AgdaPkt 2003-03-24 - Laserfiche WebLink

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5, A 2-4 F. Any license, permit or certification required by the displaced business, to the extent that the cost is (1) necessary to its reestablishment at the replacement location. G. Reasonable and preauthorized professional services, including architect's, attorney's, and engineer's fees, and consultant's 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. H. Re- lettering signs, printing replacement stationery made obsolete by the move and customer notifications. I. The reasonable cost incurred in attempting to sell an item that is not relocated. J. Actual direct loss of personal property. This payment provides compensation for property that is neither moved nor promptly replaced with a "substitute item" at the replacement location. Payment is limited to the lesser of: (1) the estimated cost of moving the property or (2) the fair market value of the property for its continued use at the old location, less any proceeds from its sale. To be eligible, you must make a good faith effort to sell the property, unless the City determines that such effort is not necessary. K. Purchase and installation of substitute personal property. Payment will be limited to the lesser of: (1) the estimated cost to mo ,_ the item to the - eplacement location, or (2) the actual cost of the substitute item delivered and installed at the replacement location, less any proceeds from its sale or its trade -in value. It is important to discuss your plans with the City before you proceed. L. Searching for a replacement location. This payment may not exceed $1,000.00 and may cover costs for: • Transportation expenses Time spent searching for a replacement location, based on a reasonable salary or earnings • Reasonable fees paid to real estate agents or brokers to find a replacement location (not fees related to the purchase of a site) Meals and lodging away from home The City representative will explain all eligible moving costs, as well as, those which are not eligible. You must be able to account for all costs that you incur; so keep all your receipts. The City will inform you of the documentation needed to support your claim. You may minimize the amount of documentation needed to support your claim, if you elect to "self -move" your property. Payment for self -move is based on the amount of an acceptable low bid or estimate obtained by the City. If you self -move, you may move your personal property using your own employees and equipment or a commercial mover. If you and the City cannot agree on an acceptable amount to cover the cost of the "self- move," you will have to submit full documentation in support of your claim. You may elect to pay your moving costs yourself and be repaid by the City or, if you prefer, you may have the City pay the mover. In either case, let the City know before you move. Select your mover with care. The City representative can help you select a reliable and reputable mover. When a payment for "actual direct loss of personal property" or "substitute personal property" is made for an item, the estimated cost of moving the item may be based on the lowest acceptable bid or estimate obtained by the City. If not sold or traded -in, the item must remain at the old location and ownership of the item must be transferred to the City before you may receive the payment. What are Reestablishment Expenses? As part of Payment For Actual Reasonable Moving And Related Expenses, a small business, farm or non - profit organization may be eligible to receive a payment of up to $10,000 for expenses actually incurred in relocating and reestablishing such operation at a replacement site. Business Informational Statement Page 3