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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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If you are a qualified owner occupant of more than 90 days prior to <br />the initiation of negotiations for the acquisition of your property, <br />you may be entitled to a RHP that consists of: <br />Purchase Price Differential, and. <br />Mortgage Differential, and <br />Incidental Expenses; <br />OR <br />Rental Assistance Payment <br />If you are a qualified tenant occupant of at least 90 days, you may be <br />entitled to a RHP as follows: <br />Rental Assistance Payment <br />OR <br />Down payment Option <br />Length of occupancy simply means counting the number of days that <br />you actually occupied a dwelling before the date of initiation of <br />negotiations by the City for the purchase of the property. The term <br />"initiation of negotiations" means the date The City makes the first <br />personal contact with the owner of real property, or his/ her <br />representative, to give him /her a written offer for the property to be <br />Note: If you have been in occupancy less than 90 days before the <br />initiation of negotiations and the property is subsequently acquired, <br />or if you move onto the property after the initiation of negotiations <br />and you are still in occupancy on the date of acquisition, you may or <br />E <br />55B -101 <br />
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