Title
Resolution Authorizing the Purchase of Property in the Amount of $23,700 Located at 500 and 514 S. Josephine Boyd Street (formerly Aycock Street) from College Park Baptist Church of Greensboro for the South Josephine Boyd Street & Walker Avenue Intersection Improvements Project
Body
Department: Engineering & Inspections
Council District: 4
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Kenney McDowell 373-2302
Contact 2 and Phone: Ted Kallam 373-2883
PURPOSE:
The Property Management Section of the Engineering & Inspections Department is in the process of acquiring right of way and easements for the South Josephine Boyd Street (formerly Aycock Street) & Walker Avenue Intersection Improvements Project. City Council approval is requested for the purchase of this property.
BACKGROUND:
The Greensboro Department of Transportation has approved the S. Josephine Boyd Street & Walker Avenue Intersection Improvements Project. The main purpose of the project is to provide pedestrians with a safe route to cross S. Josephine Boyd Street to enter the University of North Carolina at Greensboro campus.
The subject property is located at 500 & 514 S. Josephine Boyd Street (formerly S. Aycock Street), parcels #0011793 and #0011795. This property is owned by College Park Baptist Church of Greensboro. The portion of property to be purchased was appraised by D. Lynn Cable and was valued at $23,700. The owners agreed to accept the appraised amount.
The properties are zoned RM-18, Residential Multi-family. The required right-of-way purchase consists of 1,710 Sq. Ft. (0.03 acre). Also required are two Permanent Sidewalk and Retaining Wall Easements of 17 Sq. Ft. and 437 Sq. Ft. (0.01 acre combined) and two Temporary Construction Easements of 1,568 Sq. Ft. and 347 Sq. Ft. (0.04 acre).
BUDGET IMPACT:
Funding in the amount of $23,700 for this purchase is budgeted in the Street and Sidewalk Capital Project Fund, Account #401-4561-01.6...
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