Partial Taking of Parking Areas by
City of Charlotte for LYNX Light Rail

Partial Taking of Parking…

Compensation for Tenant:

$20,100 - Sign Replacement
$511,250 - Reduction in Rent

Brief Statement of Claim: 

The City of Charlotte took temporary construction and permanent easements across parking areas used by a cafe-style fast food restaurant tenant. The lease for the restaurant allowed the tenant to obtain a reduction in rent from the landowner as part of compensation for the taking.

Settlement amount for tenant:

$20,100 for sign replacement; $511,250 reduction in rent

Case Name: 

City of Charlotte v. Roseclay, LLC; Panera, LLC v. Roseclay, LLC

Date Concluded: 

May 2016

Attorneys for Tenant: 

David W. Murray

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