Title
Property Transactions - McAlpine Creek Relief Sewer Phase IV, Parcel #196
Action
Action: Approve the following Condemnation: McAlpine Creek Relief Sewer Phase IV, Parcel #196
Body
Project: McAlpine Creek Relief Sewer Phase IV, Parcel #196
Owner(s): Realty Income Properties 25, LLC
Property Address: 7700 Krefeld Drive
Total Parcel Area: 684,023 sq. ft. (15.703 ac.)
Property to be acquired by Easements: 9,500 sq. ft. (.218 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees and various plantings
Zoned: B-2(CD)
Use: Commercial
Tax Code: 193-073-01
Appraised Value: $30,150
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: 5