Title
Resolution Approving Appraisal and Authorizing the Purchase of Property Located at 2001 Pisgah Church Road for the Pisgah Church Road Sidewalk 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 purchasing right of way and easements for the Pisgah Church Road Sidewalk Project. City Council approval is requested for the purchase of this property.
BACKGROUND:
The Greensboro Department of Transportation has approved the Pisgah Church Road Sidewalk Project. The main purpose of the project is to provide pedestrians with a safe route along Pisgah Church Road, connecting existing sidewalks from North Church Street to Battleground Avenue.
The subject property is located at 2001 Pisgah Church Road, parcel #0055957. This property is owned by Theodore L. Crum. The portion of property to be purchased was appraised by Dick Foster of Foster Appraisal Services, Inc. and was valued at $54,967. The owner has agreed to accept the appraised value.
The property is zoned C-M (Commercial - Medium). The required Proposed Margin Taking acquisition is an area of 2,442 Sq. Ft. (.056 acre). The required Temporary Construction Easement acquisition is an area of 1,131 Sq. Ft. (.026 acre).
BUDGET IMPACT:
Funding in the amount of $54,967 for this purchase is budgeted in the Street and Sidewalk Capital Project Fund, Sidewalk Improvement EL-5101 DL Account #401-4546-01.6012 Activity #A15138.
This is a Federal Funded contract/project and is subject to 80% reimbursement by FHWA.
RECOMMENDATION / ACTION REQUESTED:
The Property Management Section of the Engineering and Inspections Department recommends the approval of this purchase.