Title
Property Transactions - Taggart Creek Outfall Phase 2, Parcel #5
Action
Action: Approve the following Condemnation: Taggart Creek Outfall Phase 2, Parcel #5
Body
Project: Taggart Creek Outfall Phase 2, Parcel #5
Owner(s): Lakepointe Corporate Center Associates, LLC
Property Address: Cascade Pointe Boulevard
Total Parcel Area: 91,996 sq. ft. (2.112 acres)
Property to be acquired by Easements: 2,089 sq. ft. (.048 ac.) in Sanitary Sewer Easement, plus 1,289 sq. ft. (.03 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: I-1(CD)
Use: Industrial
Tax Code: 143-041-23
Appraised Value: $8,150
Property Owner’s Concerns: The property owners are concerned that the existing and proposed sewer alignment interferes with their ability to develop the parcel.
City’s Response to Property Owner’s Concerns: Staff redesigned the sewer project multiple times in an effort to accommodate their development.
Outstanding Concerns: The property owners are concerned they will not be allowed to fill, grade and build structures within the easement areas.
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: 3