Title
Property Transactions - Baucom Road Connector, Parcel #2
Action
Action: Approve the following Condemnation: Baucom Road Connector, Parcel #2
Body
Project: Baucom Road Connector, Parcel #2
Owner(s): Fairfield Mallard I LLC
Property Address: 2301 Keaton Avenue
Total Parcel Area: 796,527 sq. ft. (18.286 acres)
Property to be acquired by Fee: 6,921 sq. ft. (.159 ac.) in Fee Simple
Property to be acquired by Easements: 375 sq. ft. (.009 ac.) in Storm Drainage Easement, plus 404 sq. ft. (.009 ac.) in Slope Easement, plus 3,887 sq. ft. (.089 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: Gate, security camera, private light poles, and asphalt
Landscaping to be impacted: None
Zoned: R-15
Use: Multi-family
Tax Code: 027-031-05
Appraised Value: $47,350
Recommendation: We are currently waiting on signed documents but 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: 2