Title
Property Transactions - Southpark Loop (Cameron Valley Parkway), Parcel # 3
Action
Action: Approve the following condemnation: Southpark Loop (Cameron Valley Parkway), Parcel # 3
Body
Project: Southpark Loop (Cameron Valley Parkway)
Owner(s): 6826 Morrison Blvd., LLC; TKC CCXVI, LLC; Golden Triangle #6 - Avery, LLC; Queens Barrister II, LLC; and HCC Limited Partnership.
Property Address: 2620 Coltsgate Road
Total Parcel Area: 324,644 sq. ft. (7.453 ac.)
Property to be acquired by Easements: 161 sq. ft. (0.004 ac.) in sidewalk utility easement and 1,736 sq. ft. (0.040 ac.) in temporary construction easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Various landscaping
Zoned: O-15(CD)
Use: Office District (Conditional Zoning)
Parcel Identification Number(s): 183-177-04
Appraised Value: $84,225
Property Owner’s Concerns: The property owner is concerned about the potential impacts to the property.
City’s Response to Property Owner’s Concerns: The city explained the rationale of the design and how it meets the objectives for the project. The city continues to negotiate with the property owner.
Recommendation: The recommendation is to proceed to condemnation during which time negotiations can continue, mediation is available, and if necessary, just compensation can be determined by the court.
Council District: 6
Attachments
Attachment(s): Map