Title
Property Transactions - Pebble Street 4150, Parcel # 2
Action
Action: Approve the following condemnation: Pebble Street 4150, Parcel # 2
Body
Project: Pebble Street 4150
Owner(s): S&S Realty of Charlotte Inc.
Property Address: 4101 Sourwood Street
Total Parcel Area: 28,532 sq. ft. (6.550 ac.)
Property to be acquired by Easements: 296 sq. ft. (0.007 ac.) in storm drainage easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Tree
Zoned: ML-2
Use: Manufacturing and Logistics
Parcel Identification Number(s): 087-102-04
https://polaris3g.mecklenburgcountync.gov/pid/08710204
Appraised Value: $5,475
Property Owner’s Concerns: The property owner is concerned about the potential impacts to the property.
City’s Response to Property Owner’s Concerns: The city explained the rationale of the design and how it meets the objectives for the project.
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: 1
Attachments
Attachment(s): Map