Title:
Storm Water Program - Hazard Mitigation Catawba River Floodplain Acquisition
Summary
ACTION:
1. Accept the Offer of Sale of Real Estate from Kenneth & Wilma Morgan, owners of property located at 925 Riverside Drive, Charlotte, NC (tax parcel 031-151-05), for $230,960; and
2. Authorize the Charlotte-Mecklenburg Police and Fire Departments to use the structure for training exercises
Staff Contact: Tim Trautman, LUESA - Storm Water Services
Presentation: No
BACKGROUND/JUSTIFICATION:
Since late 1999, Mecklenburg County has used storm water fee revenue to acquire flood prone property. Buyouts reduce the risk to life and property during floods, while also enhancing the natural and beneficial functions of the floodplain. This action aligns with Land Use and Environmental Services Agency Strategic Business Plan Goal 3, enhancement of quality of life through environmental stewardship. Mecklenburg County uses acquired land as open space, for expanding greenways, for constructing wetlands, etc.
At the July 2, 2019 BOCC meeting, the Board allocated $3.5M from the Storm Water Capital Reserve for voluntary buyouts and retroFIT grants to mitigate structures that sustained flood damage on June 9 & 10, 2019. This property was selected for possible acquisition using criteria listed in the adopted Resolution.
The requested actions will consist of acquiring the property and demolishing the existing building. The purchase price is based upon a fair market value appraisal of pre-flood conditions minus documented flood damages from the June 2019 event. The owners have voluntarily offered to sell.
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:
$230,960 from Storm Water Services Capital Funds