Title
Property Transactions - North Tryon Business Corridor, Parcel #58
Action
Action: Approve the following Acquisition: North Tryon Business Corridor, Parcel #58
Body
Project: North Tryon Business Corridor, Parcel #58
Owner(s): RLS & RLS, LLC
Property Address: 200 West 24th Street
Total Parcel Area: 25,695 sq. ft. (.590 ac.)
Property to be acquired by Fee: 1,752 sq. ft. (.04 ac.) in Fee Simple
Property to be acquired by Easements: 868 sq. ft. (.02 ac.) in Storm Drainage Easement, plus 595 sq. ft. (.014 ac.) in Sidewalk and Utility Easement, plus 1,677 sq. ft. (.038 ac.) in Waterline Easement, plus 1,676 sq. ft. (.038 ac.) in Temporary Construction Easement, plus 209 sq. ft. (.005 ac.) in Bus Stop Easement, plus 39 sq. ft. (.001 ac.) in Utility Easement
Structures/Improvements to be impacted: Fencing and parking spaces
Landscaping to be impacted: Trees and shrubs
Zoned: I-2
Use: Industrial
Tax Code: 079-092-15
Purchase Price: $325,245
Council District: 1