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CCP 04-28-2009
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CCP 04-28-2009
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12/21/2018 10:50:12 PM
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4/24/2009 3:20:08 PM
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• Owner is entitled under applicable regulations due to displacement from the Subject <br />Property - <br />2.03 Relocation Costs_ The Settlement Amount includes reimbursement to Owner of <br />all of Owner's costs ("Relocation Costs") to relocate the Telecommunications Facility to the <br />Relocation Site, which are compensable under applicable regulations. Owner's Relocation Costs <br />which have been approved by the City as being reimbursable are identified in Exhibit D to this <br />Agreement ("Approved Relocation Costs"). Owner will be entitled to reimbursement of the <br />Approved Relocation Costs, subject to the maximum amounts specified in Exhibit D for the <br />various items, when incurred, as demonstrated by documentation acceptable to the City. <br />2.04. Partial Payment of Settlement Amount. Within fifteen (15) days following <br />execution of this Agreement by all signators, the City shall issue a check payable to Owner in the <br />0 amount of $128,681.25, which represents the compensation due Owner which can be identified <br />at the time of this Agreement. <br />2.05. Partial Payment of Relocation Costs. Within fifteen (15) days after Owner has <br />submitted to City evidence of payment of one or more Approved Relocation Costs, (with <br />documentation acceptable to City) City shall issue a check payable to Owner in an amount equal <br />to 75% of the Approved Relocation Cost submitted. Owner may submit such evidence of <br />payment to City on one or more occasions at any time after the effective date of this Agreement. <br />Owner shall advise City when it submits its evidence of payment of Owner's final Approved <br />Relocation Costs. <br />2.06- Final Payment of Settlement Agreement. Within fifteen (15) days following: <br />a) Payment by Owner of all amounts described in Section 2.09 hereof, <br />0 b) Vacation of the Subject Property by Owner, and <br />.19 <br />
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