The amount of the relocation fee payable to a tenant entitled to such fee pursuant to the provisions of this chapter shall be determined as follows:
Apartment Size | Relocation Fee |
Studio | $ 6,193.00 |
1 bedroom | 9,148.00 |
2 or more bedrooms | 12,394.00 |
Provided further, those households that include a senior, disabled person, or a minor shall be entitled to an additional relocation fee in the amount of two thousand dollars ($2,000.00).
Any tenant whose occupancy of the apartment unit began after the date when the required notice of termination was given shall not be entitled to any relocation fee.
Commencing July 1, 2018, and on July 1 of each year thereafter, the amounts of the relocation fees set forth above shall be increased annually by a percentage equal to the percentage increase, if any, of the consumer price index for the Los Angeles/Riverside/Orange County area, as published by the United States department of labor, bureau of labor statistics between May 1 of the then current year, and May 1 of the immediately preceding year. (Ord. 17-O-2729, eff. 5-5-2017)