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South Bend Redevelopment Commission <br />Regular Meeting - October 1, 1993 <br />6. NEW BUSINESS (Cont.) <br />a. continued... <br />sure that our benefits are geared to their <br />being affordable —that the new housing is <br />affordable to the individuals. So that's all <br />done case by case, individually, and <br />confidentially. <br />MR. HUNT: Ann, you may want to go over <br />that. Because of all the neighborhood <br />meetings we've had where this has come up, <br />the question of understanding relocation <br />benefits and purchase price and their <br />relationship is pretty important. In every <br />meeting we've had to talk about the project, <br />the ones Hedy has been at or that I've been <br />at, that question's come up. Maybe you <br />should walk through the acquisition plus <br />relocation benefit. It can go up to $22,500. <br />Ms. xoLATA: It's not an automatic $22,500. <br />But it can be that high. It depends on what <br />a comparable property costs, what you end <br />up paying for a new house, and what you <br />get from us in acquisition. But generally, <br />the relocation benefits for owner /occupants <br />are fairly generous and enable people to <br />move into a situation that they can afford <br />that is comparable to what they are in now <br />in terms of their cost. <br />A couple of other things: 1) we've had staff <br />meeting at the Southeast Quality of Life <br />meetings on a monthly basis. We will <br />continue to go to those meetings on a <br />monthly basis; 2) we are going to be sending <br />letters to all of the residents of the area that <br />need to be relocated to start collecting <br />information and meeting with you <br />-22- <br />