Title
Property Transactions - I-85 North Bridge, Parcel #11
Action
Action: Approve the following Acquisition: I-85 North Bridge, Parcel #11
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 and Federal Transit Administration reimbursement.
Project: I-85 North Bridge, Parcel #11
Owner(s): BellSouth Telecommunications LLC
Property Address: 9139 Research Drive
Total Parcel Area: 700,880 sq. ft. (16.090 ac.)
Property to be acquired by Easements: 693 sq. ft. (0.016 ac.) in Sidewalk and Utility Easement, plus 423 sq. ft. (0.01 ac.) in Waterline Easement, plus 32,930 sq. ft. (0.756 ac.) in Temporary Construction Easement, plus 2,741 sq. ft. (0.063 ac.) in Utility Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: RE-2
Use: Laboratory / Research
Tax Code: 047-401-05
http://polaris3g.mecklenburgcountync.gov/#mat=215444&pid=04740105&gisid=04740105
Purchased Price: $60,325
Council District: 4