Posting Language
Title
Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for the Lady Bird Lake CKT1015 Project in support of the Interstate Highway 35 (IH-35) Capital Express Lady Bird Lake Project for the public use of relocating various utility structures requiring the acquisition of permanent electric transmission and distribution easement consisting of 0.0191 of one acre (832 square foot) easement out of Outlot 55, Division "O", City of Austin, Travis County, Texas, being a portion of Lot 18, Block 2, Elm Grove, a subdivision of record in Book 2, Page 241, Plat Records, Travis County, Texas, said Lot 18 conveyed to 1106 Lambie, LLC by Cash General Warranty Deed dated November 25, 2013, as recorded in Document Number 2013213039, Official Public Records, Travis County, Texas, and by Declaration of Lambie Homes Condominiums dated May 19, 2015, as recorded in Document Number 2015079411, Official Public Records, Travis County, Texas; currently appraised at $95,021 subject to an increase in value based on updated appraisal(s), Special Commissioner's award, negotiated settlement, or judgment. The owner of the property is the former Board of Directors of Lambie Homes Condominium Association (Michael William Vanman, Erik H. Pak, Andrew N. Harris, and Lambie Investment Group LLC). The property is located at 1106 Lambie Street, Austin, Texas 78702. The general route of the project is along I-35 from Holly Street to State Highway 71/Ben White Boulevard. Funding: $95,021 is available in the Capital Budget of Austin Energy.
De
Lead Department
Austin Financial Services.
Fiscal Note
Funding is available in the Capital Budget of Austin Energy.
For More Information:
Brandon Williamson, Austin Financial Services, 512-974-5666; Michael Gates, Austin Financial Services, 512-974-5639; Amy Everhart, Austin Energy, Director, Local Government Issues (512) 322-6087; David Tomczyszyn, Austin Energy, VP El...
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