Title
Property Transactions - Sardis Lane Bridge Replacement, Parcel #2
Action
Action: Approve the following Acquisition: Sardis Lane Bridge Replacement, Parcel #2
Body
This property is acquired in accordance with Federal Guidelines 49 CFR Part 24 of the Uniform Acquisition and Relocation Act of 1970. Acquisition costs are eligible for North Carolina Department of Transportation reimbursement and Federal Transit Administration reimbursement.
Project: Sardis Lane Bridge Replacement, Parcel #2
Owner(s): Karen D. Rosenheimer and Robert L. Rosenheimer
Property Address: 701 Sardis Lane
Total Parcel Area: 59,331 sq. ft. (1.362 ac.)
Property to be acquired by Fee: 2,062 sq. ft. (.047 ac.) in Fee Simple
Property to be acquired by Easements: 230 sq. ft. (.005 ac.) in Storm Drainage Easement, plus 2,530 sq. ft. (.058 ac.) in Temporary Construction Easement, plus 4,637 sq. ft. (.106 ac.) in Utility Easement
Structures/Improvements to be impacted: Exterior Flood Light
Landscaping to be impacted: Trees
Zoned: R-3
Use: Single-family Residential
Tax Code: 187-291-26
Purchase Price: $52,925
Council District: 6