Title
Resolution Authorizing the Purchase of Property Located at 1044 Grecade Street for the North Buffalo Outfall Phase II Project from Duke Energy Carolinas, LLC
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 & Inspections Department is in the process of purchasing temporary construction and permanent utility easements for the North Buffalo Outfall Phase II Project. City Council approval is requested for the purchase of this property.
BACKGROUND:
The Water Resources Department has approved the North Buffalo Outfall Phase II Project. This project is an extension of the North Buffalo Phase One Outfall Project completed in 2007. The primary purpose of this project is to upgrade the North Buffalo Outfall system from Hill Street to Battleground Avenue in order to increase sewer line capacity, address a siphon under Battleground Avenue, and to mitigate overflow related to storm events.
The subject property is located at 1044 Grecade Street, parcel #0004103. This property is owned by Duke Energy Carolinas, LLC. The portion of property to be purchased was valued at $23,925 using the Guilford County Tax Value. The owners agreed to accept this amount.
The property is zoned LI, Light Industrial. The required Permanent Utility Easement purchase consists of 10,531 Sq. Ft. (0.24 acre), and the required Temporary Construction Easement purchase consists of 1,768 Sq. Ft. (0.04 acre).
BUDGET IMPACT:
Funding in the amount of $23,925 for this purchase is budgeted in the Water Resources Capital Improvement Fund account #503-7028-02.6012 A19045. A budget adjustment is necessary to use this account.
RECOMMENDATION / ACTION REQUESTED:
The Property Management section of the Engineering and Inspections Department recommends the approval of this purchase and the ass...
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