Posting Language
Title
Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for CKT961 Induction Reduction Project for the public use of mitigating an induced voltage by the Austin Energy Circuit 961 transmission line on the Capital Metropolitan Transportation Authority (CapMetro) Red Rail Line requiring the acquisition of a permanent electric transmission and distribution easement consisting of approximately 0.2334 of one acre (10,166 square foot) easement, out of the Rachael Saul Survey, Abstract Number 551, Williamson County, Texas, being a portion of Lot 3, Block A, Resubdivision of Lot 1, Block A, Davis Spring Commercial Section 2, a subdivision record in Document Number 2011058775, Official Public Records, Williamson County, Texas, said Lot 3 (a portion of Tract 1) conveyed to Davis Spring SAH, LLC by General Warranty Deed dated March 2, 2022, as recorded in Document Number 2022027129, Official Public Records, Williamson County, Texas, currently appraised at $106,235 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 Davis Spring SAH, LLC, a Texas limited liability company. The property is located at 9825 Spectrum Drive, Building 2, Austin, Texas, 78717. The general route of the project begins at the Jollyville Substation and runs parallel to the CapMetro Red Line, crossing over Ranch Road 620 North and Highway 45, heading east towards West Howard Lane, ending at the Ashton Woods Substation. Funding: $106,235 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...
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