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Res16 15550
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Res16 15550
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Last modified
2/14/2017 7:48:45 AM
Creation date
12/14/2016 3:28:12 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
12/12/2016
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<br /> <br />29 | Page <br />Docktown Plan <br />OAK #4823-0464-7229 v3 <br />4. Incentive Payments: <br />In addition to all other benefits for which they qualify, Tenants with a Sub-tenant <br />who agree to expedited relocations of their Dwellings and enter into an Agreement <br />to Relocate with the City within the timeframes provided below are eligible to <br />receive the following incentive payment: <br /> <br />Qualifying Event for Incentive Payment <br />Incentive Payment <br />Amount <br />Execution of Agreement to Relocate Within 60 Days After <br />Service of Relocation Notice $10,000 <br />Execution of Agreement to Relocate Within 60-90 Days <br />After Service of Relocation Notice $7,500 <br />Execution of Agreement to Relocate Within 90-120 Days <br />After Service of Relocation Notice $5,000 <br />Failure to Execute Agreement to Relocate within 120 Days <br />After Service of Relocation Notice Will Result in No <br />Incentive Payment $0 <br /> <br />Such inventive payment will be made for the benefit of all owners of the Dwelling. <br /> <br />Enhanced Benefits Only for Senior, Low-Income, <br />Veteran, and Disabled Tenants With a Sub-Tenant <br />Tenants with a Sub-tenant meeting the definition of Senior, Low-Income, Veteran or <br />Disabled as defined in this Docktown Plan are eligible for one additional type of <br />assistance, replacement berth rent. <br />5. Replacement Marina Berth Rent (Move to Another Marina): <br />The City would provide a payment based on the difference between the Tenant <br />with a Subtenant's actual replacement berth rent and their current berth rent at <br />Docktown. The total payment would equal to three (3) months of the differential. <br />This payment will only be available to Senior, Low-Income, Veteran, and Disabled <br />Tenants with a Subtenant who move their Dwelling to another marina.
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