Title
Property Transactions - XCLT Tryon to Orr, Parcel #1
Action
Action: Approve the following Condemnation: XCLT Tryon to Orr, Parcel #1
Body
Project: XCLT Tryon to Orr, Parcel #1
Program: XCLT Tryon to Orr
Owner(s): RJR Investment LLC
Property Address: 4635 North Tryon Street
Total Parcel Area: 54,086 sq. ft. (1.24 ac.)
Property to be acquired by Easements: 2,941 sq. ft. (0.068 ac.) Sidewalk Utility Easement, 9,176 sq. ft. (0.211 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Handicap Sign
Landscaping to be impacted: Trees
Zoned: B-2
Use: Business District
Tax Code: 089-016-09
https://polaris3g.mecklenburgcountync.gov/#mat=134713&pid=08901609&gisid=08901609
Appraised Value: $68,225
Property Owner’s Concerns: The property owner is concerned about the amount of compensation offered
City’s Response to Property Owner’s Concerns: The City informed the property owner they could obtain their own appraisal in order to justify a counteroffer.
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