Menu
Partial Taking by NCDOT for I-74 Widening
Initial Offer: $11,925
Compensation Obtained: $135,000
1,032% Increase
Brief Statement of Claim:
The Department of Transportation took approximately .437 acres and additional easements for completion of roadway improvements related to the completion of the widening of I-74 near Shelby. The majority of the damage was because the DOT eliminated direct access to I-74 which caused the new access at the rear of the property to cross a regulated stream leaving the property almost inaccessible.
Initial offer/deposit:
$11,925.00
Settlement amount:
$135,000.00 ($123,075.00 or 1,032% increase)
Case Name:
Department of Transportation v. Parker
Date Concluded:
November 2015.