Title
Property Transactions - Shade Valley Road Realignment and Roundabout, Parcel #11
Action
Action: Approve the following Condemnation: Shade Valley Road Realignment and Roundabout, Parcel #11
Body
Project: Shade Valley Road Realignment and Roundabout, Parcel #11
Program: Shade Valley Road Realignment and Roundabout
Owner(s): Dane and Romeo LLC
Property Address: 4927 Monroe Road
Total Parcel Area: 15,669 sq. ft. (0.36 ac.)
Property to be acquired by Fee: 741 sq. ft. (0.02 ac.) Fee Simple
Property to be acquired by Easements: 623 sq. ft. (0.014 ac.) Sidewalk Utility Easement, 1,838 sq. ft. (0.042 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Parking and driveway
Landscaping to be impacted: Trees and various plantings
Zoned: O-2
Use: Office District
Tax Code: 161-051-11
https://polaris3g.mecklenburgcountync.gov/#mat=139382&pid=16105111&gisid=16105111
Appraised Value $32,950
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: 5