Title
Property Transactions - Lakeview-Reames Intersection Improvements, Parcel #3
Action
Action: Approve the following Condemnation: Lakeview-Reames Intersection Improvements, Parcel #3
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 #3
Owner(s): Alfor Sharkey and Della Sharkey
Property Address: 4305 Craven Hill Drive
Total Parcel Area: 10,728 sq. ft. (.246 ac.)
Property to be acquired by Easements: 367 sq. ft. (.008 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: R-4
Use: Single-family Residential
Tax Code: 037-155-13
Appraised Value: $175
Property Owner’s Counteroffer: $1,000
Recommendation: The city is currently waiting on signed documents but 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: 2