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 35 Central Water/Wastewater Relocation Project for the public use for water line improvements, requiring the acquisition of approximately 0.0023 acres (100 square feet) of waterline easement, out of and a part of the Santiago Del Valle Survey, Abstract No. 24, Travis County, Texas, being a portion of the tract conveyed to Dakota 2550 Venture, LLC, by deed filed for record on July 5, 2014, recorded in Document No. 2015106456, of the Official Public Records of Travis County, Texas, and described as Lot C of the Oltorf Venture Addition, in Volume 81, Page 336 of the Plat Records of Travis County, Texas, currently appraised at $4,200, 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 Dakota 2550 Venture, LLC. The property is located at 2550 South Interstate Highway 35, Austin, Texas 78704. The general route of the project is Interstate Highway Frontage Road from Holly Street to State Highway 71/Ben White Boulevard. Funding: $4,200 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 Service Delivery, 512-974-7119.
Additional Backup Information
The Texas Department of Transportation (TxDOT) Interstate Highway 35 (I-35) Capital Express Central Roadway Project requires 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 I-35 from Holly Street to State Highway 71/Ben White...
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