Title
Aviation Property Transaction - 9618 Markswood Road
Action
Action: Approve the following property transaction.
Body
The 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 Federal Aviation Administration Reimbursement
Project: EIS Mitigation Land South
Owner(s): Randy B. and Lu Ann Schultz
Property Address: 9618 Markswood Road
Total Parcel Area: 6.81 acres
Property to be acquired by Easements: N/A
Structures/Improvements to be impacted: Single-family home
Landscaping to be impacted: Trees and shrubs
Zoned: R-3
Use: Single-family Residential
Tax Code: 141-261-25
Purchase Price: $315,600 and all relocation benefits in compliance with Federal, State or Local regulations
Council District: Not applicable because this is a Mecklenburg County Parcel