Consider Action on a Resolution Approving a Settlement Agreement of Midway Road Improvements Litigation; and Authorizing the Conveyance of Certain Public Real Property and Authorizing the City Manager to Execute the Settlement Agreement.

The purpose of this item is to provide the final approval of the settlement agreement for the right of way eminent domain proceeding with Piedmont Partners on the property that is currently occupied by Nate’s Seafood and Steakhouse located at 14951 Midway Rd.  

As part of the settlement Agreement, the Town will convey a portion (Approximately 23,522 sf) of the land directly adjacent to the Piedmont property that was donated to the Town by the InTown developer.  

Administration recommends approval.