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File #: 15-14115    Version: 1 Name:
Type: Consent Item Status: Agenda Ready
File created: 9/4/2020 In control: City Council Business Meeting
On agenda: 9/28/2020 Final action:
Title: Property Transactions - Idlewild/Monroe Intersection - Phase I, Parcel #9
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Title

Property Transactions - Idlewild/Monroe Intersection - Phase I, Parcel #9

 

Action

Action:                     Approve the following Acquisition: Idlewild/Monroe Intersection - Phase I, Parcel #9

 

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: Idlewild/Monroe Intersection - Phase I, Parcel #9


Program: Idlewild/Monroe Intersection - Phase I

 

Owner(s): 5936 Monroe Road LLC

 

Property Address: 5936 Monroe Road

 

Total Parcel Area: 16,582 sq. ft. (0.38 ac.)

 

Property to be acquired by Fee: 531 sq. ft. (0.012 ac.) Fee Simple

 

Property to be acquired by Easements: 933 sq. ft. (0.021 ac.) Utility Easement, 1,124 sq. ft. (0.026 ac.) Sidewalk Utility Easement, 117 sq. ft. (0.003 ac.) Temporary Construction Easement, 190 sq. ft. (0.004 ac.) Retaining Wall Easement, 1,124 sq. ft. (0.026 ac.) Waterline Easement

 

Structures/Improvements to be impacted: Sign on brick columns

 

Landscaping to be impacted:  None

 

Zoned: O-1

 

Use: Office

 

Tax Code: 163-05C-98

https://polaris3g.mecklenburgcountync.gov/#mat=240263&pid=16305160&gisid=16305C98

 

Purchased Price: $21,175

 

Council District: 5