Title:
Storm Water Program - FY19 Hazard Mitigation Floodplain Acquisition
Summary
ACTION:
1. Authorize acceptance of a bid and assignment from Self-Help Ventures Fund in an amount not to exceed $64,500 in order to acquire the property from a foreclosure action, located at 812 Norwood Drive, Charlotte, NC (tax parcel 071-131-19) via Trustee’s Deed
2. Authorize the Charlotte-Mecklenburg Police and Fire Departments to use the structures for training exercises
Staff Contact: Tim Trautman, LUESA - Storm Water Services
Presentation: No
BACKGROUND/JUSTIFICATION:
Since late 1999, Mecklenburg County has used local storm water fee revenue to acquire property that will minimize the risk of potential loss of life and property damage from flooding while enhancing the natural and beneficial functions of the floodplain (creating open space, expanding greenways, constructing wetlands, etc.).
The requested action will consist of acquiring and demolishing the existing residence using County Storm Water Services capital funds. This will serve the dual functions of removing the building and its occupants from flood risk while securing property needed for future stream enhancements and greenway construction, both of which are currently funded projects. Due to the foreclosure action, an appraisal was not completed. The proposed purchase price will not exceed the assessed tax value, which staff has determined is reasonable.
Storm Water Services staff allows the Charlotte-Mecklenburg Police Department and the City of Charlotte Fire Department training opportunities for police and fire personnel prior to demolition of flood prone buildings.
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
N/A
FISCAL IMPACT:
$64,500 -Storm Water Services Capital Funds