Title
Resolution Approving Appraisal in the Amount of $19,999 and Authorizing Purchase of Property Located at 2750 Horse Pen Creek Road for the Horse Pen Creek Road Widening Project
Body
Department: Engineering & Inspections
Council District: 4
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Ted Partrick 373-2302
Contact 2 and Phone: Adam Fischer 373-2861
PURPOSE:
The Property Management Section of the Engineering & Inspections Department is in the process of acquiring right of way and easements for the Horse Pen Creek Road Widening Project. City Council approval is requested for the acquisition of this property.
BACKGROUND:
The Transportation Department has approved the widening of Horse Pen Creek Road with construction beginning in 2016. The City Council authorized this roadway improvement project at a public meeting on March 15, 2011.
The widening of Horse Pen Creek Road will accommodate projected future traffic volumes caused by anticipated growth along the corridor and in northwest Greensboro. Congested conditions occur during peak travel periods and the current traffic volume greatly exceeds the capacity of the existing roadway. The proposed project will relieve congestion on Battleground Avenue, improve safety throughout the corridor, and provide enhanced pedestrian and bicycle mobility. The roadway will be widened from two lanes to four lanes with curb and gutter, sidewalks, bicycle lanes, and a raised landscaped median.
The subject property is parcel #0076326, located at 2750 Horse Pen Creek Road and is owned by Jennifer N. Cox. The portion of property to be acquired was appraised by Jeffrey McKee of Colvin, Sutton, Winters & Associates, LLC and valued at $19,999. The owner agreed to accept the appraised value.
The property is zoned R-3, Residential Single Family, and is within the General Watershed Area Overlay. The margin tract is 16,580 Sq. Ft. (.38 acres, of which 11,257 Sq. Ft., or .25 acres, is in the present margin), Permanent Slope Easement of 9,096 Sq. Ft. (.20 acres), and 5,709 Sq. Ft. of Temporary Construction Easement (.13 acres).
BUDGET IMPACT:
The improvement will be funded by 2008 Transportation Bond Funds. Funding in the amount of $19,999 for this acquisition is budgeted in Account #471-4502-08.6012 A14074.
RECOMMENDATION / ACTION REQUESTED:
The Property Management Section of the Engineering & Inspections Department recommends approval of this acquisition.