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estimate or proposal from a qualified relocation contractor and require that the relocation services be performed by the lowest responsible bidder. The park owner shall pay the relocation costs actually incurred to relocate each displaced resident's manufactured home subject to the limitations stated in Subd. 3 of this Section. Subd. 2. If a displaced resident cannot relocate the manufactured home to another manufactured home park within a 25 mile radius of the manufactured home park that is being closed, such displaced resident shall have the option to elect to receive an amount equal to the average relocation costs paid to displaced residents who do relocate their manufactured homes within 25 miles. This option shall be exercised by giving written notice of such election to the park owner. Upon receipt of such notice, the park owner shall be required to pay the displaced resident an amount equal to the average relocation costs paid to displaced residents who do relocate their manufactured homes within 25 miles. A displaced resident compensated under this subdivision shall retain title to the manufactured home and shall be responsible for its prompt removal from the manufactured home park. Subd. 3. The total amount of relocation costs payable to a displaced resident under this Section shall not exceed $2,500.00 for a single section manufactured home and $4,000.00 for a double section manufactured home. These amounts shall be increased on January l of each year commencing January 1, 1992 based upon the change in the Consumer Price Index, Minneapolis -St. Paul, for all urban consumers ("CPI-U") as published by the Bureau of Labor Statistics of the U.S. Department of Labor. The amount of increase shall be equal to the percentage of increase in the CPI-U on the-date_of adjustment over the CPT-U in effect on January 1 of the preceding year. Subd. 4 The park owner shall make the payments required by this Section at such time as the manufactured home for which such park owner may make direct payment to the person performing relocation services, but, upon proof of payment of relocation costs by a displaced resident, shall reimburse the displaced resident directly for relocation costs. Section 445.09. Payment of Additional Compensation. A displaced resident who cannot relocate a manufactured home within a 25 mile radius of the manufactured home park that is being closed and who does not elect to be compensated under Subd. 2 of Section 445.07 of this Ordinance is entitled to additional compensation in order to mitigate the adverse financial impact of the park closing. Such additional compensation shall be paid by the person purchasing or otherwise acquiring the manufactured home park from the park owner and by such other persons as the City Council shall