Approve an ordinance authorizing the negotiation and execution of all documents and instruments necessary or desirable to acquire approximately 801 square feet of aerial electric transmission easement for Austin Energy out of Lot 12-A, Resubdivision of Lots 11 and 12, Block 2 of O’Reilly’s Subdivision, a subdivision in Travis County, Texas, according to the map or plat thereof recorded in Book 32, Page 15, Plat Records, Travis County, Texas, located at 1211 San Bernard Street, Austin, Texas 78702, from Todd Piccus, Trustee of the Todd Piccus Living Trust dated September 17, 2012, in exchange for an encroachment agreement authorizing the permanent encroachment of no more than 90 square feet of the public right-of-way of East 13th Street and no more than 45 square feet of the public right-of-way of San Bernard Street by the existing historic structure located at the property and a revocable license agreement for the canopy attached thereto, provided the fair market value of the electric easement exceeds the fair market value of the encroachment. Funding: This item has no fiscal impact.
25-2554 · Consent · Passed