Title
Resolution Authorizing the Conveyance of a Shared, Non-Exclusive Access Easement over City Property Located at 112 East Market Street and Running Behind the Buildings Located at 101-117 South Elm Street out to East Market Street with an approximate width of 10 feet, subject to verification by survey, for the Benefit of the Properties Located at 101, 113, 115, and 117-119 South Elm Street To Replace Their Existing Access Easement That Will Be Acquired By The City And Closed As Part Of The February One Downtown Development Project
Body
Department: Legal Department
Council District: 3
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Tom Carruthers 373-2320
Contact 2 and Phone: David Parrish 373-2002
PURPOSE: Convey to the properties located at 101, 113, 115, and 117-119 South Elm Street a new and equal or better ingress, egress, and regress easement over City property located at 112 East Market Street and running behind the buildings located at 101-117 South Elm Street out to East Market Street to replace their existing ingress, egress, and regress easement over property located at 112 E. Market Street and running to Davie Street that will be acquired by the City and closed as part of the February One Downtown Development Project.
BACKGROUND: As part of the construction of the February One Downtown Development Project, the City will acquire and close the existing ingress, egress, and regress easement located at 112 East Market Street and running to Davie Street, identified in DB 669, Page 576, DB 853 Page 198, and DB 1206 Page 424 and Page 436, that benefits the property owners located at 101, 113, 115, and 117-119 South Elm Street, and replace it with a new shared, non-exclusive easement to the affected property owners which will provide these property owners an equal or better ingress, egress, and regress easement to East Market Street. This new easement will be approximately ten feet wide and will begin at 112 East Market Str...
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