Title
Property Transactions - Lakeview-Reames Intersection Improvements, Parcel #39
Action
Action: Approve the following Acquisition: Lakeview-Reames Intersection Improvements, Parcel #39
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.
Body
Project: Lakeview-Reames Intersection Improvements, Parcel #39
Owner(s): Dorothy E. Blackmon
Property Address: 5216 Lakeview Road
Total Parcel Area: 33,777 sq. ft. (.775 ac.)
Property to be acquired by Fee: 399 sq. ft. (.009 ac.) in Fee Simple
Property to be acquired by Easements: 106 sq. ft. (.002 ac.) in Sidewalk and Utility Easement, plus 2,449 sq. ft. (.056 ac.) in Temporary Construction Easement, plus 241 sq. ft. (.006 ac.) in Utility Easement
Structures/Improvements to be impacted: Brick mailbox
Landscaping to be impacted: Trees and various plantings
Zoned: R-3
Use: Single-family Residential
Tax Code: 037-166-07
Purchase Price: $10,275
Council District: 2