Title
Property Transactions - I-85 North Bridge, Parcel #6.1
Action
Action: Approve the following Acquisition: I-85 North Bridge, Parcel #6.1
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 #6.1
Owner(s): Sams Real Estate Business Trust
Property Address: 605 Doug Mayes Place
Total Parcel Area: 522,678 sq. ft. (11.999 ac.)
Property to be acquired by Easements: 12,192 sq. ft. (0.28 ac.) in Post Construction Controls Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: CC
Use: Commercial
Tax Code: 047-201-39
https://polaris3g.mecklenburgcountync.gov/#mat=371783&pid=04720139&gisid=04720139
Purchase Price: $43,900
Council District: 4