Title
Aviation Property Transactions - 4330 Keeter Drive
Action
Action: Approve the following Acquisition: 4330 Keeter Drive
Body
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
https://polaris3g.mecklenburgcountync.gov/#mat=232193&pid=05536951&gisid=05536951
Purchase Price: $3,100,000 and all relocation benefits in compliance with Federal, State or Local regulations.
Council District: 3