Laserfiche WebLink
ao~K 9 883 <br />(h) That property owners will be paid or reimbursed for <br />necessary expenses as specified in Section 303 and <br />304 of the Federal Act. <br />(i) That the applicant will execute such amendments to <br />the above mentioned contracts and agreements and <br />execute, furnish, and be bound by such additional <br />documents as the Secretary of Housing and Urban <br />Development shall determine necessary to effectuate <br />or implement the assurances provided hereunder. <br />AND BE IT FURTHER RESOLVED AS FOLLOWS: <br />That the standard for fair market rents for existing housing <br />is a comparative method according to the following policies: <br />1. The monthly rental for a comparable replacement dwelling <br />shall be determined on a case-by-case basis, using one or more <br />dwellings which are actually available and determined to be most <br />representative of the dwelling from which the displacement occurs, <br />and conforms to the definition of comparable replacement housing <br />referred to in Section 42.20(b) and Chapter 5, Section 4, paragraphs <br />5-51(b)(2) and 5-52A of the 1371.1 REV relocation handbook. <br />2. Comparable dwelling units are selected from a neighborhood <br />from which the claimant moves, providing that the units are available <br />and meet the following requirements: <br />(a) Lee County Housing Code and Minimum Housing Standards <br />(b) Are not in an area designated for present or future <br />governmental action which may reasonably be expected <br />to involve displacement <br />(c) Are not in a location subject to unreasonable adverse <br />environmental conditions. <br />3. If the housing located in the displaced neighborhood does <br />not meet the criteria for the displaced, then housing shall be <br />selected from adjacent or nearby neighborhoods in ascending order <br />of rental costs. Neighborhoods where rental costs are generally <br />lower than the neighborhood from which the claimant is displaced <br />may not be used for selection of comparables. <br />