Posting Language
Title
Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for the Corridor Program Project - East Martin Luther King Jr. Boulevard/Farm to Market Road (FM) 969 for the public use of street right-of-way and construction, wastewater betterments, shared-use path route, and landscaping within the project area to address congestion and enhance safety for pedestrians and cyclists , requiring the acquisition of 0.3139 acres (13,674 square feet) of wastewater easement, being out of and a portion of the James Burleson Survey No. 19, Abstract No. 4, in the City of Austin, Travis County, Texas, being out of that tract described as 6.078 Acres (Tract 2 - Exhibit A-2), conveyed to MF Austin Ridge, LLC and PB Austin Ridge, LLC by Special Warranty Deed recorded in Document No. 2003152393, Official Public Records, Travis County, Texas, currently appraised at $139,475 subject to an increase in value based on updated appraisals or a Special Commissioners' award. The owners of the needed property are MF Austin Ridge, LLC, a Texas limited liability company, and PB Austin Ridge, LLC, a Texas limited liability company. The property is located at the intersection of FM 969 and Rogers Loop at 00 FM 969 Austin, Texas 78724. The general route of the project is along FM 969 between United States Route 183 and Decker Lane.
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Lead Department
Financial Services Department
Fiscal Note
Funding is available in the Capital Budgets of the Austin Water.
Prior Council Action:
September 3, 2020 - City Council approved an ordinance authorizing the negotiation and execution of all documents and instruments necessary or desirable to purchase in fee simple or acquire other real property interest in properties throughout the City that are necessary to construct mobility improvements for the Corridor Construction Program in a total amount not to exceed $23,000,000 establishing acquisition and relocation guide...
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