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 the existing circuits 926, 927, 987, and 988 requiring relocation to accommodate the Texas Department of Transportation expansion of Interstate Highway 35 (I-35) as part of its I-35 Capital Express program, requiring the acquisition of a Permanent Electric Transmission and Distribution Easement, consisting of 0.584 of one acre (25,438 square foot, consisting of two parts, part 1 consisting of 2,562 square feet and part 2 consisting of 22,876 square feet), an Access Easement, consisting of 0.1272 of one acre (5,540 square foot), and a Temporary Construction Easement, consisting of 0.1591 of one acre (6,928 square foot, consisting of three parts, part 1 consisting of 329 square feet, part 2 consisting of 3,874 square feet, and part 3 consisting of 2,725 square feet of land out of the Santiago Del Valle survey, Abstract No. 24, Travis County, Texas, being a portion of the remainder of Lot 4A, Block “A”, resubdivision of Lot 4, Block “A” South Bend Subdivision, a subdivision of recorded September 2, 2003 in Document No. 200300231, Official Public Records, Travis County, Texas , currently appraised at $1,462,131 subject to an increase in value based on updated appraisals, a Special Commissioner’s award negotiated settlement, or judgment. The owner of the needed property is Home Depot, U.S.A., Inc. The property is located at 124 East Slaughter Lane, Austin, TX 78744. The general route of the project is along Interstate Highway 35 from Texas State Highway 71 south to Texas State Highway 45. Funding: $1,462,131 is available in the Capital Budget of Austin Energy.

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