Title
Property Transactions - Lakeview-Reames Intersection Improvements, Parcel #21
Action
Action: Approve the following Condemnation: Lakeview-Reames Intersection Improvements, Parcel #21
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.
Body
Project: Lakeview-Reames Intersection Improvements, Parcel #21
Owner(s): Rhonda Oliver Monaghan, Jerry Radford Oliver, Jr. et al.
Property Address: Trinity Road
Total Parcel Area: 27,217 sq. ft. (.625 ac.)
Property to be acquired by Fee: 1,182 sq. ft. (.027 ac.) in Fee Simple, plus 14,324 sq. ft. (.329 ac.) in Fee Simple within Existing Right-of-Way
Property to be acquired by Easements: 1,025 sq. ft. (.024 ac.) in Sidewalk and Utility Easement, plus 570 sq. ft. (.013 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: R-3
Use: Single-family Residential
Tax Code: 037-155-12
Appraised Value: $1,025
Recommendation: To obtain clear title and avoid delay in the project schedule, staff recommends proceeding to condemnation.
Council District: 2