Title
Reedy Creek Stream Restoration Project
Action
Action:
A. Approve $260,000 for the purchase of approximately 21 acres of Conservation Easement located on Tax Parcels 105-11-107 and 105-15-401 from Mecklenburg County, and
B. Authorize the City Manager to execute any and all documents necessary to comply with the terms of the Purchase Agreement.
Body
Staff Resource(s):
William Harris, Engineering & Property Management
Jennifer Smith, Engineering & Property Management
Charles Anzalone, Engineering & Property Management
Explanation
* Reedy Creek Stream Restoration is a design-build project located in and adjacent to the Reedy Creek Nature Preserve.
* The Reedy Creek Stream Restoration project seeks to restore or enhance the headwaters of Reedy Creek while generating stream mitigation credit. Total length of streams to be restored is approximately 25,477 feet (4.82 miles).
* The total length of streams to be restored on the two parcels related to this action is 6,018 feet (1.14 miles).
* For the past year, the City had been negotiating with the private property owner to obtain conservation easement needed on two parcels. The City was offering the owner $260,000 for the 21-acre conservation easement.
* Because the parcels are undeveloped and contiguous to the Reedy Creek Nature Preserve, Mecklenburg County Park and Recreation expressed interest in partnering with the City to purchase the two parcels in their entirety for use as nature preserve and to convey the needed easement to the City for the already budgeted and agreed upon amount of $260,000.
* On November 4, 2015, the Board of County Commissioners approved the purchase of the two parcels, totaling 97 acres, for $1.825 million.
* Storm Water Services is purchasing the property rather than placing the transaction on the Real Estate Transfer Ledger because properties used by Storm Water Services are not eligible for transfer under the Real Estate Transfer Ledger Agreement.
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