Partial Taking by NCDOT for Completion of I-485
Initial Offer: $369,650
Compensation Obtained: $1,050,000
Brief Statement of Claim:
The Department of Transportation took approximately 8.002 acres and additional easements for completion of roadway improvements related to the completion of the I-485 loop around Charlotte; deposit of $369,650; settlement of $1,050,000 ($680,350 or 184% increase).
A partial taking of 8.002 acres of 70.565 acres of residentially zoned land being used for agricultural purposes (from 4 separate parcels in 2 consolidated cases) and taking for various utility, drainage and construction easements totaling approximately 3 acres. The property owners previously sold a large portion of the land for the location of I-485 to the DOT but additional area was needed by the DOT.
Trial or Settlement:
County where Tried or Settled:
Case Name and Number:
Department of Transportation v. Doris Maxwell, et al., 11-CVS-21069; 21918
Settlement reached December 4, 2013.
Attorneys for Defendants:
Thomas L. Odom, Jr. and David W. Murray, The Odom Firm, PLLC of Charlotte.