Title
Property Transactions - I-85 North Bridge, Parcel #1
Action
Action: Approve the following Condemnation: I-85 North Bridge, Parcel #1
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 #1
Program: I-85 North Bridge
Owner(s): DXC Technology Services LLC
Property Address: 9014 Research Drive
Total Parcel Area: 353,250 sq. ft. (8.109 ac.)
Property to be acquired by Fee: 3,835 sq. ft. (0.088 ac.) in Fee Simple
Property to be acquired by Easements: 1,587 sq. ft. (0.036 ac.) in Storm Drainage Easement, plus 9,402 sq. ft. (0.216 ac.) in Sidewalk and Utility Easement, plus 2,880 sq. ft. (0.066 ac.) in Waterline Easement, plus 8,516 sq. ft. (0.196 ac.) in Temporary Construction Easement, plus 2,402 sq. ft. (0.055 ac.) in Utility Easement, plus 7,629 sq. ft. (.175 ac.) in Retaining Wall Easement.
Structures/Improvements to be impacted: Fence and irrigation system
Landscaping to be impacted: Trees and various plantings
Zoned: RE-2
Use: Laboratory / Research
Tax Code: 047-141-15
http://polaris3g.mecklenburgcountync.gov/#mat=212509&pid=04714115&gisid=04714115
Appraised Value: $119,900
Property Owner’s Concerns: The property owner is concerned about the amount of compensation offered and potential impacts to the property.
City’s Response to Property Owner’s Concerns: The city informed the property owner's representative that they could obtain their own appraisal to justify a counteroffer.
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