Posting Language
Title
Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for the Capital of Texas Highway/Loop 360 at Lakewood Project for the public use allowing Austin Water to relocate water and wastewater lines in conflict with Texas Department of Transportation roadway improvements requiring the acquisition of a waterline easement consisting of approximately 0.1282 of one acre (5,584 square feet) of land, out of and a part of the Robert Foster Survey, Abstract Number 284, in the City of Austin, Travis County, Texas, same being a portion of Lot 1, Lakewood Office Park, a subdivision recorded on December 18, 1986, in Book 87, Page 43C of the Plat Records of Travis County, Texas, to Austin Innovation Park by special warranty deed executed August 4, 2021, recorded in Document Number 2021174167 of the Official Public Records of Travis County, Texas, currently appraised at $42,438 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 Austin Innovation Park, LLC, a Texas limited liability company. The property is located at 6801 North Capital of Texas Highway, Austin, Texas 78731. The general route of the project is along the Capital of Texas Highway/Loop 360 corridor at Lakeline Drive. Funding: $42,438 is available in the Capital Budget of Austin Water.
De
Lead Department
Austin Financial Services.
Fiscal Note
Funding is available in the Capital Budget of Austin Water.
For More Information:
Brandon Williamson, Austin Financial Services, 512-974-5666; Michael Gates, Austin Financial Services, 512-974-5639; Eva Moore, Austin Capital Delivery Services, 512-974-7231.
Additional Backup Information:
This project is for the relocation of water and wastewater lines in conflict with the Texas Department of Transportation (TxDOT) roadway improvements along Capital of Texas Highway/Loo...
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