Title
Property Transactions - University City Boulevard Water Main to serve 11820, Parcel #1
Action
Action: Approve the following Condemnation: University City Boulevard Water Main to serve 11820, Parcel #1
Body
Project: University City Boulevard Water Main to serve 11820, Parcel #1
Owner(s): Highway 49, LLC
Property Address: 1844 Cabarrus Farm Road
Total Parcel Area: 497,202 sq. ft. (11.414 ac.)
Property to be acquired by Easements: 22,241 sq. ft. (.511 ac.) in Waterline Easement, plus 2,103 sq. ft. (.048 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees and various plantings
Zoned: MX-2
Use: Multi-family
Tax Code: 051-111-12
Appraised Value: $38,875
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 (Mint Hill)