Title
Property Transactions - 25th Street Connection, Parcel #1
Action
Action: Approve the following Condemnation: 25th Street Connection, Parcel #1
Body
Project: 25th Street Connection, Parcel #1
Owner(s): CTJ Properties, LLC
Property Address: 2200 North Brevard Street
Total Parcel Area: 10,920 sq. ft. (.251 ac.)
Property to be acquired by Fee: 417 sq. ft. (.01 ac.) in Fee Simple
Property to be acquired by Easements: 1,539 sq. ft. (.035 ac.) in Utility Easement, plus 1,708 sq. ft. (.039 ac.) in Utility Gas Line Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: I-2
Use: Industrial
Tax Code: 083-053-04
Appraised Value: $117,225
Property Owner’s Concerns: The property owner is concerned with the amount of compensation being offered.
City’s Response to Property Owner’s Concerns: Staff informed the property owner they could obtain their own appraisal to justify the counter offer.
Recommendation: 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: 1