Title
Resolution Authorizing the Mayor to Execute a Street Closing Petition for a Portion of February One Place Adjacent to City of Greensboro Owned Property
Body
Department: Planning
Council District: #3
Public Hearing: No
Advertising Date/By: N/A
Contact 1 and Phone: Sue Schwartz at 373-2149
Contact 2 and Phone: Steve Galanti at 373-2918
PURPOSE:
The purpose of the resolution is to authorizing the Mayor to execute a street closing petition for a portion of February One Place.
BACKGROUND:
Sycamore Street was dedicated to the City in 1808 as a public street. On November 30, 1989, the Greensboro City Council adopted Ordinance 89-158 which changed the name of Sycamore Street to February One Place effective on or before February 1, 1990.
The City of Greensboro acquired Parcels 0000007, 0000008, and 0000009 adjacent to February One Place by Deed dated June 28, 2017, and recorded in the Guilford County Register of Deeds at Book 7948 Pages 2720-2724. Elm Street Center, LLC owns Parcel 0000038 which is adjacent to February One Place across the street from the City parcels. The City of Greensboro and Elm Street Hotel, LLC have entered into a Downtown Development Agreement in order to construct and operate a building including both public and private facilities (the "Project"). The Project requires the consolidation of air rights above the portion of February One Place adjoining Parcels 0000007, 0000008, 0000009 and 0000038. This portion of February One Place will be the location of the ingress and egress to the public and private facilities to be constructed and operated in the Project.
North Carolina General Statutes Section 160A-299 and Section 6.61 of the City Charter allow street right-of-way to be closed by petition and findings if said petition is signed by a majority of the property owners with frontage on the right-of-way.
BUDGET IMPACT:
There will be no impact on the current or future budgets.
RECOMMENDATION / ACTION REQUESTED:
Staff recommends t...
Click here for full text