title
Resolution Authorizing the Filing of Condemnation Actions for Acquisition of Right-of-Way and Easements for the Independence Boulevard and River Road Roundabout
body
Department:
City Attorney
Meeting Date:
5/20/2025
Contact Name:
Whitley Stavish
Public Hearing:
No
Contact Phone:
(910) 341-7820
Advertising Date/Advertised By:
N/A
Attachments:
Attachment #1: Resolution
PURPOSE:
The purpose of this resolution is to receive authorization to file condemnation actions for the acquisition of right-of-way and easements for the Independence Road and River Road roundabout ("Project").
BACKGROUND:
Two traffic studies, one completed by Kimley-Horn for Cape Fear Development, LLC ("Watermark") for the Watermark development, and one completed by Michael Baker International, Inc. for the City of Wilmington (City) for the Independence Boulevard corridor, determined a roundabout at the intersection of River Road and Independence Boulevard is the recommended short-term and long-term intersection improvement needed for that area.
Under the First Amendment to the Amended and Restated Development Agreement ("Agreement") executed in December of 2020 between the City and NNP IV-Cape Fear River, LLC ("Newland"), Newland is responsible for traffic signal improvements at the River Road and Independence Blvd intersection, in accordance with the requirements and timeline specified in the agreement. In addition to the required Newland improvements under the Agreement, the City also desires to complete a pedestrian connection between River Road and Riverfront Place in conjunction with the Project in order to close a sidewalk network gap.
With Watermark, Newland, and the City all having interests in the improvement of this intersection, a reimbursement agreement ("Reimbursement Agreement") was entered into by the three parties in June of 2024 to participate in the roundabout installation and associated improvements, as well as the pedestrian improvements along Independe...
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