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File #: 15-16565    Version: 1 Name:
Type: Consent Item Status: Approved
File created: 10/5/2021 In control: City Council Business Meeting
On agenda: 10/11/2021 Final action: 10/11/2021
Title: Property Transactions - Shade Valley Road Realignment and Roundabout, Parcel #17 and 19 (Revised)
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideoAudio
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Title

Property Transactions - Shade Valley Road Realignment and Roundabout, Parcel #17 and 19 (Revised)

 

Action

Action:                     Approve the following Condemnation: Shade Valley Road Realignment and Roundabout, Parcel #17 and 19

 

Body

Project: Shade Valley Road Realignment and Roundabout, Parcel #17 and 19


Program: Shade Valley Road Realignment and Roundabout

 

Owner(s): Lake Hills Apartments LP

 

Property Address: 2200-2218 and 2301 Shade Valley Road

 

Total Parcel Area: 258,855 sq. ft. (5.94 ac.)

 

Property to be acquired by Fee: 95 sq. ft. (0.002 ac.) Fee Simple

 

Property to be acquired by Easements: 3,569 sq. ft. (0.08 ac.) Sidewalk Utility Easement, 8,834 sq. ft. (0.20 ac.) Temporary Construction Easement, 1,017 sq. ft. (0.02 ac.) Storm Drainage Easement, and 7,417 sq. ft. (0.17 ac.) Post Construction Controls Easement

 

Structures/Improvements to be impacted: None

 

Landscaping to be impacted:  Trees and various plantings

 

Zoned: R-17 MF

 

Use: Multi-family Residential

 

Tax Code: 161-051-32, 161-052-33

https://polaris3g.mecklenburgcountync.gov/#mat=139605&pid=16105113&gisid=16105113

https://polaris3g.mecklenburgcountync.gov/#mat=411891&pid=16105233&gisid=16105233

 

Appraised Value $134,575

 

Property Owner’s Concerns: The property owner is concerned about the design of the project 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