Title
Charlotte Water Property Transactions - Mallard Creek Basin Improvements Phase 1 and 2, Parcel # 23
Action
Action: Approve the following Condemnation: Mallard Creek Basin Improvements Phase 1 and 2, Parcel # 23
Body
Project: Mallard Creek Basin Improvements Phase 1 and 2, Parcel # 23
Owner(s): NK Investments, Inc. and Nick Stas, LLC
Property Address: 11900 North Tryon Street
Total Parcel Area: 406,823 sq. ft. (9.34 ac.)
Property to be acquired by Easements: 27,131 sq. ft. (0.62 ac.) in Permanent Utility Easement and 17,411 sq. ft. (0.40 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: CG & N1-A
Use: Commercial
Parcel Identification Number(s): 051-411-01
https://polaris3g.mecklenburgcountync.gov/#mat=21798&pid=05141101&gisid=05141101
Appraised Value: $44,150
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 in order to justify a counteroffer.
Recommendation: To avoid delay in the project schedule, 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: 4
Attachments
Attachment(s): Map