Title
Property Transactions - Taggart Creek Outfall Phase 2, Parcels #2, 3 and 21
Action
Action: Approve the following Condemnation: Taggart Creek Outfall Phase 2, Parcels #2, 3 and 21
Body
Project: Taggart Creek Outfall Phase 2, Parcels #2, 3 and 21
Owner(s): CK Lakepointe Corporate Center Associates, LLC
Property Address: Cascade Pointe Boulevard
Total Parcel Area: 1,495,735 sq. ft. (34.337 acres)
Property to be acquired by Easements: 28,115 sq. ft. (.645 ac.) in Sanitary Sewer Easement, plus 49,253 sq. ft. (1.131 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: I-1(CD)
Use: Industrial
Tax Code: 143-031-06,, 143-041-12, 143-041-14
Appraised Value: $49,375
Property Owner’s Concerns: The property owners are concerned that the existing and proposed sewer alignment interferes with their ability to develop these parcels.
City’s Response to Property Owner’s Concerns: Staff redesigned the sewer project multiple times in an effort to accommodate their development.
Outstanding Concerns: The property owners are concerned they will not be allowed to fill, grade and build structures within the easement areas.
Recommendation: To avoid delay in the project schedule, staff recommends proceeding to condemnation during which time negotiations can continue, mediation is available and if necessary, just compensation can be determined by the court.
Council District: 3