Title
Property Transactions - Monroe Road Streetscape, Parcel #31
Action
Action: Approve the following Condemnation: Monroe Road Streetscape, Parcel #31
Body
Project: Monroe Road Streetscape, Parcel #31
Program: Monroe Road Streetscape
Owner(s): 1200 The Plaza LLC
Property Address: 4431 Monroe Road
Total Parcel Area: 9,845 sq. ft. (0.23 ac.)
Property to be acquired by Easements: 765 sq. ft. (0.018 ac.) Sidewalk Utility Easement, 780 sq. ft. (0.018 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: None
Landscaping to be impacted: Shrubs
Zoned: B-1
Use: Business District
Tax Code: 159-061-23
https://polaris3g.mecklenburgcountync.gov/#mat=131253&pid=15906123&gisid=15906123
Appraised Value: $9,925
Property Owner’s Concerns: The property owner is concerned about the design of the project and potential impacts to the property.
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.
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