Title
Property Transactions - Five Points Plaza Improvements, Parcel #3
Action
Action: Approve the following Condemnation: Five Points Plaza Improvements, Parcel #3
Body
Project: Five Points Plaza Improvements, Parcel #3
Owner(s): Charlotte-Mecklenburg Hospital Authority
Property Address: 1801 Rozzelles Ferry Road
Total Parcel Area: 24,490 sq. ft. (.562 ac.)
Property to be acquired by Fee: 2,169 sq. ft. (.05 ac.) in Fee Simple
Property to be acquired by Easements: 880 sq. ft. (.02 ac.) in Temporary
Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees and Shrubs
Zoned: NS
Use: Commercial
Tax Code: 071-106-03
Appraised Value: $110,325
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: 2