Posting Language
Title
Approve negotiation and execution of all documents and instruments necessary or desirable to convey approximately 0.2115 acres (9,215 square feet) of water line easement and approximately 0.0313 acres (1,365 square feet) of temporary construction easement, generally located between McBee Drive and Johnny Morris Road on the south side of FM 969, Austin, Texas 78724, to the City of Pflugerville for a total purchase amount of not less than $98,830. Funding: This item is projected to result in additional revenue of $98,830 in the Austin Water Capital Budget.
Body
Lead Department
Financial Services Department.
Fiscal Note
This item is projected to result in additional revenue of $98,830 in the Austin Water Capital Budget.
For More Information:
Michael Gates, Financial Services Department, 512-974-5639; Brandon Williamson, Financial Services Department, 512-974-5666; James King, Austin Water Department, 512-974-7099.
Additional Backup Information:
The City of Pflugerville intends to acquire the easements for the proposed Secondary Colorado Raw Waterline project. In connection with that improvement project, the City of Pflugerville has identified the need to acquire a water line easement of approximately 0.2115 acres and a temporary construction easement of approximately 0.0313 acres of land owned by the City of Austin and stewarded by the Austin Water. Conveying this portion of the land to the City of Pflugerville will not compromise the Austin Water current or future operations in the area.
The City of Pflugerville has made an offer to purchase the subject property at an appraised value of $98,830. The Financial Services Department has reviewed the appraisal provided by the City of Pflugerville and determined its value conclusion to be reasonably supported.