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or other such financing mechanism and credit counseling. Developer shall provide financial <br />assistance to reimburse any tenant's actual out of pocket expenses, in an amount not to <br />exceed 0.25% of the unit's sale price, for items such as, but not limited to, loan application <br />fees, credit report fees, and loan processing fees. <br />F. Tenant Relocation Assistance. The developer shall provide, at its expense, the following <br />relocation assistance to all persons who were tenants at the time the developer submitted <br />the condominium conversion application to the City and who choose not to purchase a unit <br />in the condominium conversion project: <br />1. Relocation assistance provided by a professional real estate services company, such as <br />a property management agency, for a maximum of ninety (90) days, to find a comparable <br />replacement rental unit. Such assistance shall include providing updated rental unit <br />availability reports, assisting tenants with inspecting available units, and providing other <br />personal services, such as transportation to inspect units, related to the relocation of each <br />tenant. <br />2. All moving expenses, including packing, transporting and unpacking with a professional <br />licensed and bonded moving company, for any tenant relocating within a twenty-five (25) <br />mile radius of the condominium conversion project. In the event a tenant relocates to a unit <br />that is in excess of a twenty-five (25) mile radius, the developer shall pay the tenant a cash <br />payment equal to the reasonable moving expenses for tenants relocating to a unit at the <br />twenty-five (25) mile radius. At the request of a tenant electing to provide his/her own <br />moving services, the developer shall pay the tenant an amount equal to the average <br />moving expense within a twenty-five (25) mile radius. <br />3. All deposits or activation fees for services including but not limited to gas, electric, <br />water, sewer, internet, cable television or satellite service (to the extent that these services <br />were provided in the units being converted at the time a tenant's lease was executed) for <br />the tenant's replacement rental unit. <br />4. Tenants shall be allowed one hundred twenty (120) days to vacate a unit from the time <br />a decision is made not to exercise the right of first refusal to purchase. <br />G. Nothing in this section shall prohibit a developer from evicting a tenant for good cause but <br />no developer shall evict a tenant in order to avoid the provisions of this Chapter. <br />H. All Tenant Protection Requirements included in this Section apply to only one household <br />per unit. <br />17.04.060 Condominium Conversion Project Application Requirements. <br />A. Information Required. Developers shall prepare and submit an application for a <br />condominium conversion project to the City's planning department on a form prepared by <br />the planning department and containing the information required by the Director of Planning <br />and Community Development (Planning Director). The application shall include an <br />affordable housing proposal as set forth in the Inclusionary Zoning Ordinance and a <br />schedule to meet the Tenant Protection Requirement and Physical Standards as set forth <br />in this chapter. The Planning Director shall determine whether the application is complete. <br />Page 6 of 9 <br />