Sec.8-273-29. Owner retention

Latest version.

(a) If a displaced homeowner elects to retain and move his dwelling, the amount payable under 8-273-26 (a) is the difference between the acquisition price of the acquired dwelling and the sum of —
(1) The moving and restoration expenses;
(2) The cost of correcting decent, safe, and sanitary deficiencies, if any; and
(3) The estimated selling price of a comparable relocation site.
(b) The amount computed in accordance with paragraph (a) of this section is subject to the limitations prescribed in 8-273-5.

(Effective April 30, 1975)

                    
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