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Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed waterline easement and temporary working easement needed to support of Austin Water’s Capital of Texas Highway/Loop 360 at Lakewood Project, for the public use of relocating water and wastewater lines in conflict with the Texas Department of Transportation roadway improvements at Capital of Texas Highway/Loop 360 at Lakewood Drive, requiring the acquisition of a water line easement consisting of 0.3461 of one acre (15,078 square feet) of land, out of and a part of the James Jett Survey, Abstract Number 437, in the City of Austin, Travis County, Texas, same being a portion of the 10.112 acre portion of Lot 1, Block A, Champion 360 Subdivision, a subdivision recorded on May 12, 2003, in Document 200300121 of the Official Public records of Travis County, Texas, to Bull Creek Market, LLC, a Texas Limited Liability Company, by Special Warranty Deed executed April 13, 2023, recorded in Document 2023038947 of the Official Public Records of Travis County, Texas, and a temporary working space easement consisting of 0.0367 of one acre (1,600 square feet) of land, out of and a part of the James Jett Survey, Abstract Number 437, in the City of Austin, Travis County, Texas, same being a portion of the 10.112 acre portion of Lot 1, Block 1, Champion 360 Subdivision, a subdivision recorded on May 12, 2003, in Document 200300121 of the Official Public Records of Travis County, Texas, to Bull Creek Market, LLC, a Texas limited liability company, by Special Warranty Deed executed April 13, 2023, recorded in Document 2023038947 of the Official Public Records of Travis County, Texas, said 0.0367 of one acre (1,600 sq. ft) of land currently appraised at $101,192 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 Bull Creek ...
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