Title
Resolution Authorizing the Purchase of Property Located at 1400 Near Bridford Parkway From Landmark Center Property Owners Association, Inc. in the Amount of $22,000 for the Hilltop Sewer Improvements Project
Body
Council Priority: Maintain Infrastructure and Provide Sustainable Growth Opportunities
Department: Engineering & Inspections
Council District: 5
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Steve Drew, 373-7893
Contact 2 and Phone: Kenney McDowell, 373-2302
PURPOSE:
The Property Management Section of the Engineering and Inspections Department is in the process of purchasing Right-of-Way and easements for the Hilltop Sewer Improvements Project. City Council approval is requested for the purchase of this property.
BACKGROUND:
The Water Resources Department has approved the Hilltop Sewer Improvements Project. The existing Hilltop Road Lift Station is at capacity and future growth will require improvements to the station. This project includes the relocation of the existing pump station to intercept City of Greensboro wastewater that is ultimately treated by the City of High Point. The project entails upgrading the force main and the upstream and downstream sewer outfalls.
The subject property is located at 1400 Near Bridford Parkway, parcel #95709. This property is owned by Landmark Center Property Owners Association, Inc. The portion of property to be purchased was valued at $18,325. The owner has agreed to accept $22,000.
The property is zoned CD-C-H (Conditional District - Commercial - High). The required Permanent Utility Easement to be purchased is an area of 4,240 Sq. Ft. (.10 acre).
BUDGET IMPACT:
Funding in the amount of $22,000 for this purchase is budgeted in the Water Resources Capital Improvement Fund account 503-7029-02.6012, A20050. A budget adjustment is needed to use this account.
RECOMMENDATION / ACTION REQUESTED:
The Property Management Section of the Engineering and Inspections Department recomm...
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