Title
Property Transactions - Morris Field Bridge Replacement, parcel #4
Action
Action: Approve the following Acquisition: Morris Field Bridge Replacement, parcel #4
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: Morris Field Bridge Replacement, parcel #4
Program: Morris Field Bridge Replacement
Owner(s): BIN - WB4101 LLC
Property Address: 3925 Morris Field Drive
Total Parcel Area: 212,564 sq. ft. (4.87 ac.)
Property to be acquired by fee: 1,977 sq. ft. (0.05 ac.) Fee Simple
Property to be acquired by Easements: 7,853 sq. ft. (0.18 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Fence
Landscaping to be impacted: Trees and various plantings
Zoned: I-2
Use: Industrial
Tax Code: 117-111-11
https://polaris3g.mecklenburgcountync.gov/#mat=633032&pid=11711111&gisid=11711111
Purchase Price: $18,925
Council District: 3