Posting Language
Title
Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for the Fallwell Lane Capital Renewal Project for the public use of roadway, drainage, and water line improvements requiring the acquisition of one fee simple right-of-way consisting of approximately 2.894 acres (126,074 square feet) and one waterline easement consisting of approximately 0.077 acres (3,341 square feet) being out of and a portion of the called 186.53 acre tract of land conveyed to EP Austin Purchase Company LLC in a special warranty deed recorded in Document No. 2021009377 of the Official Public Records of Travis County, Texas, currently appraised at $127,744 subject to an increase in value based on updated appraisals or a Special Commissioner's award. The owner of the needed property is EP Austin Purchase Company LLC. The property is located at East State Highway 71 (southeast corner of State Highway 130 and Fallwell Lane), Austin, Texas 78617. The general route of the project is from the west access road of State Highway 130 east to the entrance road to the South Austin Regional Wastewater Treatment Plant.
De
Lead Department
Financial Services Department.
Fiscal Note
Funding is available in the Capital Budgets of the Transportation and Public Works Department and Austin Water.
For More Information:
Michael Gates, Financial Services Department, 512-974-5639; Brandon Williamson, Financial Services Department, 512-974-5666; Craig McColloch, Capital Delivery Services Department, 512-749-3412.
Additional Backup Information:
This acquisition is required to support the public use of roadway, drainage, and water line improvements in support of the Fallwell Lane Capital Renewal Project. The Fallwell Lane Capital Renewal Project's purpose is to protect the South Austin Regional Wastewater Treatment Plant and the Austin Energy Sand Hill Energy Center from future flood damage through roadway improvements ...
Click here for full text