The Charlotte City Council approved the acquisition of 17 parcels totaling 15.02 acres for $8,043,600 as part of the Aviation Master Plan. The properties, owned by STM Charlotte 3, LLC, are located on Airport Drive, Ashley Circle, Eaton Circle, and South Airline Street. The purchased land currently contains single-family and multi-family residential homes. This transaction is conducted in accordance with the Uniform Acquisition and Relocation Act of 1970, and the costs are eligible for reimbursement from the Federal Aviation Administration.