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File #: 15-13281    Version: 1 Name:
Type: Consent Item Status: Agenda Ready
File created: 5/1/2020 In control: City Council Business Meeting
On agenda: 5/26/2020 Final action:
Title: Property Transactions - I-85 North Bridge, Parcel #11
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Property Transactions - I-85 North Bridge, Parcel #11



Action:                     Approve the following Acquisition: I-85 North Bridge, Parcel #11



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


Purchased Price: $60,325


Council District: 4