Title
Resolution Approving Appraisal in the Amount of $35,125 and Authorizing Purchase of Property Located at 3400 Battleground Avenue for the Battleground Westridge Intersection Improvement Project
Body
Department: Engineering & Inspections
Council District: 3
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Kenney McDowell, 373-2302
Contact 2 and Phone: Ted Kallam, 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 Westridge Intersection Improvement Project. City Council approval is requested for the acquisition of this property.
BACKGROUND:
The Greensboro Department of Transportation has approved Roadway Intersection and Sidewalk Improvement on Battleground Avenue and Westridge Road with construction beginning in 2017. This project will improve the roadway intersection for better traffic flow and improve pedestrian walkways.
The subject property is located at 3400 Battleground Avenue, parcel #0038928. This property is owned by Self-Help Credit Union. The portion of property to be acquired was appraised by Steven C. Randall of Foster Appraisal Services, Inc. and was valued at $35,125. The owner has agreed to accept the appraised value.
The property is zoned CD-O (Conditional District - Office). The required Proposed Margin Taking acquisition is an area of 744 Sq. Ft. (.017 acre). The required Permanent Slope Easement acquisition is an area of 865 Sq.Ft. (.019 acre). The required Temporary Construction Easement acquisition is an area of 1,484 Sq. Ft. (.034 acre).
BUDGET IMPACT:
Funding in the amount of $35,125 for this acquisition is budgeted in North Carolina Department of Transportation Grant Street Improvements - U-5306 B Account #220-4588-01.6012 Activity #A12084.
RECOMMENDATION / ACTION REQUESTED:
The Property Management Section of the Engineering and Inspections Department recommends the approval of this...
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