Title
Property Transactions - Water Oak Storm Drainage Improvements, Parcel #25
Action
Action: Approve the following Condemnation: Water Oak Storm Drainage Improvements, Parcel #25
Body
Project: Water Oak Storm Drainage Improvements, Parcel #25
Program: Flood Control
Owner(s): Water Oak NC Partners, LLC
Property Address: 4808 Water Oak Road
Total Parcel Area: 626,441 sq. ft. (14.381 ac.)
Property to be acquired by Easements: 7,951 sq. ft. (0.183 ac.) in Storm Drainage Easement, plus 1,530 sq. ft. (0.035 ac.) in Waterline Easement, plus 3,011 sq. ft. (0.069 ac.) in Temporary Construction Easement, plus 1,947 sq. ft. (0.045 ac.) in Utility Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees
Zoned: R-12
Use: Multi-family
Tax Code: 163-082-22,
<http://polaris3g.mecklenburgcountync.gov/#mat=529546&pid=16308222&gisid=16308222>
Appraised Value: $43,150
Outstanding Concerns: The property owner become unresponsive.
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: 5