Title
Vote to adopt a resolution declaring a 1.038-acre county-owned property surplus located at 333 New Elam Church Road and authorize its sale to the North Carolina Department of Transportation at the negotiated purchase price of $225,000
Abstract
Introduction & Background: The North Carolina Department of Transportation (NCDOT) is in the process of planning and designing transportation improvements along US 1 to provide for ongoing industrial development in the Moncure area. In preparation for these improvements, NCDOT is acquiring the land necessary to facilitate these improvements and to secure the requisite rights-of-way for the same. The county-owned 1.038 parcel located at 333 New Elm Church Road has been identified as one such property requiring NCDOT acquisition to make these planned improvements. Two aerial maps identifying this property are provided as illustrations of the location and general vicinity of this parcel in relation to US 1. Additionally, a Plan Sheet is provided that illustrates the location of this parcel in relation to the proposed transportation improvements in this area.
Discussion & Analysis: Located on the subject property is a water tower that is no longer in use. Considering the increased industrial activity and the anticipation of increased residential population growth in this area, the county recognizes the potential need to erect a new water tower in this area to serve future water supply demands. The relative location and elevation of the subject property is ideal for the placement of an elevated water tank to provide the surrounding area with future water supply demands. To maintain its ability to provide for future water supply demands in this area, the county will need to secure an alternative site of similar elevation within the general vicinity of this parcel. Through negotiations, NCDOT is offering $225,000 ($50,000 above initial offer).
North Carolina General Statute (NCGS) 153A-176 notes that a county may dis...
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