Title
Property Transactions - 24" Water Main South Street Davidson - Phase II, Parcel #5.2
Action
Action: Approve the following Condemnation: 24" Water Main South Street Davidson - Phase II, Parcel #5.2
Body
Project: 24" Water Main South Street Davidson - Phase II, Parcel #5.2
Owner(s): Antiquity, LLC
Property Address: 11921 Field Street
Total Parcel Area: 175,673 sq. ft. (4.033 ac.)
Property to be acquired by Easements: 4,903.69 sq. ft. (.113 ac.) in Waterline Easement, plus 2,189.24 sq. ft. (.05 ac.) in Temporary Construction Easement, plus 1,984.32 sq. ft. (.046 ac.) in Temporary Construction Easement inside Proposed Public Right of Way, plus 4,044.94 sq. ft. (.093 ac.) in Water Line Easement inside Proposed Public Right of Way
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees
Zoned: TC
Use: Single-family Residential
Tax Code: 007-511-09
Appraised Value: $32,175
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: N/A (Cornelius)