Title
Airport Property Transaction - Portion of 4349 Scott Futrell Drive
Action
Action:
Approve the following Property Acquisition: Airport Gateway Central
Body
Acquisition
Project: Airport Gateway Central
Owner(s): American Freightways Corp (FedEx Freight, Inc., and Arkansas Corporation)
Property Address: 4349 Scott Futrell Drive
Total Parcel Area: 43.878 acres
Property to be acquired in Fee: 1.185 acres
Property to be acquired by Easements: N/A
Structures/Improvements to be impacted: N/A
Landscaping to be impacted: Trees
Zoned: I-2
Use: Commercial
Tax Code: 061-282-02
Purchase Price: $118,500 and all relocation benefits in compliance with Federal, State or Local regulations
Council District: 3