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Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for Austin Parks and Recreation McKinney Mill Project for the public use and preservation of the historically designated McKinney Mill site and for the long-range extension of the Ann and Roy Butler hike and bike trail along the Colorado River, requiring a fee simple acquisition consisting of an 18.468 acre tract of land situated in the Santiago Del Valle Survey, Abstract No. 24, City of Austin, Travis County, Texas, and being out of a called 6.626 acre tract described in a Special Warranty Deed to TPS Parking Austin Two, LLC recorded in Document No. 2016003642, Official Public Records, Travis County, Texas, and being out a called 17.44 acre tract, designated "Tract 2", described in a Special Warranty Deed to TPS Parking Austin Two, LLC recorded in Document No. 2015182420, Official Public Records Travis County, Texas, and being all of a called 1.1 acre tract, designated "Tract 1", recorded in said Document No. 2015182420, and being Lots 17, 18, and 19, Glenbrook Addition, Section Two, recorded in Vol. 5, Pg. 66, Plat Records, Travis County, Texas, designated "Tract 2" as described in a Special Warranty Deed to TPS Parking Austin Two, LLC in Document No. 2015182421, Official Public Records, Travis County, Texas, and being Lot 23, Glenbrook Addition, Section One, Volume 5, Page 30, Plat Records, Travis County, Texas, designated "Tract 1" as described in said Document No. 2015182421, currently appraised at $1,137,976, subject to an increase in value based on updated appraisals or a Special Commissioner's award, negotiated settlement, or judgment. The owner of the needed property is TPS Parking Austin Two, LLC, a Delaware limited liability company. The property is located at Ellon Road, 2900 Ellon Road, 2905 Ellon Road, Terry Lane, 2904 Terry Lane, and 2935 East State Highway 71, Del Valle, Texas 78617. The general route...
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