Title
Property Transactions - Lakeview-Reames Intersection Improvements, Parcel #29
Action
Action: Approve the following Condemnation: Lakeview-Reames Intersection Improvements, Parcel #29
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 #29
Owner(s): Heirs of Robert Dennis Hill
Property Address: 5000 Lakeview Road
Total Parcel Area: 135,056 sq. ft. (3.100 ac.)
Property to be acquired by Fee: 2,487 sq. ft. (0.057 ac.) in Fee Simple, plus 4,106 sq. ft. (0.094 ac.) in Fee Simple within Existing Right-of-Way
Property to be acquired by Easements: 1,853 sq. ft. (0.043 ac.) in Sidewalk and Utility Easement, plus 1,970 sq. ft. (0.045 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: 037-163-08
Appraised Value: $2,600
Recommendation: To obtain clear title and avoid delay in the project schedule, the recommendation is to proceed to condemnation.
Council District: 2