relocation <br />The Project is not anticipated to cause temporary displacements. Affected occupants will <br />be permanently displaced. <br />City Council 10 j39 — 18 4/5/2022 <br />