Title
Resolution Authorizing the Purchase of Property Located at 4424 West Wendover Avenue from Wal-Mart Stores, Inc. in the Amount of $68,100 for the Hilltop Sewer Improvements Project, P-05729
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 City of Greensboro 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 both upstream and downstream sewer outfalls.
The subject property is located at 4424 West Wendover Avenue, parcel #0074475. This property is owned by Wal-Mart Stores, Inc. The portion of property to be purchased was valued by Foster Appraisal Services, Inc. at $68,100. The owner has agreed to accept the appraised value.
The property is zoned CD-C-H (Conditional District - Commercial - High). The required Permanent Utility Easement to be purchased is an area of 14,981 Sq. Ft. (.34 acres).
BUDGET IMPACT:
Funding in the amount of $68,100 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 Inspectio...
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