Title
Property Transactions - Parkwood Avenue Improvements, Parcel #3
Action
Action: Approve the following Condemnation: Parkwood Avenue Improvements, Parcel #3
Body
Project: Parkwood Avenue Improvements, Parcel #3
Owner(s): Lunayet Inc.
Property Address: 1117 Parkwood Avenue
Total Parcel Area: 8,660 sq. ft. (0.199 ac.)
Property to be acquired by Easements: 120 sq. ft. (0.003 ac.) in Temporary Construction Easement, plus 52 sq. ft. (0.001 ac.) in Utility Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: B-1
Use: Commercial
Tax Code: 083-092-11, <http://polaris3g.mecklenburgcountync.gov/#mat=15135&pid=08309211&gisid=08309211>
Appraised Value: $1,750
Property Owner’s Counteroffer: $2,500
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: 1