Title
Property Transactions - Beards Creek Sewer Replacement, Parcel #8
Action
Action: Approve the following Condemnation: Beards Creek Sewer Replacement, Parcel #8
Body
Project: Beards Creek Sewer Replacement, Parcel #8
Owner(s): IA Matthews Sycamore, LLC
Property Address: 10530 Northeast Parkway
Total Parcel Area: 1,902,894 sq. ft. (43.684 ac.)
Property to be acquired by Easements: 40,917 sq. ft. (.939 ac.) in Sanitary Sewer Easement, plus 63,099 sq. ft. (1.449 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: B-1S(CD)
Use: Commercial
Tax Code: 193-521-07
Appraised Value: $158,325
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 (Matthews)