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75C - PH - BRISTOL EIR FROM WARNER TO ST. ANDREW
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75C - PH - BRISTOL EIR FROM WARNER TO ST. ANDREW
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Last modified
4/8/2015 3:32:45 PM
Creation date
4/2/2015 4:21:45 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
75C
Date
4/7/2015
Destruction Year
2020
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(2) Loss of tangible personal property provides <br />payment to relocate for "actual direct" losses of <br />personal property that the owner elects not to <br />move. <br />(3) Expenses related to searching for a new business <br />site can be reimbursed up to $1,000.00 for actual <br />reasonable costs incurred. <br />(4) Payment "in lieu" of moving expense is available <br />to businesses which are expected to suffer a <br />substantial loss of existing patronage as a result <br />of the displacement, or if certain other require- <br />ments such as inability to find a suitable <br />relocation site are met. This payment is an amount <br />equal to the average annual net earnings for the <br />last two taxable years prior to relocation. Such <br />payment may not be less than $2,500.00 and not more <br />than $10,000.00. In lieu payments to non- profit <br />organizations are limited to $2,500.00. <br />75C -827 <br />
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