Title
Property Transactions - Nations Ford Road Signal Upgrades, Parcel # 5
Action
Action: Approve the following condemnation: Strategic Investment Area Nations Ford Road Signal Upgrades, Parcel # 5
Body
Project: Strategic Investment Area Nations Ford Road Signal Upgrades
Owner(s): Southwood Village Realty LLC, A North Carolina Limited Liability Company
Property Address: 201 West Arrowood Road
Total Parcel Area: 388,686 sq. ft. (8.923 ac.)
Property to be acquired by Easements: 436 sq. ft. (0.010 ac.) in sidewalk utility easement, 392 sq. ft. (0.009 ac.) in permanent shelter easement, and 1,612 sq. ft. (0.037 ac.) in temporary construction easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: CG
Use: General Commercial
Parcel Identification Number(s): 203-189-07
https://polaris3g.mecklenburgcountync.gov/pid/20318907
Appraised Value: $4,850
Property Owner’s Concerns: Unknown, no response received.
City’s Response to Property Owner’s Concerns: Property owner is unresponsive.
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: 3
Attachments
Attachment(s): Map