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File #: 15-14446    Version: 1 Name:
Type: Consent Item Status: Agenda Ready
File created: 10/19/2020 In control: City Council Business Meeting
On agenda: 11/9/2020 Final action:
Title: Property Transactions - Idlewild/Monroe Intersection - Phase I, Parcel #10
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Property Transactions - Idlewild/Monroe Intersection - Phase I, Parcel #10



Action:                     Approve the following Acquisition: Idlewild/Monroe Intersection - Phase I, Parcel #10


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


Purchase Price: $64,565


Council District: 5