U also unlock Title
Property Transactions - Idlewild and Monroe Intersection - Phase I, Parcel #11
Action
Action: Approve the following Condemnation: Idlewild and Monroe Intersection - Phase I, Parcel #11
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 I, Parcel #11
Program: Idlewild and Monroe Intersection - Phase I
Owner(s): Jethem Investments LLC
Property Address: 5940 Monroe Road
Total Parcel Area: 23,794 sq. ft. (0.55 ac.)
Property to be acquired by Fee: 1,479 sq. ft. (0.03 ac.) Fee Simple
Property to be acquired by Easements: 1,124 sq. ft. (0.026 ac.) Utility Easement, 289 sq. ft. (0.007 ac.) Retaining Wall Easement, 1,539 sq. ft. (0.035 ac.) Sidewalk Utility Easement, 2,144 sq. ft. (0.049 ac.) Temporary Construction Easement, 1,539 sq. ft. (0.035 ac.) Waterline Easement
Structures/Improvements to be impacted: Sign and stamped driveway
Landscaping to be impacted: Trees
Zoned: O-1
Use: Office District
Tax Code: 163-051-98 https://polaris3g.mecklenburgcountync.gov/#mat=619290&pid=16305198&gisid=16305198
Appraised Value: $65,275
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.
Counci...
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