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File #: 15-13838    Version: 1 Name:
Type: Consent Item Status: Agenda Ready
File created: 7/17/2020 In control: City Council Business Meeting
On agenda: 8/10/2020 Final action:
Title: Property Transactions - Montford Drive Extension, Parcel #1
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Title

Property Transactions - Montford Drive Extension, Parcel #1

 

Action

Action:                     Approve the following Acquisition: Montford Drive Extension, Parcel #1

 

Body

Project: Montford Drive Extension, Parcel #1


Program: Montford Drive Extension

 

Owner(s): FAEC Holdings LLC                                                               

 

Property Address: 1601 Abbey Place

 

Total Parcel Area: 132,915 sq. ft. (3.05 ac.)

 

Property to be acquired by fee: 10,545 sq. ft.

 

Property to be acquired by Easements: 220 sq. ft. (0.005 ac.) Sidewalk Utility Easement, 14,316 sq. ft. (0.329 ac.) Temporary Construction Easement

 

Structures/Improvements to be impacted: Parking and irrigation system

 

Landscaping to be impacted:  Trees and landscaping

 

Zoned: O-1

 

Use: Office

 

Tax Code: 175-145-27

http://polaris3g.mecklenburgcountync.gov/#mat=49709&pid=17514527&gisid=17514527

 

Purchased Price: $466,883

 

Council District: 6