Title
Property Transactions - Idlewild/Monroe Intersection - Phase I, Parcel #7
Action
Action: Approve the following Condemnation: Idlewild/Monroe Intersection - Phase I, Parcel #7
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: Idlewild/Monroe Intersection - Phase I, Parcel #7
Program: Idlewild/Monroe Intersection - Phase I
Owner(s): Richard Latorre
Property Address: 5831 Monroe Road
Total Parcel Area: 23,267sq. ft. (0.534 ac.)
Property to be acquired by Easements: 2,930 sq. ft. (0.067 ac.) Sidewalk Utility Easement, 2,057 sq. ft. (0.047 ac.) Temporary Construction Easement, 2,930 sq. ft. (0.067 ac.) Waterline Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees
Zoned: O-1 (CD)
Use: Office
Tax Code: 163-031-14
https://polaris3g.mecklenburgcountync.gov/#mat=156378&pid=16303114&gisid=16303114
Appraised Value: $20,850
Property Owner’s Concerns: None
City’s Response to Property Owner’s Concerns: N/A
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: 5