Title
Property Transactions - Doby Creek Sanitary Sewer Improvements, Parcel #6
Action
Action: Approve the following Condemnation: Doby Creek Sanitary Sewer Improvements, Parcel #6
Body
Project: Doby Creek Sanitary Sewer Improvements, Parcel #6
Owner(s): The GC Net Lease (Charlotte Research) Investors, L.P.
Property Address: 8740 Research Drive
Total Parcel Area: 740,955 sq. ft. (17.010 ac.)
Property to be acquired by Easements: 23,858.5 sq. ft. (.548 ac.) in Sanitary Sewer Easement, plus 6,266.91 sq. ft. (.144 ac.) in Temporary Construction Easement, plus 17,636.05 sq. ft. (.405 ac.) in Existing Sanitary Sewer Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees
Zoned: RE-2
Use: Laboratory / Research
Tax Code: 047-141-07
Appraised Value: $42,675
Recommendation: Staff is currently waiting on signed documents but to avoid delay in the project schedule, staff recommends proceeding to condemnation during which time negotiations can continue, mediation is available and if necessary, just compensation can be determined by the court.
Council District: 4