Item 4 Passedunofficial
Approve an ordinance amending the Fiscal Year 2025-2026 Austin Financial Services Capital Budget (Ordinance No. 20250813-005) to increase appropriations by $1,079,193 available from the land sale proceeds at the St. John Site located at 800 E. St. Johns Avenue, Austin, Texas 78752 to support investment in connectivity, accessibility, and amenities in the historic St. John Neighborhood. Funding: $1,079,193 is available in the Capital Budget of Austin Financial Services. Related to Item #2 and #3.
The Council is set to amend this year's Financial Services Capital Budget to put $1,079,193 from the sale of city-owned land at the St. John Site (800 E. St. Johns Ave) back into the historic St. John neighborhood. The money is earmarked for connectivity, accessibility, and amenities — essentially reinvesting land-sale proceeds into the community around the property. It's tied to companion Items #2 and #3 on the same agenda.
"without objection, the consent agenda is adopted" — meeting transcript (unofficial)