Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for the Texas Interstate Highway Central Water/Wastewater Relocation project for the public use for water and wastewater improvements, requiring the acquisition of approximately 0.0046 acres (200 square feet) of water and wastewater line easement, out of and a portion of Lot 3C, Resubdivision of Lots A & B, Oltorf Village Sec. 2 and Lot 1, Oltorf Village Sec. 1, a subdivision of record in Volume 25, Page 20 of the Plat Records of Travis County, Texas, said Lot 3C conveyed to Peers Holdings, LLC.-R.S. 2620 South IH 35, by Deed recorded in Document No. 2023073493 of the Official Public Record of Travis County, Texas, currently appraised at $8,400, subject to an increase in value based on updated appraisals, Special Commissioner’s award, negotiated settlement, or judgment. The owner of the needed property is Peers Holdings LLC-R.S. 2620 South Interstate Highway 35. The property is located at 2620 South Interstate Highway 35, Austin, Texas 78704. The general route of the project is Interstate Highway 35 frontage from Holly Street to State Highway 71/Ben White Boulevard. Funding: $8,400 is available in the Capital Budget of Austin Water.
25-0579 · Eminent Domain · Passed