Title
Property Transactions - Idlewild/Monroe Intersection - Phase I, Parcel #9
Action
Action: Approve the following Acquisition: Idlewild/Monroe Intersection - Phase I, 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 and Federal Transit Administration reimbursement.
Project: Idlewild/Monroe Intersection - Phase I, Parcel #9
Program: Idlewild/Monroe Intersection - Phase I
Owner(s): 5936 Monroe Road LLC
Property Address: 5936 Monroe Road
Total Parcel Area: 16,582 sq. ft. (0.38 ac.)
Property to be acquired by Fee: 531 sq. ft. (0.012 ac.) Fee Simple
Property to be acquired by Easements: 933 sq. ft. (0.021 ac.) Utility Easement, 1,124 sq. ft. (0.026 ac.) Sidewalk Utility Easement, 117 sq. ft. (0.003 ac.) Temporary Construction Easement, 190 sq. ft. (0.004 ac.) Retaining Wall Easement, 1,124 sq. ft. (0.026 ac.) Waterline Easement
Structures/Improvements to be impacted: Sign on brick columns
Landscaping to be impacted: None
Zoned: O-1
Use: Office
Tax Code: 163-05C-98
https://polaris3g.mecklenburgcountync.gov/#mat=240263&pid=16305160&gisid=16305C98
Purchased Price: $21,175
Council District: 5