Title
Property Transactions - Bus Stop Improvements at South Tryon at Carowinds, Parcel #1
Action
Action: Approve the following Condemnation: Bus Stop Improvements at South Tryon at Carowinds, Parcel #1
Body
Project: Bus Stop Improvements at South Tryon at Carowinds, Parcel #1
Owner(s): Steele Creek Apartments Property Owner, LLC
Property Address: 13311 Crescent Springs Drive
Total Parcel Area: 1,028,848 sq. ft. (23.619 ac.)
Property to be acquired by Easements: 112 sq. ft. (.003 ac.) in Temporary Construction Easement, plus 117 sq. ft. (.003 ac.) in Bus Stop Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: R-12
Use: Multi Family
Tax Code: 203-152-09
Appraised Value: $100
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: 3