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 0.0091 acres (395 square feet) of water and wastewater easement in two parts, out of and a portion of Park Plaza II, a subdivision of record in Volume 73, Page 74, of the Plat Records of Travis County, Texas, and conveyed to PB Fountain Park Plaza Ltd., a Texas limited partnership, by Deed recorded in Document No. 2019085541 of the Official Public Record of Travis County, Texas, currently appraised at $17,578 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 PB Fountain Park Plaza, Ltd., a Texas limited partnership. The property is located at 2800 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: $17,578 is available in the Capital Budget of Austin Water.

25-0580 · Eminent Domain · Passed

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