Title
Property Transactions - Monroe Road Streetscape, parcel #5
Action
Action: Approve the following Condemnation: Monroe Road Streetscape, parcel #5
Body
Project: Monroe Road Streetscape, parcel #5
Program: Monroe Road Streetscape
Owner(s): Extra Space Properties Two LLC
Property Address: 1350 North Wendover Road and 4100 Monroe Road
Total Parcel Area: 196,932 sq. ft. (4.52 ac.)
Property to be acquired by Easements: 941 sq. ft. (0.022 ac.) Sidewalk Utility Easement, 3,601 sq. ft. (0.083 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Sign
Landscaping to be impacted: None
Zoned: I-2
Use: Industrial
Tax Code: 159-046-09
https://polaris3g.mecklenburgcountync.gov/#mat=122413&pid=15904609&gisid=15904609
Appraised Value: $53,675
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: 1