Title
Property Transactions - West Mallard Creek Church Sidewalk, Parcels #5 and 6
Action
Action: Approve the following Condemnation: West Mallard Creek Church Sidewalk, Parcels #5 and 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: West Mallard Creek Church Sidewalk, Parcels #5 and 6
Owner(s): Crescent Acquisitions, LLC
Property Address: 2615 and 2411 West Mallard Creek Church Road
Total Parcel Area: 726,876 sq. ft. (16.687 ac.)
Property to be acquired by Easements: 483 sq. ft. (0.011 ac.) in Storm Drainage Easement, plus 290 sq. ft. (0.007 ac.) in Sidewalk and Utility Easement, plus 5,109 sq. ft. (0.117 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees
Zoned: RE-2
Use: Laboratory / Research
Tax Code: 047-162-11, 047-162-05
Appraised Value: $4,825
Outstanding Concerns: Property owner and the city are working through the agreement language.
Recommendation: To proceed with the project schedule, the recommendation is to proceed to condemnation during which time negotiations can continue, mediation is available and if necessary, just compensation can be determined by the court.
Council District: 4