Authorize an acquisition, including the exercise of the right of eminent domain, if such becomes necessary, from Columbia Packing of Texas, Ltd. of an unimproved tract of land containing approximately 1.678 acres located on East 11th Street near its intersection with Cedar Crest Boulevard for the Dallas Floodway Extension Project - Not to exceed $411,900.00 ($401,900.00, plus closing costs and title expenses not to exceed $10,000.00) - Financing: Storm Drainage Management Capital Construction Fund *In alignment with Capital Improvement Program.
Summary
The City Council is asked to authorize the acquisition of approximately 1.678 acres of unimproved land located on East 11th Street near Cedar Crest Boulevard from Columbia Packing of Texas, Ltd. The acquisition is for the Dallas Floodway Extension Project. The maximum cost for the land is $411,900.00, which includes the purchase price of $401,900.00 and up to $10,000.00 for closing costs and title expenses. This acquisition is funded by the Storm Drainage Management Capital Construction Fund and aligns with the Capital Improvement Program. The city may exercise the right of eminent domain if necessary to complete the acquisition.
This action allows the city to acquire land for the Dallas Floodway Extension Project, which aims to improve flood control infrastructure. Residents in the vicinity should be aware of potential land acquisition activities, though the specific property is currently unimproved.
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