Title
Property Transactions - Montford Drive Extension, Parcel #4
Action
Action: Approve the following Condemnation: Montford Drive Extension, Parcel #4
Body
Project: Montford Drive Extension, Parcel #4
Program: Montford Drive Extension
Owner(s): Grahams office condominiums association
Property Address: 4523 and 4525 Park Road
Total Parcel Area: 79,117 sq. ft. (1.82 ac.)
Property to be acquired by Fee: 233 sq. ft. (0.005 ac.) Fee Simple
Property to be acquired by Easements: 1,197 sq. ft. (0.027 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Trees and various plantings
Zoned: O-1
Use: Office District
Tax Code: 175-14C-99
https://polaris3g.mecklenburgcountync.gov/#mat=436141&pid=17514509&gisid=17514C99
Appraised Value: $20,450
Property Owner’s Concerns: None
City’s Response to Property Owner’s Concerns: N/A
Recommendation: To avoid delay in the project schedule, the recommendation is to proceed to condemnation during which time negotiations can continue, mediation is available and if necessary, just compensation can be determined by the court.
Council District: 6