Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for the Corridor Program Project - East Martin Luther King Jr. Boulevard/Farm to Market Road (FM) 969 for the public use of street right-of-way and construction, wastewater betterments, shared-use path route, and landscaping within the project area to address congestion and enhance safety for pedestrians and cyclists, requiring the acquisition of 0.5330 acres (23,218 square feet) of street right-of-way and approximately 0.0953 acres (4,152 square feet) of wastewater easement, being out of and a portion of the Phillip McElroy Survey No. 18, Abstract No. 16, in the City of Austin, Travis County, Texas, being out of those two tracts called Tracts I and II, said Tract I being described as Lot 1, June and Joe Allen Addition, a Subdivision Recorded April 23, 1980, in Book 79, Page 234, Plat Records, Travis County, Texas, and said Tract II being 2.305 acres, and being described as 2.300 acres in Document No. 2005138118, Official Public Records, Travis County, Texas, currently appraised at $716,096 subject to an increase in value based on updated appraisals or a Special Commissioners’ award. The owners of the needed property are PB Austin Ridge, LLC, a Texas limited liability company; MF Austin Ridge, LLC, a Texas limited liability company; and 3423 Investments, LLC, a Texas limited liability company. The property is located at the intersection of FM 969 and Decker Lane at 00 FM 969, Austin, Texas 78724. The general route of the project is along FM 969 between United States Route 183 and Decker Lane.

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Official votes