Title
Property Transactions - Idlewild/Monroe Intersection - Phase I, Parcel #7
Action
Action: Approve the following Acquisition: Idlewild/Monroe Intersection - Phase I, Parcel #7
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 #7
Program: Idlewild/Monroe Intersection - Phase I
Owner(s): Richard Latorre
Property Address: 5831 Monroe Road
Total Parcel Area: 23,267 sq. ft. (0.53 ac.)
Property to be acquired by Easements: 2,930 sq. ft. (0.067 ac.) Sidewalk Utility Easement, 2,057 sq. ft. (0.047 ac.) Temporary Construction Easement, 2,930 sq. ft. (0.067 ac.) Waterline Easement
Structures/Improvements to be impacted: N/A
Landscaping to be impacted: Trees
Zoned: O-1 (CD)
Use: Office District
Tax Code: 163-031-14
https://polaris3g.mecklenburgcountync.gov/#mat=156378&pid=16303114&gisid=16303114
Purchase Price: $23,000
Council District: 5