Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for the Cap Ex South, CKT987 & 1031 Structure Relocation 2021 Project for the public use of relocating various structures along existing circuits 926/927, 987, and 988 to accommodate the Texas Department of Transportation expansion of Interstate Highway 35 (IH 35), requiring the acquisition of 0.168 acres (7,319 square feet) of a permanent electric transmission and distribution easement, being a portion of Lot 23, Block “A”, Circle “S” Ridge Section 1, a Subdivision recorded September 14, 1946 in Book 4, Page 285, Plat Records, Travis County, Texas, a portion of said lot 23 (Tract II) conveyed to Long Reas Estate holdings, LLC by Warranty deed with vendor’s lien dated November 27, 2012, as record in document No. 2012202489, official public records, Travis County, Texas, November 27, 2012 from Long Real Estate Holdings, LLC, a Texas limited liability company located at 7008 South Interstate Highway 35, Austin, Texas 78745, currently appraised at $572,123, subject to an increase in value based on updated appraisals or a Special Commissioners’ award. The owner of the needed property is Long Real Estate Holdings, LLC. The property is located at 7008 South IH 35, Austin, Texas, 78745. The general route of the project is along IH 35 from State Highway (SH) 71 south to SH 45.

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