Title
Property Transactions - McCullough Drive Streetscape, Parcels #15 and 16
Action
Action: Approve the following Condemnation: McCullough Drive Streetscape, Parcels #15 and 16
Body
Project: McCullough Drive Streetscape, Parcels #15 and 16
Program: McCullough Drive Streetscape
Owner(s): ATAPCO UEP INC
Property Address: Ikea Boulevard
Total Parcel Area: 181,184 sq. ft. (4.16 ac.)
Property to be acquired by Easements: 4,522 sq. ft. (0.104 ac.) Storm Drainage Easement, 9,193 sq. ft. (0.211 ac.) Sidewalk Utility Easement, 3,251 sq. ft. (0.075 ac.) Temporary Construction Easement
Property to be acquired by Fee simple: 1,667 sq. ft. (0.04 ac.)
Structures/Improvements to be impacted: Sign
Landscaping to be impacted: Trees, various plantings, and brick paver
Zoned: O-15 (CD), TOD-CC
Use: Office, Transit Oriented District
Tax Code: 047-451-24, 047-451-21
http://polaris3g.mecklenburgcountync.gov/#pid=04745124&gisid=04745124
http://polaris3g.mecklenburgcountync.gov/#mat=559701&pid=04745121&gisid=04745121
Appraised Value: $110,650
Property Owner’s Concerns: None
City’s Response to Property Owner’s Concerns: N/A
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: 4