Title
Property Transactions - Monroe Road Streetscape, parcel #6
Action
Action: Approve the following Condemnation: Monroe Road Streetscape, parcel #6
Body
Project: Monroe Road Streetscape, parcel #6
Program: Monroe Road Streetscape
Owner(s): Mec-Tric Properties Inc.
Property Address: 4118 Monroe Road
Total Parcel Area: 125,689 sq. ft. (2.89 ac.)
Property to be acquired by Easements: 85 sq. ft. (0.002 ac.) Bus Stop Improvement Easement, 2,708 sq. ft. (0.062 ac.) Sidewalk Utility Easement, 3,806 sq. ft. (0.087 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Sign
Landscaping to be impacted: Tree
Zoned: I-2
Use: Industry
Tax Code: 159-046-08
https://polaris3g.mecklenburgcountync.gov/#mat=607116&pid=15904608&gisid=15904608
Appraised Value: $37,225
Property Owner’s Concerns: The property owner is concerned about the design of the project.
City’s Response to Property Owner’s Concerns: The City explained the rationale of the design and how it meets the objectives for the project.
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: 1