Title
Property Transactions - Sugar Creek Road Streetscape, Parcel #1
Action
Action: Approve the following Condemnation: Sugar Creek Road Streetscape, Parcel #1
Body
Project: Sugar Creek Road Streetscape, Parcel #1
Owner(s): Bird Dog Holdings, LLC
Property Address: The Plaza 3945
Total Parcel Area: 18,337 sq. ft. (.421 ac.)
Property to be acquired by Fee: 18,337 sq. ft. (.421 ac.) in Fee Simple
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: R-22MF
Use: Single-family Residential
Tax Code: 091-063-13
Appraised Value: $123,300
Property Owner’s Counteroffer: $395,835
Property Owner’s Concerns: 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 can obtain their own appraisal in order 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