Posting Language
Title
Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for the Cap Ex South, CKT987&1031 Structure Relocation 2021 Project for the public use of relocating various structures along the existing circuits 926, 927, 987, and 988 requiring relocation to accommodate the Texas Department of Transportation expansion of Interstate Highway 35 (I-35) as part of its I-35 Capital Express program, requiring the acquisition of 0.3596 of one acre (15,662 square feet) of permanent electric transmission and distribution easement, being out of the Santiago Del Valle Survey, Abstract No. 24, being a portion of the remainder of Lot 1, Block A, Amended Plat of Lots 1, 2, 5 and 6 of the South Bend Subdivision, a Subdivision recorded November 13, 2001, in Document No. 200100339, Official Public Records, Travis County, Texas, currently appraised at $839,319 subject to an increase in value based on updated appraisals or a Special Commissioners' award. The owner of the needed property is the Housing Authority of the City of Austin. The property is located at 8515 South I-35, Austin, Texas 78744. The property is currently appraised at $839,319 and the general route of the project is along Interstate-35 from State Highway 71 south to State Highway 45. Funding: Funding is available in the Capital Budget of Austin Energy.
Body
Lead Department
Financial Services Department
Fiscal Note
Funding is available in the Capital Budget of Austin Energy.
For More Information:
Michael Gates, Financial Services Department, (512) 974-5639; Brandon Williamson, Financial Services Department, (512) 974-5666; Amy Everhart, Austin Energy (512) 322-6087; Elaine Veselka, Austin Energy, (512) 322-6667; Tina Little, Austin Energy, (512) 322-6396.
Council Committee, Boards, and Commission Action:
November 18, 2024 - To be reviewed by the Electric Utility Commission.
Additional Backup Information:
Various structures ...
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