Title
Property Transactions - Tuckaseegee-Berryhill-Thrift Roundabout, Parcel #10
Action
Action: Approve the following Condemnation: Tuckaseegee-Berryhill-Thrift Roundabout, Parcel #10
Body
Project: Tuckaseegee-Berryhill-Thrift Roundabout, Parcel #10
Owner(s): J.R. Cole Properties
Property Address: 1304 Berryhill Road
Total Parcel Area: 165,219 sq. ft. (3.793 ac.)
Property to be acquired by Fee: 759 sq. ft. (.017 ac.) in Fee Simple
Property to be acquired by Easements: 2,661 sq. ft. (.061 ac.) in Sidewalk and Utility Easement, plus 1,786 sq. ft. (.041 ac.) in Temporary Construction Easement, plus 91 sq. ft. (.002 ac.) in Utility Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: I-1
Use: Industrial
Tax Code: 071-063-01
Appraised Value: $4,250
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: 3