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17 <br />G. RELOCATION TAX CONSEQUENCES <br /> <br />In general, relocation payments are not considered income for the purpose of Division 2 of the <br />Internal Revenue Code of 1954, which has been redesignated as the Internal Revenue Code of <br />1986 (Title 26, U. S. Code), or for the purpose of determining the eligibility or the extent of <br />eligibility of any person for assistance under the Social Security Act (42 U. S. Code 301 et seq.) <br />or the Personal Income Tax Law, Part 10 (commencing with Section 17001) of the Revenue and <br />Taxation Code, or the Bank and Corporation Tax Law, Part II (commencing with Section 23001) <br />of Division 2 of the Revenue and Taxation Code. The Developer or OPC does not intend the above <br />statement on tax consequences as tax advice. Tenants are responsible for consulting with their own <br />tax advisors concerning the tax consequences of relocation payments. <br />ATTY/RESO.0034/CC RESO APPROVING PROJECT (901 EL CAMINO REAL) - EXHIBIT C <br />REV: 04-22-25 VR <br /> <br />Page 109 of 224