Posting Language
Title
Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire, on behalf of Austin Transportation and Public Works, a right of way and two-part temporary working space easements needed for the 2020 Bond Substandard Streets Johnny Morris Road project. The proposed acquisition consists of approximately 2.415 acres (105,184 square feet) of right of way and approximately 1,260 square feet of temporary working space easement in two parts (1,010 square feet and 250 square feet), situated in the James Burleson Survey No. 19, Abstract No. 4, City of Austin, Travis County, Texas, and being out of a called 20.00-acre tract described in a Warranty Deed from Anthony C. Chen and Gloria Chen to Austin Ultiplex, LLC, recorded in Document No. 2014141999, Official Public Records of Travis County, generally located at 5525 Johnny Morris Road, Austin, Texas 78724, from Austin Ultiplex, LLC, a Texas limited liability company, for a total amount not to exceed $153,000, including closing costs. Funding: $153,000 is available in the Capital Budget of Austin Transportation and Public Works.
De
Lead Department
Austin Financial Services.
Fiscal Note
Funding is available in the Capital Budget of Austin Transportation and Public Works.
For More Information:
Brandon Williamson, Austin Financial Services, 512-974-5666; Michael Gates, Austin Financial Services, 512-974-5639; Oscar Coronado, Austin Capital Delivery Services, 512-974-7266.
Additional Backup Information:
This proposed acquisition is for approximately 2.415 acres of a right of way and approximately 1,260 square feet of temporary working space easement in two parts, for Johnny Morris Road Realignment. The general route of this project is along Johnny Morris Road between FM 969 and Loyola Lane.
An independent, third-party appraisal was procured to establish the fair-market valuation of the proposed acquisition. The appraisal supports the purchase price of $148,00...
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