Title
Property Transactions - Lakeview-Reames Intersection Improvements, Parcel #70
Action
Action: Approve the following Condemnation: Lakeview-Reames Intersection Improvements, Parcel #70
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.
Body
Project: Lakeview-Reames Intersection Improvements, Parcel #70
Owner(s): Rayanee S. Shah
Property Address: 8615 Reames Road
Total Parcel Area: 35,080 sq. ft. (.805 ac.)
Property to be acquired by Fee: 5,251 sq. ft. (.121 ac.) in Fee Simple within Existing Right-of-Way
Property to be acquired by Easements: 1,459 sq. ft. (.033 ac.) in Sidewalk and
Utility Easement, plus 1,872 sq. ft. (.043 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: R-4
Use: Single-family Residential
Tax Code: 025-134-62
Appraised Value: $1,075
Recommendation: To obtain clear title and avoid delay in the project schedule, staff recommends proceeding to condemnation.
Council District: 2