Title
Property Transactions - Monroe Road Streetscape, parcel #63
Action
Action: Approve the following Condemnation: Monroe Road Streetscape, parcel #63
Body
Project: Monroe Road Streetscape, parcel #63
Program: Monroe Road Streetscape
Owner(s): EP 5101 LLC
Property Address: 2020 Eaton Road and 5101 Monroe Road
Total Parcel Area: 26,287 sq. ft. (0.60 ac.)
Property to be acquired by Easements: 84 sq. ft. (0.002 ac.) Bus Stop Improvement Easement, 856 sq. ft. (0.02 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: O-6(CD)
Use: Office District
Tax Code: 161-063-01
https://polaris3g.mecklenburgcountync.gov/#mat=142435&pid=16106301&gisid=16106301
Appraised Value: $4,025
Property Owner’s Concerns: None
City’s Response to Property Owner’s Concerns: N/A
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