Title
Resolution Authorizing Purchase of Property Located at 2300 Huffine Mill Road in Exchange for Borrow From City Remnant Property at 2350 Huffine Mill Road
Body
Department: Engineering & Inspections
Council District: 2
Public Hearing: N/A
Advertising Date/By N/A:
Contact 1 and Phone: Kenney McDowell 373-2302
Contact 2 and Phone: Ted Partrick 373-2308
PURPOSE:
Council approval is requested for the acquisition of the property at 2300 Huffine Mill Road and for the sale of borrow material at City property at 2350 Huffine Mill Road.
BACKGROUND:
The NCDOT has begun the construction of the Eastern Loop of I-85 in the vicinity of the T. Z. Osborne facility on Huffine Mill Road. In 2014, Council approved the sale of land for right-of-way for the Loop where it crosses the City facility. That sale of the land created a land-locked remnant portion on the west side of the loop and across the loop from the current facility. The sale price included compensation for the damage to the remnant portion. The latest appraisal for the remnant is $4,050.
The contractor performing the grading for the NCDOT is Flatiron/Blythe Development, AJV. They approached the City with a request to purchase borrow (excavated soil) to use for filling in the new grade for the adjacent loop and bridge structure. The borrow would be taken from the City's remnant property and is estimated to be approximately 250,000 cubic yards of soil. Following removal of the borrow, the site would be graded to drain to the existing natural drainage features at the edge of the property and planted per NCDNER requirements. Discussion between the contractor and staff revealed that the contractor was purchasing an adjacent property between the City's remnant and Huffine Mill Road for the purpose of taking borrow from that site. Staff proposed exchanging the borrow from the City's site for the title to the Huffine Mill Road property, and Flatiron/Blythe accepted the proposal.
The Ci...
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