Title
Property Transactions - Arrowood Road Pedestrian Hybrid Beacon at Granite Point Drive, Parcel # 4
Action
Action: Approve the following condemnation: Strategic Investment Area Arrowood Road Pedestrian Hybrid Beacon at Granite Point Drive, Parcel # 4
Body
Project: Arrowood Road Pedestrian Hybrid Beacon at Granite Point Drive
Owner(s): TRC Arrowood, LLC
Property Address: 8930 Mont Carmel Lane
Total Parcel Area: 656,090 sq. ft. (15.062 ac.)
Property to be acquired by Easements: 286 sq. ft. (0.007 ac.) in permanent utility easement, 42 sq. ft. (0.001 ac.) in permanent shelter easement, 29 sq. ft. (0.001 ac.) in sidewalk utility easement, and 708 sq. ft. (0.016 ac.) in temporary construction easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: N1-B
Use: Neighborhood 1-B
Parcel Identification Number(s): 169-241-03
https://polaris3g.mecklenburgcountync.gov/pid/16924103
Appraised Value: $1,850
Property Owner’s Concerns: The city is unable to reach an agreement with the property owner.
City’s Response to Property Owner’s Concerns: 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: 3
Attachments
Attachment(s): Map