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File #: 15-21804    Version: 1 Name:
Type: Consent - Property Transaction Status: Approved
File created: 12/21/2023 In control: City Council Business Meeting
On agenda: 2/26/2024 Final action: 2/26/2024
Title: Aviation Property Transactions - 4330 Keeter Drive


Aviation Property Transactions - 4330 Keeter Drive



Action:                     Approve the following Acquisition: 4330 Keeter Drive


The property is acquired in accordance with Federal Regulations in 49 C.F.R. Part 24 that implement the Uniform Acquisition and Relocation Act of 1970.  Acquisition costs are eligible for Federal Aviation Administration Reimbursement.  


Project: Aviation Master Plan


Program: N/A


Owner(s): Jharna Enterprises, LLC


Property Address: 4330 Keeter Drive


Total Parcel Area: 1.689 acres (73,573 sq ft)


Property to be acquired by Easements: None


Structures/Improvements to be impacted: Hotel/motel<7 floors


Landscaping to be impacted:  None


Zoned: ML-1


Use: Hotel/motel<7 floors


Parcel Identification Number(s): 055-369-51


Purchase Price: $3,100,000 and all relocation benefits in compliance with Federal, State or Local regulations.


Council District:  3