Title
Property Transactions - Monroe Road Multiuse Path, Parcel # 1
Action
Action: Approve the following Condemnation: Monroe Road Multiuse Path, Parcel # 1
Body
Project: Monroe Road Multiuse Path, Parcel # 1
Program: Monroe Road Multiuse Path
Owner(s): EP 5101 LLC
Property Address: 5101 Monroe Road
Total Parcel Area: 26,248 sq. ft. (0.603 ac.)
Property to be acquired by Easements: 1,474 sq. ft. (0.034 ac.) Sidewalk Utility Easement and 1,872 sq. ft. (0.043 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees
Zoned: O-6(CD)
Use: Office District
Parcel Identification Number(s): 161-063-01
https://polaris3g.mecklenburgcountync.gov/#mat=142435&pid=16106301&gisid=16106301
Appraised Value: $34,375
Property Owner’s Concerns: The property owner is concerned about the amount of compensation offered.
City’s Response to Property Owner’s Concerns: 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