4 15-0407 Subject: Amendments To The Ellis Act Ordinance From: Housing & Community Development Department Recommendation: Adopt One Of The Following Options: 1) An Ordinance To Amend The Ellis Act Ordinance O.M.C. 12530 C.M.C. To (1) Extend Relocation Payments To All Households Regardless Of Income; (2) Set The Base Amount Of Relocation Payment At $8,000 Per Unit; (3) Require An Additional Payment Of $2,500 Per Unit For Units With Tenants Who Are Seniors, Disabled, Low Income, Or Families With Minor Children; And (4) Require That Half Of The Payment Be Made When The Termination Notice Is Given And The Other Half Of The Payment Made Upon Tenant's Move Out; Or 2) An Ordinance To Amend The Ellis Act Ordinance O.M.C. 12530 C.M.C. To (1) Extend Relocation Payments To All Households Regardless Of Income; (2) Set The Base Amount Of Relocation Payment At $6,500 Per Studio/Onebedroom Units, $8,000 Per Two-Bedroom Units, And $9,875 Per Three Or More Bedroom Units; (3) Require An Additional Payment Of $2,500 Per Unit For Units With Tenants Who Are Seniors, Disabled, Low-Income, Or Families With Minor Children; And (4) Require That Half Of The Payment Be Made When The Termination Notice Is Given And The Other Half Of The Payment Made Upon Tenant's Move Out