Title
Property Transactions - Beckwith-Meadow Drainage Improvements, Parcel #2
Action
Action: Approve the following Condemnation: Beckwith-Meadow Drainage Improvements, Parcel #2
Body
Project: Beckwith-Meadow Drainage Improvements, Parcel #2
Program: Flood Control
Owner(s): Guy Properties, LLC
Property Address: 1708 and 1800 Shamrock Drive
Total Parcel Area: 15,588 sq. ft. (.358 ac.)
Property to be acquired by Fee: 12,289 sq. ft. (.282 ac.) in Fee Simple
Structures/Improvements to be impacted: Commercial building
Landscaping to be impacted: None
Zoned: B-1
Use: Commercial
Tax Code: 093-103-12
Appraised Value: $237,000
Property Owner’s Concerns: Property owner does not agree with the compensation amount being offered.
City’s Response to Property Owner’s Concerns: Staff explained the property owner could present a counter offer with justification.
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: 1