STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: August 14, 2024
COUNCIL DISTRICT(S): 2
DEPARTMENT: Water Utilities Department
EXECUTIVE: Dev Rastogi
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SUBJECT
Title
Authorize acquisition of a drainage easement from Medrano Properties, LTD., a Texas limited partnership, of approximately 547 square feet of land located on Knight Street near its intersection with Sylvester Avenue for the Throckmorton-Reagan Drainage Improvements Project - Not to exceed $24,564.00 ($22,564.00, plus closing costs, and title expenses not to exceed $2,000.00) - Financing: Stormwater Drainage Management Capital Construction Fund (This item was deferred on June 26, 2024)
Body
BACKGROUND
This item authorizes the acquisition of a drainage easement from Medrano Properties, LTD., a Texas limited partnership, of approximately 547 square feet of land located on Knight Street near its intersection with Sylvester Avenue for the Throckmorton-Reagan Drainage Improvements Project. This property will be used for the purpose of improving the storm drainage system to address flooding in the area. The consideration is based on an independent appraisal. There are no relocation benefits associated.
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On June 26, 2024, this item was deferred by Councilmember Jesse Moreno.
FISCAL INFORMATION
|
Fund |
FY 2024 |
FY 2025 |
Future Years |
|
Stormwater Drainage Management Capital Construction Fund |
$24,564.00 |
$0.00 |
$0.00 |
OWNER
Medrano Properties, LTD., a Texas limited partnership
Ricardo Medrano Sr., General Partner
MAP
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