Partial Taking by NCDOT for Completion of I-485
Initial Offer: $150,250
Compensation Obtained: $1,505,000
Brief Statement of Claim:
The Department of Transportation took approximately 4.94 acres for completion of the I-485 loop around Charlotte; deposit of $150,250; settlement of $1,505,000 ($1,354,750 or 902% increase). This was originally a partial taking of less land but the DOT amended, with consent of the property owner after filing an inverse condemnation counterclaim, to take an additional uneconomic remainder tract.
A partial taking of 4.94 acres of commercially zoned land being used for agricultural purposes with substantial damage to the .4 acre remainder. DOT sought to have the Court exclude the commercial zoning from consideration, but the Court denied the DOT's motion.
Trial or Settlement:
County where Tried or Settled:
Case Name and Number:
Department of Transportation v. Donna Garrison, et ux., et al., 12-CVS-2688
Settlement reached August 19, 2013.
Attorneys for Defendants:
Thomas L. Odom, Jr. and David W. Murray, The Odom Firm, PLLC of Charlotte.