Title
Property Transactions - Monroe Road Streetscape, Parcel #13
Action
Action: Approve the following Condemnation: Monroe Road Streetscape, Parcel #13
Body
Project: Monroe Road Streetscape, Parcel #13
Program: Monroe Road Streetscape
Owner(s): 4229 Monroe Road LLC
Property Address: 4229, 4231 and 4235 Monroe Road
Total Parcel Area: 46,669 sq. ft. (1.07 ac.)
Property to be acquired by Easements: 2,116 sq. ft. (0.055 ac.) Sidewalk Utility Easement, 6,904 sq. ft. (0.16 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Parking spaces
Landscaping to be impacted: Trees and various plantings
Zoned: B-2
Use: Business
Tax Code: 159-061-11
https://polaris3g.mecklenburgcountync.gov/#mat=583165&pid=15906111&gisid=15906111
Appraised Value: $191,900
Property Owner’s Concerns: The property owner is concerned about the potential impacts to the property and the amount of compensation offered.
City’s Response to Property Owner’s Concerns: The City was able to redesign to accommodate some of the property owner’s design requests.
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