Posting Language
Title
Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire in fee simple two parcels totaling approximately 4.944 acres (215,351 square feet) situated in the Santiago Del Valle Grant, Abstract No. 24, Travis County, Texas and generally located south of Ben White Boulevard between Terry-O Lane and S. Industrial Dr., Austin, Texas 78745, being a portion of that tract described as 4.98 acres conveyed to Missouri Pacific Railroad Company by the deed recorded in Volume 2473, Page 278, Deed Records, Travis County, Texas, from St. Edward's University, for a total amount not to exceed $4,421,000, including closing costs. Funding: $4,421,000 is available in the Capital Budget of the Transportation and Public Works Department.
Body
Lead Department
Financial Services Department
Fiscal Note
Funding is available in the Capital Budget of the Transportation and Public Works Department.
For More Information:
Michael Gates, Financial Services Department, 512-974-5639; Brandon Williamson, Financial Services Department, 512-974-5666; Matt Harold, Capital Delivery Services, 512-974-2964.
Additional Backup Information:
This proposed acquisition is approximately 4.944 acres needed for mobility purposes. The Bergstrom Spur is a former railroad right-of-way varying in width from 50 to 120 feet lying south of Ben White Boulevard, running in an east/west direction. It branches off the main Union Pacific Railroad near Vinson Drive and extends eastward to U.S. Highway 183. The Transportation and Public Works Department is acquiring this land as part of the development of the Bergstrom Spur Urban Trail Network. The acquisition of this piece of abandoned rail corridor is a significant step forward in the trail's realization. Once complete, the Bergstrom Spur Trail will provide a paved Americans with Disabilities Act-accessible bikeway and the pedestrian way that is approximately 6.5 miles long and connects Vinson Drive to...
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