Title
Property Transactions - XCLT Orr Road to Rocky River Road, Parcel #12
Action
Action: Approve the following Condemnation: XCLT Orr Road to Rocky River Road, Parcel #12
Body
Project: XCLT Orr Road to Rocky River Road, Parcel #12
Program: XCLT Orr Road to Rocky River Road
Owner(s): National Retail Properties LP of North Carolina and The Esten Jennings Mason Trust Agreement Dated July 28, 1989
Property Address: 0 North Tryon Street
Total Parcel Area: 621,210 sq. ft. (14.26 ac.)
Property to be acquired by Easements: 14,446 sq. ft. (0.332 ac.) Greenway Easement, 12,287 sq. ft. (0.282 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: None
Zoned: I-2
Use: Industry
Tax Code: 049-021-19
https://polaris3g.mecklenburgcountync.gov/#pid=04902119&gisid=04902119
Appraised Value: $32,225
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: 4