A.
The City, pursuant to law, recognizes that there are residential tenancies which constitute illegal occupancies due to building conditions, which violate zoning and/or housing codes of the state and/or City, causing relocation of tenants as well as demolition of premises which are caused by substantial violations of state and City law.
B.
The existence of such issues requires the displacement of the building tenants.
C.
In the event that displacement of the tenants results for any reason, the building owner/landlord is liable to the tenants for relocation costs.
D.
The City is authorized, pursuant to law, to establish a revolving relocation assistance fund, out of which relocation assistance may be paid to the displaced tenants in the event the owner fails to provide same.
E.
All relocation assistance costs incurred by the City, pursuant to law, shall be repaid by the owner/landlord of the building to the City, and such repayments shall be deposited into the City's revolving relocation assistance fund.
F.
In addition to requiring reimbursement for relocation assistance paid to the displaced tenants from the building owner, the City shall require that an additional fine for zoning and housing code violations for illegal occupancies shall be imposed against the building owner/landlord in an amount not to exceed six times the monthly rental paid by each of the displaced persons, and such amount shall be deposited into the City's revolving relocation assistance fund.