Title
Property Transactions - Lakeview Road Farm to Market, Parcel #9
Action
Action: Approve the following Acquisition: Lakeview Road Farm to Market, Parcel #9
Body
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.
Project: Lakeview Road Farm to Market, Parcel #9
Owner(s): M.I.K.E Land Co., LLC
Property Address: 6415 Lakeview Road
Total Parcel Area: 146,058 sq. ft. (3.353 ac.)
Property to be acquired by Easements: 2,440 sq. ft. (0.056 ac.) in Storm Drainage Easement, 1,311 sq. ft. (0.03 ac.) in Sidewalk and Utility Easement, 2,724 sq. ft. (0.063 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees
Zoned: I-2
Use: Industrial
Tax Code: 025-011-07,
<http://polaris3g.mecklenburgcountync.gov/#mat=169126&pid=02501107&gisid=02501107>
Purchase Price: $38,725
Council District: 2