Title
Property Transactions - Lakeview Road Farm to Market, Parcel #17
Action
Action: Approve the following Acquisition: Lakeview Road Farm to Market, Parcel #17
Body
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.
Project: Lakeview Road Farm to Market, Parcel #17
Owner(s): State Employees' Credit Union
Property Address: 6124 and 6134 Lakeview Road
Total Parcel Area: 47,457 sq. ft. (1.089 ac.)
Property to be acquired by Fee: 400 sq. ft. (0.009 ac.) in Fee Simple
Property to be acquired by Easements: 499 sq. ft. (0.011 ac.) in Storm Drainage Easement, and 5,142 sq. ft. (0.118 ac.) in Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: R-MH
Use: Industrial
Tax Code: 037-258-04,
<http://polaris3g.mecklenburgcountync.gov/#pid=03725804&gisid=03725804>
Purchase Price: $18,900
Council District: 2