Title
Property Transactions - Lakeview Road Farm to Market, Parcel #8
Action
Action: Approve the following Condemnation: Lakeview Road Farm to Market, Parcel #8
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 #8
Owner(s): SCG Harris Ridge, LLC
Property Address: 6125 and 6135 Lakeview Road
Total Parcel Area: 687,756 sq. ft. (15.789 ac.)
Property to be acquired by Easements: 3,679 sq. ft. (0.084 ac.) in Sidewalk and Utility Easement, plus 3,114 sq. ft. (0.071 ac.) in Temporary Construction Easement, plus 113 sq. ft. (0.003 ac.) in Utility Easement
Structures/Improvements to be impacted: Sign
Landscaping to be impacted: Trees and various plantings
Zoned: I-2
Use: Industrial
Tax Code: 025-022-06,
<http://polaris3g.mecklenburgcountync.gov/#mat=521909&pid=02502206&gisid=02502206>
Appraised Value: $20,975
Recommendation: To avoid delay in 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: 2