Title
Property Transactions - Reddman Road 5723, Parcel # 2
Action
Action: Approve the following condemnation: Reddman Road 5723, Parcel # 2
Body
Project: Reddman Road 5723
Owner(s): PR Management, LLC
Property Address: 5723 Reddman Road
Total Parcel Area: 52,891 sq. ft. (1.214 ac.)
Property to be acquired by Easements: 1,722 sq. ft. (0.040 ac.) in storm drainage easement, 40 sq. ft. (0.001 ac.) in sidewalk utility easement, and 2,577 sq. ft. (0.059 ac.) in temporary construction easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: CG
Use: General Commercial
Parcel Identification Number(s): 133-101-02
https://polaris3g.mecklenburgcountync.gov/pid/13310102
Appraised Value: $22,225
Property Owner’s Concerns: The property owner is concerned about the potential impacts to the property and compensation offered.
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 informed the property owner they could obtain their own appraisal or provide supporting documentation to justify their counteroffer. 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: 5
Attachments
Attachment(s): Map