Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire in fee simple approximately 1.579 acres (68,786 square feet), including an eight-story Class A office building totaling approximately 206,657 square feet of office space and garage and surface parking for approximately 750 vehicles for municipal offices, located at 3300 North Interstate 35, Austin, Texas 78705, and seller’s interest in five non-exclusive easements from LHREV Austin University Park, L.P., for a total amount not to exceed $26,095,000 including closing costs. Funding: $26,095,000 is available in the Capital Budget of the Financial Services Department. Related to Items #6 and #7.
25-0439 · Consent · Passed