$20,100 - Sign Replacement
$511,250 - Reduction in Rent
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.
$20,100 for sign replacement; $511,250 reduction in rent
City of Charlotte v. Roseclay, LLC; Panera, LLC v. Roseclay, LLC