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File #: 15-18613    Version: 1 Name:
Type: Consent Item Status: Filed
File created: 8/17/2022 In control: City Council Business Meeting
On agenda: 9/12/2022 Final action: 9/12/2022
Title: Property Transactions - South End Rail Trail/I-277 Pedestrian Bridge, Parcel # 1

Title

Property Transactions - South End Rail Trail/I-277 Pedestrian Bridge, Parcel # 1

 

Action

Action:                     Approve the following Condemnation: South End Rail Trail/I-277 Pedestrian Bridge, Parcel # 1

Body

This property is acquired in accordance with Federal Guidelines 49 CFR Part 24 of the Uniform Acquisition and Relocation Act of 1970. Acquisition costs are eligible for North Carolina Department of Transportation reimbursement and Federal Transit Administration reimbursement.

Project: South End Rail Trail/I-277 Pedestrian Bridge, Parcel # 1


Program: South End Rail Trail/I-277 Pedestrian Bridge

 

Owner(s): CSHV 615 College, LLC

 

Property Address: 615 South College Street

 

Total Parcel Area: 85,307 sq. ft. (1.96 ac.)

 

Property to be acquired by Easements: 1,177 sq. ft. (0.027 ac.) Sidewalk Utility Easement, 3,344 sq. ft. (0.077 ac.) Temporary Construction Easement

 

Structures/Improvements to be impacted: None

 

Landscaping to be impacted:  Various plantings

 

Zoned: UMUD-O

 

Use: Uptown Mixed Use

 

Tax Code: 125-125-06

https://polaris3g.mecklenburgcountync.gov/#mat=655954&pid=12512506&gisid=12512506

 

Appraised Value: $334,525

 

Property Owner’s Concerns: The property owner is concerned about the design of the project and amount of compensation offered.

 

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 and 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