Partial Taking by NCDOT
for Completion of I-485

Initial Offer: $111,550

Compensation Obtained: $499,000

348% Increase

Brief Statement of Claim:

The Department of Transportation took approximately 1.729 acres for completion of the I-485 loop around Charlotte; deposit of $111,550.00; settlement of $499,000.00 ($387,500 or 348% increase).

Principal Damages:

A partial taking of 1.729 acres of 5.583 acres of commercially zoned land being used for residential purposes with a single-family residence owned in a family trust and a .162 acre utility easement. DOT sought to have the Court exclude the commercial zoning from consideration, but the Court denied the DOT's motion.

Trial or Settlement:

Settlement

County where Tried or Settled:

Mecklenburg County

Case Name and Number:

Department of Transportation v. CJ Garrison Trust and Mary T Garrison Trust, 12-CVS-2687

Date Concluded:

Settlement reached August 19, 2013.

Attorneys for Defendants:

Thomas L. Odom, Jr. and David W. Murray, The Odom Firm, PLLC of Charlotte.