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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 the acquisition of a Permanent Electric Transmission and Distribution Easement, consisting of approximately 0.0522 of one acre (2,275 square foot) easement, out of the William Cannon League Survey No.19, Abstract No.6, Travis County, Texas, being a portion of the remainder of Lot 4, "Block B", Oaks at Slaughter, a subdivision recorded October 10, 2019, in Document No.201900203 Official Public Records, Travis County, Texas, and being the remainder of that tract described as 6.105 acres conveyed to SOCO 35 Retail, Ltd. by Special Warranty Deed dated August 15, 2016, as recorded in Document No.2016133769, Official Public Records, Travis County, Texas , currently appraised at $135,084 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 SOCO 35 Retail, LTD., a Texas limited partnership. The property is located at 8500 South Interstate Highway 35, Austin, Texas 78745. The general route of the project is along Interstate 35 from State Highway 71 south to State Highway 45. Funding: $135,084 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, Director, Local Government Issues (512) 322-6087; David Tomczyszyn, Austin Energy, VP Electric Systems Engineering and Technical Services, (512) 322-6821; Tina Little, Austin Energy, Director, Elec...
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