Title
Property Transactions - Rea Road Widening, Parcel # 6
Action
Action: Approve the following Condemnation: Rea Road Widening, Parcel # 6
Body
This property is acquired in accordance with Federal Guidelines 49 CFR Part 24 of the Uniform Acquisition and Relocation Act of 1970. Acquisition costs are eligible for North Carolina Department of Transportation reimbursement and Federal Transit Administration reimbursement.
Project: Rea Road Widening (I-485 to Williams Pond Lane), Parcel # 6
Program: Rea Road Widening (I-485 to Williams Pond Lane)
Owner(s): Peter J. Jugis, Bishop of the Roman Catholic Diocese of Charlotte, NC
Property Address: 8015 Ballantyne Commons Parkway
Total Parcel Area: 583,372 sq. ft. (13.392 ac.)
Property to be acquired by Fee Simple: 83 sq. ft. (0.002 ac.) Fee Simple Outside of Existing Right-of-Way
Property to be acquired by Easements: 224 sq. ft. (0.005 ac.) Permanent Shelter Easement, 3,796 sq. ft. (0.087 ac.) Utility Easement, 2,457 sq. ft. (0.056 ac.) Sidewalk Utility Easement, 7,232 sq. ft. (0.166 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees and various plantings
Zoned: IC-1
Use: Industrial
Parcel Identification Number: 225-046-03
https://polaris3g.mecklenburgcountync.gov/#mat=197270&pid=22504603&gisid=22504603
Appraised Value: $118,250
Property Owner’s Concerns: None.
City’s Response to Property Owner’s Concerns: The city’s offer is under review by 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: 7
Attachments
Attachment(s): Map