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1700.090. General Requirements. <br />A. Displaced Park Residents cannot be required to vacate the <br />Manufactured Home Park until sixty (60) days after <br />conclusion of the public hearing before the City Council. <br />B. If there is a partial closure of the Manufactured Home <br />Park and other Lots remain available within the same <br />Manufactured Home Park, the Park Owner must allow <br />Displaced Residents an opportunity to relocate within the <br />Manufactured Home Park unless the Displaced Residents' <br />Manufactured Home, because of its size, is not compatible <br />with the available lot. <br />1700.100. Limitation of Relocation Costs and Compensation. The <br />total amount of Relocation Cost and Compensation to be paid to <br />eligible Park Residents shall not exceed twenty (20) percent of the <br />estimated market value of the Manufactured Home Park, as stated in <br />the Property Tax Statement for the year in which the Closure <br />Statement is served on the City Administrator. In the event that <br />the total of the Relocation Cost and Compensation payable to <br />eligible Park Residents exceeds this limitation, the Relocation <br />Costs and Compensation payable to each eligible Park Resident shall <br />be decreased proportionately so that the total of the Relocation <br />Costs and Compensation does not exceed the limitation stated <br />herein. <br />Effective Date. This ordinance shall be effective the day <br />following its publication. <br />Adoption Date. Passed by the City Council of the City of Lake Elmo <br />the 1st day of October , 1991. <br />David Johnson, Mayor <br />ATTEST: <br />Mary Kue£fner, City Administrator <br />Publication Date. <br />C\J\LEORD91.005 <br />October 3, 1991 <br />Published on the of <br />1991. <br />