Title
Property Transactions - Elevated Storage Tanks, Parcel # 1
Action
Action: Approve the following Condemnation: Elevated Storage Tanks, Parcel # 1
Body
Project: Elevated Storage Tanks, Parcel # 1
Program: Elevated Storage Tanks
Owner(s): PEG Charlotte Property, LLC
Property Address: 321 W Woodlawn Road
Total Parcel Area: 158,467 sq. ft. (3.638 ac.)
Property to be acquired by Easements: 28,310 sq. ft. (0.650 ac.) Water Line Easement
Structures/Improvements to be impacted: Light poles and wall
Landscaping to be impacted: Trees and various plantings
Zoned: B-2
Use: Business
Parcel Identification Number: 169-033-01
https://polaris3g.mecklenburgcountync.gov/#mat=103692&pid=16903301&gisid=16903301
Appraised Value: $195,525
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: 3