24VAC30-41-310. Reestablishment expenses.
A. A small business, farm or nonprofit organization may be eligible to receive a payment, not to exceed $25,000, for expenses actually incurred in reestablishing operations at a replacement site. A small business, farm or nonprofit organization that elects a fixed payment in lieu of actual moving expenses is not eligible for a reestablishment expense payment.
B. Eligible expenses. Reestablishment expenses must be reasonable and actually incurred. They may include the following items:
1. Repairs or improvements to the replacement real property as required by federal, state or local law, code or ordinance;
2. Modifications to the replacement property to accommodate the business operation or make replacement structures suitable for conducting the business;
3. Construction and installation costs for exterior signing to advertise the business;
4. Redecoration or replacement of soiled or worn surfaces at the replacement site, such as paint, paneling, or carpeting;
5. Licenses, fees and permits when not paid as part of moving expenses;
6. Advertisement of replacement location;
7. Increased costs of operation during the first two years at the replacement site for such items as:
a. Lease or rental charges;
b. Personal or real property taxes;
c. Insurance premiums; and
d. Utility charges, excluding impact fees; and
8. Other items that VDOT considers essential to the reestablishment of the business.
A discussion of business reestablishment costs is contained in the "Guidance Document for the Determination of Certain Financial Benefits to Displacees," effective October 1, 2014.
C. Ineligible expenses. The following is a nonexclusive listing of ineligible reestablishment expenditures:
1. Purchase of capital assets, such as office furniture, filing cabinets, machinery or trade fixtures;
2. Purchase of manufacturing materials, production supplies, product inventory or other items used in the normal course of the business operation;
3. Interest on money borrowed to make the move or purchase the replacement property; and
4. Payment to a part-time business in the home that does not contribute materially to the household income.
Statutory Authority
§ 25.1-402 of the Code of Virginia; 42 USC § 4601 et seq.; 49 CFR Part 24.
Historical Notes
Derived from Virginia Register Volume 18, Issue 3, eff. November 21, 2001; amended, Virginia Register Volume 21, Issue 13, eff. April 6, 2005; Volume 22, Issue 21, eff. July 26, 2006; Volume 30, Issue 26, eff. October 1, 2014.