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File #: ID 19-0381    Version: 1 Name:
Type: Resolution Status: Passed
File created: 5/22/2019 In control: City Council
On agenda: 6/18/2019 Final action: 6/18/2019
Title: Resolution Authorizing the Sale of Property in the Amount of $17,000 Located at 3803 Reedy Fork Parkway to North Carolina Department of Transportation for Permanent Utility Easement at Fire Station #59 for the Highway 29 and Reedy Fork Parkway Interchange Relocation Project
Attachments: 1. Sitemap 1524 (3803 Reedy Fork Pkwy).pdf, 2. Vicinity 1524 (3803 Reedy Fork Pkwy).pdf, 3. 19-0381 resolution.pdf

 

Title

Resolution Authorizing the Sale of Property in the Amount of $17,000 Located at 3803 Reedy Fork Parkway to North Carolina Department of Transportation for Permanent Utility Easement at Fire Station #59 for the Highway 29 and Reedy Fork Parkway Interchange Relocation Project

 

Body

Department: Engineering & Inspections

Council District: 2

 

Public Hearing: N/A

Advertising Date/By: N/A

 

Contact 1 and Phone: Kenney McDowell, 336-373-2302

Contact 2 and Phone: Ted Kallam, 336- 373-2302

 

PURPOSE:

City Council approval is requested for the sale of a Permanent Utility Easement (PUE) to North Carolina Department of Transportation for the Highway 29 and Reedy Fork Parkway Interchange Relocation Project.

 

BACKGROUND:

The subject property is located at 3803 Reedy Fork Parkway, parcel #0219252; portion of parcel for Fire Station #59. The sale was approved by the Fire Department.  The Permanent Utility Easement requested by NCDOT of 9,244.9 Sq. Ft. (.212 acres) will be used for the sole purpose of maintaining a utility easement due to the Highway 29 and Reedy Fork Parkway Interchange Relocation.  The tax value of $17,000 was used to determine the value of the easement. Since the easement is an encumbrance on City property, City Council approval is required.

 

BUDGET IMPACT:

Proceeds of $17,000 will be deposited into the Debt Service Fund - Sale of Real Estate:

Account #301-1001-01.8616.

 

RECOMMENDATION / ACTION REQUESTED:

The Property Management Section of the Engineering & Inspections Department recommends the approval of this purchase.