Title
Storm Water Program - Hazard Mitigation Catawba River Floodplain Acquisition
Action
ACTION:
1. Accept the Offer of Sale of Real Estate from David and Kymberly Enlow, owner of property located at 1715 Lake Drive, Charlotte, NC (tax parcel 031-472-12), for $460,000.
2. Accept the Offer of Sale of Real Estate from Mitchell Peterson and Jennifer Kleine-Jaeger, owner of property located at 1827 Lake Drive, Charlotte, NC (tax parcel 031-472-20), for $300,323.
3. Authorize the Charlotte-Mecklenburg Police and Fire Departments to use the acquired structures for training exercises prior to demolition.
Staff Contact: David Kroening, LUESA - 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, to expand greenways, to construct wetlands, etc.
At the November 6, 2024 Mecklenburg Board of County Commissioners (BOCC) meeting, the BOCC adopted the MECKLENBURG COUNTY RESOLUTION ADOPTING GUIDELINES FOR A VOLUNTARY BUYOUT AND RETROFIT GRANT PROGRAM FOR FLOODPLAIN STRUCTURES THAT SUSTAINED FLOOD DAMAGE FROM TROPICAL STORM HELENE ON SEPTEMBER 25, 2024 OR AFTER. The resolution set out guidelines for use of the Storm Water Capital Reserve for voluntary buyouts and retroFIT grants for floodplain structures that sustained flood damage from Tropical Storm Helene. This properties were selected for possible acquisition using criteria listed in the adopted Resolution.
The requested actions will consist of acquiring the properties and demolishing the existing homes. The purchase price is based upon the pre-flood Fair Market Value (FMV) minus documented flood damages from the September 2024 event. The structural damages were deemed greater than 50% of the struc...
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