Title
Property Transactions - Rea Road Widening, Parcel # 10
Action
Action: Approve the following Condemnation: Rea Road Widening, Parcel # 10
Body
This property is acquired in accordance with Federal Guidelines 49 CFR Part 24 of the Uniform Acquisition and Relocation Act of 1970. Acquisition costs are eligible for North Carolina Department of Transportation reimbursement and Federal Transit Administration reimbursement.
Project: Rea Road Widening (I-485 to Williams Pond Lane), Parcel # 10
Program: Rea Road Widening (I-485 to Williams Pond Lane)
Owner(s): Tracey M. Jeffcoat and spouse, if any
Property Address: Falling Leaves Drive
Total Parcel Area: 4,547 sq. ft. (0.104 ac.)
Property to be acquired by Fee Simple: 120 sq. ft. (0.003 ac.) Fee Simple Outside of Existing Right-of-Way
Property to be acquired by Easements: 1,081 sq. ft. (0.025 ac.) Utility Easement, 830 sq. ft. (0.019 ac.) Sidewalk Utility Easement and 101 sq. ft. (0.002 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: IC-1
Use: Industrial
Parcel Identification Number: 225-044-99
https://polaris3g.mecklenburgcountync.gov/#pid=22504499&gisid=22504499
Appraised Value: $3,425
Property Owner’s Concerns: The property has outstanding title issues.
City’s Response to Property Owner’s Concerns: The city has been unable to reach an agreement or resolve outstanding title issues at this time.
Recommendation: To obtain clear title and avoid delay, recommendation is to proceed to condemnation.
Council District: 7
Attachments
Attachment(s): Map