AgdaPkt 2003-03-24 - Laserfiche WebLink

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IA 1T CITY OF REDWOOD CITY - DOWNTowN RETAIL - CINEMA PROJECT ON BROADWAY • Subject to certain limitations, reasonable and pre - authorized professional services, including archltects', attorneys', engineers' fees and consultants' charges, necessary for: (1) planning the move of the personal property; (2) moving the personal property; or, (3) installing the relocated personal property at the replacement location; • Subject to certain limitations, the purchase and installation of substitute personal property limited to the lesser of: (1) the estimated cost to move the item to the replacement location; or, (2) the replacement cost, less any proceeds from its sale; • Subject to certain limitations, modifying the machinery, equipment or other personal property to adapt it to the replacement location or to utilities available at the replacement location or modifying the power supply. • Actual direct losses of tangible personal property resulting from moving, or discontinuing a business or non -profit organization, not -to- exceed the lesser of: (1) the fair market value of the property for continued use at its location prior to displacement; or, (2) an amount equal to the reasonable expenses that would have been required to relocate the property, as determined by the City, subject to certain limitations; • Actual and reasonable expenses incurred in searching for a replacement business location, not -to- exceed $1,000. • Actual and reasonable expenses necessary to reestablish a displaced small business at its new location, not -to- exceed $10,000. Examples of expenses that may be considered for reimbursement include advertising, redecoration and, certain increased costs of operation at the new location. PREPARED BY: PACIFIC RELOCATION CONSULTANTS (PRC) PAGE 10