Title
Property Transactions - Monroe Road Multi-Use Path, Parcel # 1
Action
Action: Approve the following Condemnation: Monroe Road Multi-Use Path, Parcel # 1
Body
Project: Monroe Road Multi-Use Path, Parcel # 1
Program: Independence Sidewalk and Bikeway Program
Owner(s): EP 5101 LLC
Property Address: 5101 Monroe Road
Total Parcel Area: 26,248 sq. ft. (0.603 ac.)
Property to be acquired by Easements: 1,474 sq. ft. (0.034 ac.) Sidewalk Utility Easement and 1,872 sq. ft. (0.073 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Sign
Landscaping to be impacted: Trees
Zoned: O-6(CD)
Use: Office, Conditional Use
Parcel Identification Number(s): 161-063-01
https://polaris3g.mecklenburgcountync.gov/xy/1469406.0986,529410.7960/
Appraised Value: $52,350
Property Owner’s Concerns: The property owner is concerned about the amount of compensation offered and has become unresponsive.
City’s Response to Property Owner’s Concerns: The city informed the property owner they could obtain their own appraisal or provide supporting documentation to justify their counteroffer. The city continues to negotiate with the property owner.
Recommendation: 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
Attachment(s): Map