Approve a resolution authorizing the filing of eminent domain proceedings and payment to acquire the property interests needed for CKT961 Induction Reduction Project for the public use of mitigating an induced voltage by the Austin Energy Circuit 961 transmission line on the Capital Metropolitan Transportation Authority (CapMetro) Red Rail Line requiring the acquisition of a permanent electric transmission and distribution easement consisting of approximately 0.1309 of one acre (5,704 square foot) easement consisting of three parts out of the Rachael Saul Survey, Abstract No. 551, Williamson County, Texas, being a portion of Lot 1, Block A, Replat of Davis Spring Commercial Section 3, a subdivision of record in Document Number 2018027822, Official Public Records, Williamson County, Texas, said Lot 1 conveyed to TA Rhythm Apartments, LLC by Special Warranty Deed dated October 28, 2021, as recorded in Document Number 2021165405, Official Public Records, Williamson County, Texas, currently appraised at $60,962 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 TA Rhythm Apartments, LLC, a Texas limited liability company. The property is located at 9701 Spectrum Drive, Austin, Texas 78717. The general route of the project begins at the Jollyville Substation and runs parallel to the CapMetro Red Line, crossing over Ranch Road 620 North and Highway 45, heading east towards West Howard Lane, ending at the Ashton Woods Substation. Funding: $60,962 is available in the Capital Budget of Austin Energy.

The Council is being asked to greenlight eminent domain proceedings to acquire a small easement — about 0.13 acre (5,704 square feet) — at 9701 Spectrum Drive in northwest Austin, currently owned by TA Rhythm Apartments, LLC. The land is needed for Austin Energy's CKT961 Induction Reduction Project, which aims to mitigate an induced voltage that the utility's Circuit 961 transmission line creates along CapMetro's Red Line rail route running from the Jollyville Substation east to the Ashton Woods Substation. The easement is appraised at $60,962, available in Austin Energy's Capital Budget, though that figure could rise based on updated appraisals, a settlement, or a court judgment.

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