Title
Property Transactions - Lakeview Road Farm to Market, Parcel #6
Action
Action: Approve the following Acquisition: Lakeview Road Farm to Market, Parcel #6
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 #6
Owner(s): Duke Energy Carolinas, LLC
Property Address: 6055 Lakeview Road
Total Parcel Area: 308,496 sq. ft. (7.082 ac.)
Property to be acquired by Easements: 2,405 sq. ft. (0.055 ac.) in Storm Drainage Easement, plus 5,118 sq. ft. (0.117 ac.) in Sidewalk and Utility Easement, plus 10,055 sq. ft. (0.231 ac.) in Temporary Construction Easement, plus 406 sq. ft. (0.009 ac.) in Sidewalk Utility Easement and Storm Drainage Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees and various plantings
Zoned: I-2
Tax Code: 025-022-08
Purchase Price: $27,675
Council District: 2