Title
Property Transactions - Idlewild and Monroe Intersection - Phase I, Parcel #3
Action
Action: Approve the following Condemnation: Idlewild and Monroe Intersection - Phase I, Parcel #3
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 #3
Program: Idlewild and Monroe Intersection - Phase I
Owner(s): Kathleen L. Higgins LLC
Property Address: 5822 Monroe Road
Total Parcel Area: 53,849 sq. ft. (1.24 ac.)
Property to be acquired by Easements: 1,111 sq. ft. (0.026 ac.) Temporary Construction Easement, 1,200 sq. ft. (0.028 ac.) Waterline Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: O-1
Use: Office District
Tax Code: 163-051-22
https://polaris3g.mecklenburgcountync.gov/#mat=576691&pid=16305122&gisid=16305122
Appraised Value: $7,925
Property Owner’s Concerns: The property owner is concerned about the amount of compensation offered.
City’s Response to Property Owner’s Concerns: The city 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