Title
Property Transactions - Rea Road Widening, Parcel # 5
Action
Action: Approve the following Condemnation: Rea Road Widening, Parcel # 5
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: Rea Road Widening (I-485 to Williams Pond Lane), Parcel # 5
Program: Rea Road Widening (I-485 to Williams Pond Lane)
Owner(s): Peter J. Jugis, Bishop of the Roman Catholic Diocese of Charlotte, NC
Property Address: 7825 Ballantyne Commons Parkway
Total Parcel Area: 111,815 sq. ft. (2.567 ac.)
Property to be acquired by Easements: 1,822 sq. ft. (0.042 ac.) Sidewalk Utility Easement, 3,716 sq. ft. (0.085 ac.) Permanent Utility Easement, 320 sq. ft. (0.007 ac.) Storm Drainage Easement and 3,515 sq. ft. (0.081 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees and various plantings
Zoned: O1-CD
Use: Office District
Parcel Identification Number(s): 225-044-33
https://polaris3g.mecklenburgcountync.gov/#mat=559812&pid=22504433&gisid=22504433
Appraised Value: $110,125
Property Owner’s Concerns: None
City’s Response to Property Owner’s Concerns: The city’s offer is under review by 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: 7
Attachments
Attachment(s): Map