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09T-13-99 02:05 PM AREA.MECHANIAL.INC. 612 "151 8676 P.05 lU;1~/1999 13:44 b:l-~J:;HI0&fj MN Ai;;CR.N F'Af:;E eJil 2 If I residem clMOt relocate the manufactured home within . twCftt)'-flve (25) mile fbdius of the park which I. bein. elolOd or 10... other..... upan diltlnce. and the resident elect. not to tender title to the manufactlJted home, the resident is entitled to relocation COlt! based upon an aver.,e orreJoQation COl18 .warded to other reaidcm'l in the park 3 A c.tispJa.ced resident compen....ed under this section IbaJ1 retain utIe to the manufac:'tured nome and .hall he r.ponaible f'or ita prompt removal 6-om the manuf'a.ctured home park. 4 The pwk owner .haD make the paymentl under thi!!! _ion directly to the penon prdbnnina the reJucalion qrvi"~ after perfonnance thereof', or, upon BUbmillllion or written evidence of payment ofrelocation CUItI by. displaced rement. shaD reimbur. thl displaced rGlidenl Cor suc.h oo,t.. S The dilptllCed resident mull IUbmit a contr8d or ott. verified coli estimate 101 rclocaJjnw t.he manuFacrured home to the park. owner u a condhiorl to die: park owner'slilbUlty to PI) relocation ~penso.. !ilCTION irYYY.1.2 PA \"MEn or d'DITIOIUL COMPItNSATlQ! [( a residem either cannot or chooses not to rdOClte the manufictu.red home wiwn I 2!-mile radiul or me park tlla, Is beIns cloaed or some Otber lifted upon dlftance and teftdera title to the rnll'lUlacNfed home, 'he Nlident II emitJecI to additional e6mpenl&tion to be paid by the P'JrM&ter ohbc park in <<d. to mitipte the advene 1-".., hnpact oftM put clolliftj. In IUth instance, the additional oomp..lldon IhaU be IlllITIOUnt equal to lhe estimated nwklt value or the ,. aIMtIOd value cllhe manufaGtured 110m, wbicht'Yll' i. ..ter, U deeerm1nld by In Lndependent appraiaer er:perienced in mobile home appraial approved by che City AdJDiniltrator The pufchuer IJW1 PlY the 0011 of'the IppC'&isal or abaIt roimbwle me City fbr any advances it makel to Nch apprall<< for lUeIt con. no pur~ IhIII pay suoh compenaatlon into an eJc:row Il.eOWU, ettabUahed by the park owner. Cor diltn'burioft up:m tranIfer of Ii de to dw home. Such oompen.don IhaJI be paid to rhe displaced own,,. 110 I~er than the rdnety (90) dI)1 prior co the ~lier ofcloq otthe part or its cOIM:nhm EO another WIC. "I~'N yyyy '4 ..nRNJ OI.~A11()N t'Oln TO UJfDU 1. After lerlice or tho dosurc statement by the park owner and upon subrniltaJ by the displac.ed renter or. contract or other ~rion or relocation expemeI, the park owner shall pay to ,tie displaced renter reuonablc COltl ofrolOCitiq RcaaorYble relocation QQ.'" ahaU include; A. The IdUII expenses incurred in ,"ovilla the displaced ren1er'. pGCsorw property. B. 1'he cost of u.urance for the rep~emcnt value of thl property beiq moved. C. The clifferente betwc.n (New Lot kat - Closed Lot kenO for I period of2 years. it Uae MW lot rem i. groater thaa the old lot rent.