Title
Property Transactions - Monroe Road Streetscape, Parcel #26
Action
Action: Approve the following Condemnation: Monroe Road Streetscape, Parcel #26
Body
Project: Monroe Road Streetscape, Parcel #26
Program: Monroe Road Streetscape
Owner(s): Oakhurst Investments LLC
Property Address: 4415 Monroe Road
Total Parcel Area: 26,529 sq. ft. (0.60 ac.)
Property to be acquired by Easements: 720 sq. ft. (0.017 ac.) Utility Easement, 966 sq. ft. (0.022 ac.) Sidewalk Utility Easement, 373 sq. ft. (0.009 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Sign
Landscaping to be impacted: Trees and shrubs
Zoned: B-1
Use: Business
Tax Code: 159-061-18
https://polaris3g.mecklenburgcountync.gov/#mat=130614&pid=15906118&gisid=15906118
Appraised Value: $32,700
Property Owner’s Concerns: Unknown, no response received.
Outstanding Concerns: Property owner is unresponsive.
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