Title
Property Transactions - University Research Park Sidewalk, Parcel # 4
Action
Action: Approve the following Condemnation: University Research Park Sidewalk, Parcel # 4
Body
Project: University Research Park Sidewalk, Parcel # 4
Program: University Research Park Sidewalk, Parcel # 4
Owner(s): Galaxy Properties I LP
Property Address: 10330 David Taylor Road
Total Parcel Area: 598,417 sq. ft. (13.74 ac.)
Property to be acquired by Easements: 3,198 sq. ft. (0.073 ac.) Sidewalk Utility Easement and 3,745 sq. ft. (0.086 ac) Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees
Zoned: RE-2
Use: Research District
Parcel Identification Number: 047-155-02
https://polaris3g.mecklenburgcountync.gov/#mat=542969&pid=04715502&gisid=04715502
Appraised Value: $33,700
Property Owner’s Concerns: The property owner is concerned about the easement language.
City’s Response to Property Owner’s Concerns: The city explained the rationale of the easement language and how it meets the objectives for the project.
Recommendation: To avoid delay in the project schedule, 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: 4