title
Approve and Authorize a Real Property Exchange Between the Town of Chapel Hill and Beechwood Obey Creek, LLC at 4511 S. Columbia Street.
body
Staff:
Department:
Mary Jane Nirdlinger, Deputy Town Manager
Town Manager
Britany Waddell, Director
Planning
Charnika Howell, Planner II
Overview: Pursuant to the Conditional Zoning approval, Beechwood Obey Creek, LLC intends to develop the South Creek development. The Town of Chapel Hill owns a narrow triangle parcel within this site. As anticipated in the Conditional Zoning, Beechwood Obey Creek, LLC proposes to exchange the Town property for a strip of land adjacent to the U.S. Highway 15-501 South right-of-way and make a payment to the Town of $100,000 for area transit improvements.
Recommendation(s):
That the Council approve and authorize a real property exchange between the Town of Chapel Hill and Beechwood Obey Creek, LLC at 4511 S. Columbia Street.
Attachments:
* Resolution
* Exhibit - Land Survey
A RESOLUTION APPROVING AND AUTHORIZING AN EXCHANGE OF REAL PROPERTY OWNED BY THE TOWN OF CHAPEL HILL FOR OTHER REAL PROPERTY AND CONSIDERATIONS IN CONNECTION WITH THE DEVELOPMENT OF CERTAIN REAL PROPERTY LOCATED AT 4511 S. COLUMBIA STREET OWNED BY BEECHWOOD OBEY CREEK, LLC (2023-10-25/R-5)
WHEREAS, the Council of the Town of Chapel Hill previously approved an application for Conditional Zoning for South Creek at 4511 S. Columbia Street (2023-06-07/O-2) (the "Conditional Zoning'); and
WHEREAS, pursuant to the Conditional Zoning, Beechwood Obey Creek, LLC intends to develop approximately 43 acres of land east of U.S. Highway 15-501 South and west of Wilson Creek (the "South Creek Development"); and
WHEREAS, the Town of Chapel Hill owns a narrow triangle parcel of land, consisting of approximately 2.42 acres, having the Orange County PIN 9787-24-1209, as shown in the attached Exhibit (referred to therein as the "Town Property"), which is needed by Beechwood Obey Creek, LLC to c...
Click here for full text