March 4, 2013 - Cabarrus County

STATE OF NORTH CAROLINA
DEPARTMENT OF TRANSPORTATION
P ATRICK L. MCCRORY
GOVERNOR
ANTHONY J. TATA
SECRETARY
January 22, 2013
J.D.#:
STATE PROJECT:
F .A. PROJECT:
COUNTY:
DESCRIPTION:
MEMORANDUM TO:
FROM:
SUBJECT:
R-2246B
34408.2.6
STP-OOOS(684)
CABARRUS
George Lyles Parkway from S. of SR 1304 (Roberta Rd) to SR
1431 (Weddington Rd)
MR. ED WELBORN, STATE APPRAISER
Barbara F. Morton, Review Appraiser
Adjustment ofValue Finding Due to Plan Revisions changing
the areas of the R W and deleting TCE, which will Void and
Supersede the prior approved appraisal dated 6/19/12 and
approved on 7/6/12
PROPERTY OF:
PARCEL:
The appraisals of the subject property are as follows:
Cabarrus County
76A
Appraiser Date Type Before Value After Value Difference Approved
Robert L. Swinney 6/19112 VF N/A N/A $18,825 7/6112
Void 1122/ 13
Barbara F. Morton ADJ. N/A N/A $24,300 1/22113
Reference is made to the Value Finding for Parcel 76A dated 6119/12. This adjustment is being
made based on a Revised Summary Sheet dated 1117113 which shows a change in the area of the
RW being acquired and deleting the TCE. A comparison of the original and revised summary
sheets is shown in the following chart:
Original Summary Sheet
5/14/12
Total Area:
44.999 ac
Area in RW:
0.608 ac
Area Left of R W :
0 ac
Area Right ofRW: 44.391 ac
TCE :
0.038 ac
Improvements to be acq. Misc. landscaping
Revised Summary Sheet
1/ 17/ 13
44.999 ac
0.800 ac
0 ac
44.199 ac
0.0 ac
Misc. landscaping
In the previous Value Finding dated 6/9/12, the unit land value of$30,000/ac was used to value
the right of way to be acquired. That unit value still remains reasonable. The TCE from the
original Value Finding has been deleted. The value ofthe miscellaneous site improvements to be
acquired still remains reasonable.
Attachment number 3
4-2
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