Posting Language
Title
Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for the Texas Interstate Highway Central Water/Wastewater Relocation Project for the public use of water and wastewater improvements, requiring the acquisition of a Water and Wastewater easement in two parts, considering of 0.0091 acres (395 square feet) of one acre of land out of and a portion of the Santiago Del Valle Survey, Abstract No. 24 in Travis County, Texas, being a portion of Park Plaza II, a subdivision of record in Volume 73, Page 74, of the Plat Records of Travis County, Texas (P.R.T.C.TX), and conveyed to PB Fountain Park Plaza Ltd., by deed filed for record on June 12, 2019, recorded in Document No. 2019085541 of the Official Public Record of Travis County, Texas (P.R.T.C.TX), currently appraised at $17,578 subject to an increase in value based on updated appraisals, a Special Commissioner’s award, negotiated settlement, or judgment. The owner of the needed property is PB Fountain Park Plaza, Ltd The property is located at 2800 South Interstate Highway 35, Austin, Texas 78704. The general route of the project is Interstate Highway 35 frontage road from Holly Street to Texas State Highway 71/Ben White Boulevard. Funding: $17,578 is available in the Capital Budget of Austin Water.
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Lead Department
Financial Services Department
Fiscal Note
Funding is available in the Capital Budget of Austin Water.
For More Information:
Michael Gates, Financial Services Department, 512-974-5639; Brandon Williamson, Financial Services Department, 512-974-5666; Adewale Odufuye, Capital Delivery Services, 512-974-7119.
Additional Backup Information:
The Texas Department of Transportation (TxDOT) Interstate 35 (I-35) Capital Express Central Roadway Project requires the relocation of approximately 24,100 linear feet of water lines and 10,700 linear feet of wastewater lines and appurtenances out of the expanded TxDOT right-of-way along Interstate Highway 35 from Holly Street to State Highway 71/Ben White Boulevard.
The City has attempted to purchase the needed property at 2800 South I-35, Austin, Texas 78704. The City and property owner have been unable to agree on the value of the needed acquisition. The Law Department is requesting authorization to file an action in eminent domain on behalf of the City, and to authorize the City to pay for the property interest in an amount determined by the appraisal, updated appraisal(s), a Special Commissioners’ award, negotiated settlement, or judgment.