Title
Storm Water Program - FY24 Hazard Mitigation Floodplain Acquisition
Action
ACTION:
1) Accept the Offer of Sale of Real Estate from BAG HOLDINGS, LLC, owner of property located at 1823 Lake Drive, Charlotte, NC (tax parcel 031-472-19), for $245,000 and authorize the County Manager to execute all documents necessary to complete the transaction.
2) Authorize use of the structure for training exercises by local emergency response agencies.
Staff Contact: Tim Trautman, Storm Water Services
Presentation: No
BACKGROUND/JUSTIFICATION:
Since late 1999, Mecklenburg County has used storm water fee revenue to mitigate flood prone property. Buyouts reduce the risk to life and property during floods, while also enhancing the natural and beneficial functions of the floodplain. Mecklenburg County uses the land as open space, for expanding greenways, constructing wetlands, etc.
This action is consistent with goals in the Environmental Leadership Action Plan (ELAP) which supports the Environmental Leadership Policy adopted by the Board of County Commissioners (BOCC). The acquisition also is consistent with recommendations in the Flood Risk Assessment and Risk Reduction Plan (Plan), adopted by the BOCC on May 1, 2012.
The buyout is voluntary. The property at 1823 Lake Drive was damaged by several feet of water in the June 9-10, 2019, flood event and has not been repaired. The purchase price is well below the 2023 tax value and aligns closely to a purchase price in August 2023.
Storm Water Services staff allows training opportunities for local police and fire personnel prior to demolition of flood prone buildings. In addition, Storm Water Services staff has established a process with Habitat for Humanity of Charlotte to maximize the responsible reuse of materials prior to structure demolition while protecting the health of the community.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
N/A
FISCAL IMPACT:
Funding of $245,000.00 will come ...
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