Posting Language
Title
Approve negotiation and execution of all documents and instruments necessary or desirable to convey a water line easement of approximately 0.3007 acres (13,100 square feet) of land and a temporary construction easement of approximately 0.2998 acres (13,061 square feet) of land located between McBee Drive and Johnny Morris Road on the southside of FM 969, Austin, Texas 78724, to the City of Pflugerville for a total purchase amount of not less than $178,663. Funding: This item is projected to result in additional revenue of $178,663 in the Fiscal Year 2024-2025 Austin Water Capital Budget.
Body
Lead Department
Financial Services Department.
Fiscal Note
This item has no fiscal impact.
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 easement for the proposed Secondary Colorado Raw Waterline project. In connection with that improvement project, the City of Pflugerville has identified the need to acquire approximately 0.3007-acre and 0.2998-acre segments of land owned by the City of Austin and stewarded by the Austin Water Department. Conveying this portion of the land to the City of Pflugerville will not compromise the Austin Water Department's 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 $178,663. The Financial Service Department has reviewed the appraisal provided by the City of Pflugerville and determined its value conclusion to be reasonably supported.