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File #: 15-14565    Version: 1 Name:
Type: Consent Item Status: Agenda Ready
File created: 11/2/2020 In control: City Council Business Meeting
On agenda: 12/14/2020 Final action:
Title: Property Transactions - Idlewild and Monroe Intersection - Phase II, Parcel #40
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Title

Property Transactions - Idlewild and Monroe Intersection - Phase II, Parcel #40

 

Action

Action:                     Approve the following Condemnation: Idlewild and Monroe Intersection - Phase II, Parcel #40

 

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 and Monroe Intersection - Phase II, Parcel #40


Program: Idlewild and Monroe Intersection - Phase II

 

Owner(s): Independence Shopping Center Charlotte NC L.P.

 

Property Address: 5622 East Independence Boulevard

 

Total Parcel Area: 587,632 sq. ft. (13.49 ac.)

 

Property to be acquired by Easements: 2,501 sq. ft. (0.057 ac.) Temporary Construction Easement

 

Structures/Improvements to be impacted: None

 

Landscaping to be impacted:  None                     

 

Zoned: B-2

 

Use: Business

 

Tax Code: 191-011-02 https://polaris3g.mecklenburgcountync.gov/#mat=152655&pid=19101102&gisid=19101102

 

Appraised Value: $9,625

 

Property Owner’s Concerns: The property owner is concerned about the potential impacts to the property and the amount of compensation offered.

 

City’s Response to Property Owner’s Concerns The city explained the rationale of the design and how it meets the objectives for the project and informed the property owner they could obtain their own appraisal in order to justify a counteroffer.

 

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: 5