Res82 RD-82-10 - Laserfiche WebLink

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amount equal to the average annual net earnings of his business, except that such payment shall not be less than two thousand five hundred dollars ($2,500), nor more than ten thousand dollars ($10,000). For purposes of this section, the dollar limitation specified in the pre- ceding sentence shall apply to a single business, regardless of whether it is carried on under one or more legal entities. 17.2 Requirements - Businesses. Payment shall not be made under this section unless the Agency determines that: 17.21 The business cannot be relocated without a substantial loss of its existing patronage, based on a consideration of all pertinent circumstances including such factors as the type of business conducted, the nature of the clientele, the relative importance to the displaced business of its present and proposed location, and the availability of a suitable relocation site; 17.22 The business is not part of a commercial enterprise having another establishment which is not beinq acquired for a project and which is engaged in the same or similar business. Whenever the sole remaining facility of a business which has been dis- placed from its principal location: 17.221 Has been in operation for less than two years; and, 17.222 Has had average annual gross receipts of less than $2,000 during the two taxable years prior to displace- ment of the major component of the business; or, 17.223 Has had average annual net earnings of less than $1,000 during the two taxable years prior to the dis- placement of the major component of the buskness, the re~ining facility will not be considered another "establishment" for purposes of this section.