Title
Property Transactions - Monroe Road Streetscape, Parcel #40, 41, 42, and 43
Action
Action: Approve the following Condemnation: Monroe Road Streetscape, Parcel #40, 41, 42, and 43
Body
Project: Monroe Road Streetscape, Parcel #40, 41, 42, and 43
Program: Monroe Road Streetscape
Owner(s): Monroe Road Investors LLC
Property Address: 4726, 4732, 0 and 4800 Monroe Road
Total Parcel Area: 46,760 sq. ft. (1.07 ac.)
Property to be acquired by Easements: 3,155 sq. ft. (0.07 ac.) Sidewalk Utility Easement, 3,287 sq. ft. (0.08 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Sign
Landscaping to be impacted: None
Zoned: B-1
Use: Business
Tax Code: 161-082-20, 161-082-19, 161-082-18, 161-082-17
https://polaris3g.mecklenburgcountync.gov/#mat=136154&pid=16108220&gisid=16108220
https://polaris3g.mecklenburgcountync.gov/#mat=622636&pid=16108219&gisid=16108219
https://polaris3g.mecklenburgcountync.gov/#pid=16108218&gisid=16108218
https://polaris3g.mecklenburgcountync.gov/#mat=136724&pid=16108217&gisid=16108217
Appraised Value: $138,300
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