Title
Property Transactions - Idlewild/Monroe Intersection - Phase II, Parcel #26
Action
Action: Approve the following Acquisition: Idlewild/Monroe Intersection - Phase II, Parcel #26
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 II, Parcel #26
Program: Idlewild/Monroe Intersection - Phase II
Owner(s): Scott Andrew Kovach and Alexandra Kovach
Property Address: 6300 Monroe Road
Total Parcel Area: 28,918 sq. ft. (0.66 ac.)
Property to be acquired by Fee: 1,798 sq. ft. (0.04 ac.) Fee Simple
Property to be acquired by Easements: 1,997 sq. ft. (0.046 ac.) Utility Easement, 1,269 sq. ft. (0.029 ac.) Sidewalk Utility Easement, 876 sq. ft. (0.02 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: N/A
Landscaping to be impacted: Trees
Zoned: R-3
Use: Single-family Residential
Tax Code: 189-011-01
https://polaris3g.mecklenburgcountync.gov/#mat=84432&pid=18901206&gisid=18901206
Purchase Price: $40,500
Council District: 5