Authorize negotiation and execution of all documents and instruments necessary or desirable to convey approximately 0.015 acre (653 square feet) of electric easement located on the property at 15205 Thatcher Drive to Pedernales Electric Cooperative, Inc. for a payment to the City of not less than $294. Funding: This item is projected to result in additional revenue of $294 in the Capital Budget of Austin Watershed Protection.

Summary

The City Council is authorizing the negotiation and execution of documents to convey approximately 0.015 acre (653 square feet) of electric easement located at 15205 Thatcher Drive to Pedernales Electric Cooperative, Inc. The sale price is not less than $294, which will be added to the Capital Budget of Austin Watershed Protection. Austin Watershed Protection has confirmed that granting this easement will not compromise its operations.

Citizen Impact

This action involves the sale of a small electric easement for $294, with no direct impact on residents' services or costs.

Confidence

high