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SUMMARY STATEMENT/OFFER TO PURCHASE REAL PROPERTY <br />DUE TO THE ACQUISITION OF RIGHT OF WAY AND DAMAGES <br /> <br />TO: Cabarrue County DATE: <br /> TO: LESSEE, if Applicable <br /> <br />STATE' PROJECT NO.: 8.?36600! COUNTY: Caburrus- ' - <br />FEDERAL AID PROJECT NO.: EESM-5287(2) PARCEL ? ID# W-2804 <br />DESCRIPTION: Intersection of US 601 Bypass and SR 1002, Concord <br /> <br />Dear Sir: <br /> <br />The following offer of Just compensation is based on the fair market value of the property <br />and is not less than the approved appraised value for the appropriate legal compensable <br />interest or interests. The approved appraisal value disregards any increase or decrease <br />in the fair market value of the property acquired due to influence caused by public <br />knowledge of this project. The offer of just compensation, as reflected by the approved <br />appraisal, is based on an analysis of market data, comparable land sales, and, if <br />applicable, building costs in the area of your property. Please retain this form as It <br />contains pertinent income tax information. ' <br /> <br />Value of Part Taken <br />(Includes Land, Improvements and <br />Appurtenances Considered as Realty) <br /> <br /> STATE ACQUIRES IMPROVEMENTS <br />$ 9,500.00 <br /> <br />Damages if any, to Remainder <br /> <br />$. 0 <br /> <br />Benefits If any to Remainder <br /> <br />$ 0 Minus <br /> <br />TOTAL $ 9~500.00 <br /> <br />Less Retention Value(s) Item C $ 0 <br /> <br />TOTAL (After Retention of Improvements) $ 9,500.00 <br /> <br />The total offer includes all interests other than leases involving Federal Agencies and <br />Tenant owned improvements. <br /> <br />(A) Description of the land and effects of the acquisition by easement (x) and deed (m); <br />Being that same tract of laud ss recorded in Book 496, Page 25, in the Mecklenburg County <br />Registry, from which is to be acquired the following approximate area: Subject property <br />contains five acres of which 4,791.6 sq. ft. is to be acquired as right of way and 3,250 <br />sq. ft. is to be acquired aa temporary construction easement. <br /> <br />(E) The offer for improvements considered as realty includes payment for the following <br />improvements end appurtenances: (1) Two lights on metal post; (2) various landscaping; (3) <br />concrete curb. <br /> <br />(C) Should you desire to retain the improvements, considered as realty, deductions in the <br />total offer are listed as follows: (1) two lights on setal post - $200.00. <br /> <br />(D) Should you desire to sell the Department the portion of your property considered to <br />be an uneconomic remnant, as explained to you by the Right of Way Agent, the total offer <br />would be $ N/A <br /> <br />I will be available at your convenience to discuss this matter further with you. <br />telephone number is Area Code 704-982-9181, Albemarle, N. C. <br /> <br />The original of this form was handed to ..~Ve. ~,'~/'~ <br />on ~'~e ~3 , /995 . Owner was furnished a copy of the Right of Way Brochure. <br /> <br />My <br /> <br />T. R. FUI~,ilOHTO~A¥ AOEHT <br /> <br />NORTH CAROLINA DEPARTMENT OP TRANSPORTATION <br />R/W FORM 10.211 <br /> <br /> <br />