Title
Property Transactions - Bryant Farms Rd Extension, Phase 1, Parcel # 4
Action
Action: Approve the following Condemnation: Bryant Farms Rd Extension, Phase 1, Parcel # 4
Body
Project: Bryant Farms Rd Extension, Phase 1, Parcel # 4
Program: Bryant Farms Rd Extension, Phase 1
Owner(s): Nisbet Oil Company
Property Address: 11914 Elm Lane
Total Parcel Area: 68,078 sq. ft. (1.563 ac.)
Property to be acquired by Fee Simple: 4,060 sq. ft. (0.093 ac.) Fee Simple outside existing ROW
Property to be acquired by Easements: 3,006 sq. ft. (0.069 ac.) Utility Easement and 2,458 sq. ft. (0.056 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Asphalt paving and lights
Landscaping to be impacted: Trees and various plantings
Zoned: CG
Use: Commercial
Parcel Identification Number: 223-282-90
https://polaris3g.mecklenburgcountync.gov/#mat=543299&pid=22328290&gisid=22328290
Appraised Value: $105,125
Property Owner’s Concerns: The property owner is concerned about the amount of compensation offered.
City’s Response to Property Owner’s Concerns: The city informed the property owner they could obtain their own appraisal or provide supporting documentation to justify their counteroffer. The city continues to negotiate with the property owner.
Recommendation: 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: 7
Attachments
Attachment(s): Map