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. , . <br /> j <br /> <br /> i <br /> Payment in Lieu Additional Assistance <br /> .Business may choose a lump sum amount .Relocation advisory services <br /> paid to the business owner instead of .Ongoing assistance in locating available <br /> moving and re-establishment payments space, though not necessarily replacement <br /> .Capped at 2-year average annual net space <br /> earnings .Reimbursement of eligible expenses if <br /> documented and submitted within 18 <br /> .Can be between $1,000 and $20,000 months of the date of move <br /> West Broadway Advisory Committee ECONorthwes[ Augus[ 2007 19 Wes[ Broadway Advisory Committee ECONorthwest August 2007 20 <br /> Compensation for Non-Profits Relocation Process <br /> .Same two options: 1. Tenants receive advisory services <br /> • Moving and relocation costs From 3rd part relocation specialist <br /> OR 2. Submit application for moving and re- <br /> .Payment in Lieu establishment expenses <br /> 3. Application is reviewed and approved by <br /> .Payment in Lieu determined by two years City <br /> annual gross revenues less administrative 4. Tenant can appeal decision made in step 3 <br /> expenses <br /> West Broadway Advisory Committee ECONorthwest August 2007 21 West Broadway Advisory Comminee ECONOrthwest August 2007 22 <br /> Some Relocation Options <br /> • ~ Compensation for Tenant / <br /> ~ ~ i .Business Relocation <br /> . ~ i <br /> ~ ~ _ Going Beyond the Basic <br /> t ~ Package <br /> .~.m~_.,_.__ <br /> ~.y~.W.u.~.uw._ <br /> WestBroadway Advisory Committee ECONOrthwest August 2007 23 <br /> 4 <br /> <br />