Title
Aviation Property Transactions - North Side of Old Dowd Road
Action
Action: Approve the following Acquisition: NEAT (North End Around Taxiway) Project
Body
The 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 Federal Aviation Administration Reimbursement.
Project: NEAT (North End Around Taxiway)
Owner(s): Norfolk Southern Railway Company
Property Address: North side of Old Dowd Road, East of I-485 and West of Little Rock Road
Total Parcel Area: 37.98 acres
Property to be acquired by Fee Simple: 114,517 sf (2.629 ac)
Property to be acquired by Easements: Permanent Slope Easements - 79,604 sf (1.8275 ac); Temporary Construction Easements - 23,495 sf (0.5394 ac)
Structures/Improvements to be impacted: None
Landscaping to be impacted: Grass, small shrubs, brush
Zoned: I-2
Use: Industrial
Parcel Identification Number(s): Not defined by Mecklenburg County tax records and a portion of a larger assemblage of Railway controlled by Norfolk Southern Railroad (NSRR).
Purchase Price: $464,000, and all relocation benefits in compliance with Federal, State or Local regulations.
Council District: 3
Attachment: Map