Title
Property Transactions - Bryant Farms Rd Extension, Phase 1, Parcel # 3
Action
Action: Approve the following Condemnation: Bryant Farms Rd Extension, Phase 1, Parcel # 3
Body
Project: Bryant Farms Rd Extension, Phase 1, Parcel # 3
Program: Bryant Farms Rd Extension, Phase 1
Owner(s): Nisbet Oil Company
Property Address: 11924 Elm Lane
Total Parcel Area: 73,364 sq. ft. (1.684 ac.)
Property to be acquired by Fee Simple: 3,496 sq. ft. (0.080 ac.) Fee Simple outside existing ROW
Property to be acquired by Easements: 3,067 sq. ft. (0.070 ac.) Utility Easement, 185 sq. ft. (0.004 ac.) Sidewalk Utility Easement and 7,702 sq. ft. (0.177 ac.) Temporary Construction Easement
Structures/Improvements to be impacted: Asphalt paving and lights
Landscaping to be impacted: Tree and various plantings
Zoned: CG
Use: Commercial
Parcel Identification Number: 223-282-86
https://polaris3g.mecklenburgcountync.gov/#mat=22184&pid=22328286&gisid=22328286
Appraised Value: $120,700
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 or provide supporting documentation to justify their counteroffer. The city continues to negotiate with the property owner.
Recommendation: 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: 7
Attachments
Attachment(s): Map