Title
Property Transactions - Idlewild/Monroe Intersection - Phase I, Parcel #18
Action
Action: Approve the following Acquisition: Idlewild/Monroe Intersection - Phase I, Parcel #18
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 #18
Program: Idlewild/Monroe Intersection - Phase I
Owner(s): VW Rebound 2 LLC
Property Address: 4006 Connection Point Boulevard
Total Parcel Area: 95,678 sq. ft. (2.20 ac.)
Property to be acquired by Easements: 206 sq. ft. (0.004 ac) Temporary Construction Easement, 29 sq. ft. (0.000 ac.) Utility Easement, 1,048 sq. ft. (0.024 ac.) Sidewalk Utility Easement, 1,048 sq. ft. (0.024 ac.) Sanitary Sewer and Waterline Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Various plantings
Zoned: MUDD-0
Use: Mixed Use Development
Tax Code: 163-032-57
https://polaris3g.mecklenburgcountync.gov/#mat=587871&pid=16303257&gisid=16303257
Purchased Price: $10,925
Council District: 5