Title
Property Transactions - Idlewild and Monroe Intersection - Phase II, Parcel #29
Action
Action: Approve the following Acquisition: Idlewild and Monroe Intersection - Phase II, Parcel #29
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 #29
Program: Idlewild and Monroe Intersection - Phase II
Owner(s): Walid Asmar and Abdeljabbar Asmar
Property Address: 2449 Knickerbocker Drive
Total Parcel Area: 15,610 sq. ft. (0.36 ac.)
Property to be acquired by Fee: 1,000 sq. ft. (0.023 ac.) Fee Simple
Property to be acquired by Easements: 972 sq. ft. (0.022 ac.) Utility Easement, 914 sq. ft. (0.021 ac.) Retaining Wall Easement, 1,603 sq. ft. (0.037 ac.) Sidewalk Utility Easement, 424 sq. ft. (0.01 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Fence
Landscaping to be impacted: Trees and Shrubs
Zoned: R-3
Use: Single-family Residential
Tax Code: 189-011-13
https://polaris3g.mecklenburgcountync.gov/#mat=84496&pid=18901113&gisid=18901113
Purchased Price: $45,425
Council District: 5