Title
Resolution Authorizing the Purchase of a Portion of Property Located at 2130 New Garden Road for the Battleground - New Garden Intersection Improvement Project
Body
Department: Engineering & Inspections
Council District: 4
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Kenney McDowell, 373-2302
Contact 2 and Phone: Ted Partrick, 373-2302
PURPOSE:
The Property Management Section of the Engineering and Inspections Department is in the process of acquiring right of way and easements for the Battleground - New Garden Intersection Improvement Project. City Council approval is requested for the purchase of this property.
BACKGROUND:
The Greensboro Department of Transportation has approved roadway intersection and sidewalk improvements on Battleground Avenue and New Garden Road with construction beginning in 2016. This project will improve the roadway intersection for better traffic flow and improve pedestrian walkways.
The subject property is located at 2130 New Garden Road, parcel #0081235. This property is owned by Battlefield Center, a North Carolina General Partnership. The portion of property to be acquired was appraised by Steven C. Randall of Foster Appraisal Services, Inc. and was valued at $34,653. After negotiations, the owner has agreed to accept $40,117.
The property is zoned C-M (Commercial Medium). The required Proposed Margin Taking acquisition is an area of 1,040 Sq. Ft., (.02 acre). The required Temporary Construction Easement acquisition is an area of 8,804 Sq. Ft., (.20 acre).
BUDGET IMPACT:
Funding in the amount of $40,117 for this acquisition is budgeted in Account #220-4589-01.6012, Activity #A12086.
RECOMMENDATION / ACTION REQUESTED:
The Property Management Section of the Engineering and Inspections Department recommends the approval of this purchase.
COMMITTEE ACTION: This item was referred to Council by the Infrastructure Committee.