Title
Property Transactions - Idlewild/Monroe Intersection - Phase I, Parcel #10
Action
Action: Approve the following Acquisition: Idlewild/Monroe Intersection - Phase I, Parcel #10
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 #10
Program: Idlewild/Monroe Intersection - Phase I
Owner(s): The Truth Buddhist Society Charlotte
Property Address: 5909 Monroe Road
Total Parcel Area: 55,216 sq. ft. (1.27 ac.)
Property to be acquired by Easements: 48 sq. ft. (0.001 ac.) Bus Stop Improvement Easement, 397 sq. ft. (0.009 ac.) Utility Easement, 5,579 sq. ft. (0.128 ac.) Sidewalk Utility Easement, 4,797 sq. ft. (0.11 ac.) Temporary Construction Easement, 5,902 sq. ft. (0.135 ac.) Waterline Easement
Structures/Improvements to be impacted: Sign
Landscaping to be impacted: Trees and bushes
Zoned: R-4
Use: Single-family Residential
Tax Code: 163-032-10
https://polaris3g.mecklenburgcountync.gov/#mat=425676&pid=16303210&gisid=16303210
Purchase Price: $64,565
Council District: 5