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,ICE <br /> SUMMARY STATEMENT/OFFER TO PURCHASE REAL PROPERTY <br /> DUE TO THE ACQUISITION OF RIGHT OF WAY AND DAMAGES <br /> TO Orange County DATE: /9P-.4.01-4141' (774: <br /> C/O John Link, County Manager TO Lessee, if Applicable <br /> 109 Court Street <br /> Hillsborough, NC 27278 <br /> STATE PROJECT NO 8.T500309 COUNTY: Orange _; ?r,i`; <br /> FEDERAL AID PROJECT NO I-IR-85-3(140)157 PARCEL NO 18 I.D. #: I-309 E <br /> DESCRIPTION: I-85 from West of SR 1114 (Buckhorn Road) to East of SR 1144 (Old NC 10) <br /> Dear Property Owner: <br /> The following offer of just compensation is based on the fair market value of the property _- <br /> and is not less than the approved appraised value for the appropriate legal compensable <br /> interest or interests. The approved value disregards any increase or decrease in the fair <br /> market value of the property acquired due to influence caused by public knowledge of this <br /> project. The offer of just compensation is based on an analysis of market data <br /> comparable land sales, and if applicable, building costs in the area of your property. <br /> Please retain this form as it contains pertinent income tax information. <br /> State Acquires Improvements <br /> Value of Part Taken = <br /> (Includes Land, Improvements and <br /> Appurtenances Considered as Realty) $ 6,695.00 <br /> Damages if any to Remainder $ -0_ <br /> Benefits if any to Remainder $ -0- Minus <br /> TOTAL $ 6,695.00 '''., ':- 1::::::: :: <br /> Less Retention Value(s) Item E $ -0- Minus <br /> TOTAL (After Retention of Improvements) $ 6,645.00 li <br /> The total offer includes all interests other than leases involving Federal Agencies and <br /> Tenant owned improvements, <br /> (C) Description of the land and effects of the acquisition by easement [ ] and deed [X]: <br /> Subject property described in Deed Book 253, page 1427, Orange County Registry, contains <br /> approximately 2.1 acres of which .25 acres is being acquired as right of way, leaving 1.85 <br /> acres remaining on the right with access to Buckhorn Road. <br /> (D) The offer for improvements considered as realty includes payment for the following <br /> improvements and appurtenances: None <br /> (E) Should you desire to retain the improvements, considered as realty, deductions in the <br /> total offer are listed as follows: N/A <br /> (F) Should you desire to sell the Department the portion of your property considered to be <br /> an uneconomic remnant, as explained to you by the Right of Way Agent, the total offer <br /> would be $ N/A <br /> I will be available at your convenience to discuss this matter further with you. My <br /> telephone number is 919-560-6847, Durham, North Carolina. <br /> The original of this form was handed/mailed, if out of state owner, to <br /> , on J/- /L , 19 54 Owner was furnished a copy <br /> of the Right of Way Brochure/Owner's Letter. <br /> (Signed) ie,.le <br /> Right of Way Agent . , <br /> North Carolina Department of Transportation R. R. Phillips\kw <br /> R/W Form 10.211 <br /> Revised November 1990 <br />