§ 8.22.820. Amount of relocation payments.

A.

Unless otherwise specified in a Section of the Oakland Municipal Code requiring relocation payments, Tenant Households who are required to move as a result of a Qualifying Relocation Event shall be entitled to a relocation payment from the Owner in the sum of six thousand five hundred dollars ($6,500.00) per unit for studios and one-bedroom apartments; eight thousand dollars ($8,000.00) per unit for two-bedroom apartments; and nine thousand eight hundred seventy-five dollars ($9,875.00) per unit for units with three or more bedrooms. The payment shall be divided equally among all Tenants occupying the Rental Unit at the time of service on the Tenants of the notice of termination of tenancy.

B.

Unless otherwise specified in a Section of the Oakland Municipal Code requiring relocation payments, Tenant Households in Rental Units that include lower income, elderly or disabled Tenants, and/or minor children shall be entitled to a single additional relocation payment of two thousand five hundred dollars ($2,500.00) per unit from the Owner. If a household qualifies for this additional payment, the payment shall be divided equally among eligible (lower-income, elderly, disabled, parents/guardians of minor children) Tenants.

C.

In the case of temporary relocations under O.M.C. 15.60.110 B., the amounts in paragraphs A-B shall be a cap on relocation payments.

D.

The relocation payments specified in subsection 8.22.820 A. shall increase annually on July 1 in accordance with the CPI Adjustment as calculated in OMC subsection 8.22.070 B.3. The first increase shall take place on July 1, 2017.

(Ord. No. 13468, § 1, 1-16-2018)