Title
Property Transactions - McKee Road and Providence Road Intersection Improvements, Parcel #3
Action
Action: Approve the following Condemnation: McKee Road and Providence Road Intersection Improvements, Parcel #3
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: McKee Road and Providence Road Intersection Improvements, Parcel #3
Owner(s): Marsh Bissell Patrick II, LLC
Property Address: 10800 Sikes Place
Total Parcel Area: 169,840 sq. ft. (3.899 acres)
Property to be acquired by Fee: 9,713 sq. ft. (.223 ac.) in Fee Simple, plus 7,007 sq. ft. (.161 ac.) in Fee Simple within Existing Right-of-Way
Property to be acquired by Easements: 29,961 sq. ft. (.688 ac.) in Temporary Construction Easement, plus 4,835 sq. ft. (.111 ac.) in Utility Easement
Structures/Improvements to be impacted: Irrigation system, brick column, and parking spaces
Landscaping to be impacted: Trees, shrubs and various plantings
Zoned: O-15
Use: Office
Tax Code: 231-045-07
Appraised Value: $244,050
Property Owner’s Concerns: The property owner is concerned that the brick columns will be impacted by the project. In addition, the property owner requested confirmation that the drive entrance to Sykes Place would be constructed with the project.
City’s Response to Property Owner’s Concerns: Staff explained that one of the brick columns will be impacted by the project and that the drive entrance to Sykes Place will be constructed with the project.
Recommendation: To avoid delay in the project schedule, staff recommends proceeding 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