Title
Property Transactions - Lakeview Road Farm to Market, Parcel #12
Action
Action: Approve the following Condemnation: Lakeview Road Farm to Market, Parcel #12
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 Road Farm to Market, Parcel #12
Owner(s): LC Concrete and Masonry, Inc.
Property Address: 5626 Lakeview Road
Total Parcel Area: 207,011 sq. ft. (4.752 ac.)
Property to be acquired by Easements: 497 sq. ft. (0.011 ac.) in Temporary Construction Easement, plus 342 sq. ft. (0.008 ac.) in Utility Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: I-2
Use: Industrial
Tax Code: 037-333-04
Appraised Value: $750
Recommendation: To obtain clear title and avoid delay in the project schedule, the recommendation is to proceed to condemnation.
Council District: 2