Agenda Packets - 1995/02/06 - Laserfiche WebLink

Home Browse Search

(C) The cost of repairs or modifications that are required in order to move the manufactured home. SEC. 15.75. PAYMENT OF ADDITIONAL COMPENSATION. (A) If a resident cannot relocate the manufactured home within a 25 mile radius of the park that is being closed or some other agreed upon distance, the resident is entitled to additional compensation to be paid by the purchaser of the park, in order to mitigate the adverse financial impact of the park closing. If the re i-demt—te de—s he—tixle to the manufactured ho-me, the additional compensation shall be in an amount equal to the estimated market value of the manufactured home as determined by the City Assessor and as reported on the resident's most recent property tax statement. The purchaser shall pay such compensation into an escrow account, established by the park owner, for distribution upon transfer of title to the home. Such compensation shall be paid to the displaced residents no later than thirty (30) days prior to the closing of the park or its conversion to another use./ / (B) If a resident cannot relocate the manufactured home within a 25 mile radius of the park which is being closed or some other agreed upon distance, and the resident elects not to tender title to the manufactured home, the resident is entitled to relocation costs based upon an average of relocation costs awarded to other residents in the park. (C) The total compensation to be paid to displaced residents by the park owner and purchaser of the park shall not exceed twenty percent of the purchase price of the park. SEC. 15. 76. VERIFICATION OF COSTS. The displaced resident must submit a contract or other verified cost estimate for relocating the manufactured home to the park owner for approval as a condition to the park owner's liability to pay relocation expenses. If the park owner refuses to pay the contract or other verified costs estimate, the park owner shall arrange for relocating the manufactured home and pay the relocation costs identified in Section 15. 74 of this Article. SEC. 15. 77. PENALTY. (a) Violation of any provision of this Article shall be a misdemeanor. (b) Any provisions of this Article may be enforced by injunction or other appropriate civil remedy. (c) The City shall not approve an application for a building permit, rezoning, platting, conditional use permit or variance in conjuncion with reuse of manufc_tured home park property_unless .the_park owner.has paid reasonable relocation costs and the purchaser of the park has provided additional compensation in accordance with the requirements of the Article.