Title
Property Transactions - Colwick Road Sidewalk Gaps, Parcel #1
Action
Action: Approve the following Condemnation: Colwick Road Sidewalk Gaps, Parcel #1
Body
Project: Colwick Road Sidewalk Gaps, Parcel #1
Owner(s): Shick N. Lee and Lai N. Lee
Property Address: 4408 Colwick Road
Total Parcel Area: 14,597 sq. ft. (.335 ac.)
Property to be acquired by Easements: 259 sq. ft. (.006 ac.) in Sidewalk and Utility Easement, plus 467 sq. ft. (.011 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees
Zoned: B-1
Use: Commercial
Tax Code: 157-173-09
Appraised Value: $2,625
Property Owner’s Counteroffer: $8,900
Property Owner’s Concerns: The property owner is concerned with the amount of compensation offered.
City’s Response to Property Owner’s Concerns: Staff explained they could obtain their own appraisal in order to justify a counter offer.
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: 1