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File #: 15-17340    Version: 1 Name:
Type: Consent Item Status: Approved
File created: 2/3/2022 In control: City Council Business Meeting
On agenda: 2/28/2022 Final action: 2/28/2022
Title: Property Transactions - XCLT Craighead to Tryon, parcel #5

Title

Property Transactions - XCLT Craighead to Tryon, parcel #5

 

Action

Action:                     Approve the following Condemnation: XCLT Craighead to Tryon, parcel #5

 

Body

Project: XCLT Craighead to Tryon, parcel #5


Program: XCLT Craighead to Tryon

 

Owner(s): Trailhead 4100 Owner LLC

 

Property Address: 4100 Raleigh Street

 

Total Parcel Area: 146,168 sq. ft. (3.36 ac.)

 

Property to be acquired by Easements: 147 sq. ft. (0.003 ac.) Greenway Easement

 

Structures/Improvements to be impacted: None

 

Landscaping to be impacted:  None

 

Zoned: TOD-M(O)

 

Use: Transit Oriented Development - Mixed use, Optional

 

Tax Code: 091-072-04

https://polaris3g.mecklenburgcountync.gov/#mat=586867&pid=09107204&gisid=09107204

 

Appraised Value: $3,725

 

Property Owner’s Concerns: The property owner is concerned about the amount of compensation offered.

 

City’s Response to Property Owner’s Concerns: The City informed the property owner they could obtain their own appraisal in order to justify a counteroffer.

 

Recommendation: To avoid delay in the project schedule, 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: 1