Presenter/Contact
Presenter
Matthew Eckmann, Real Estate Manager
Contact Info
(830) 221-4089 - meckmann@nbtexas.org
Subject Header
SUBJECT:
Title
Approval of an Amendment to Electric Line Easement between the City of New Braunfels and LCRA Transmission Services Corporation for upgrades to an existing electric line easement on properties identified as 99.07 acres called Tract No. 2 “Landa Park” tract out of the Juan Martin Veramendi Survey, Abstract No. 2 and Lot 12, Block 8 Landa Park Highlands No. 2 in the City of New Braunfels, Comal County, Texas.
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BACKGROUND / RATIONALE:
The City of New Braunfels is the owner of properties located within Landa Park and a portion of Panther Canyon. Currently, LCRA has an existing easement to operate their transmission line across the properties. LCRA is in the process of replacing their lattice type structures with monopole structures and as part of this process desires to amend their current electric line easement to accommodate for the new structures.
The properties are currently being utilized as park land and the proposed easement amendment does not have an effect on currant usage. LCRA has offered $571,800.00 for this easement amendment.
ADDRESSES A NEED/ISSUE IN A CITY PLAN OR COUNCIL PRIORITY:
FISCAL IMPACT:
Funds will be received from LCRA for this easement acquisition.
Recommendation
COMMITTEE RECOMMENDATION:
N/A
STAFF RECOMMENDATION:
Staff recommends approval of this easement agreement.