Authorize negotiation and execution of all documents and instruments necessary or desirable to acquire in fee simple approximately 142.754 acres (6,218,364 square feet), including 11 buildings totaling approximately 2,435,457 square feet of office space, warehouse facilities, parking garages, and storage areas, for Austin Water and other municipal purposes, located at 6500 Tracor Lane, Austin, Texas 78725, from Karlin Tracor Lane, LLC, a Delaware limited liability company, for a total amount not to exceed $41,113,756, including closing costs. Funding: $41,863,756 is available in the Capital Budget of Austin Water.
25-1348 · Consent · Passed