Title
Consider a resolution authorizing the Mayor to execute an Easement Purchase Agreement with Davidass Mahendru and Swaran Mahendru for acquisition of a 0.288-acre electric utility easement for BCRUA Phase 2 project.
Body
The Brushy Creek Regional Utility Authority (BCRUA) is in the process of acquiring easements necessary for the construction of an electrical line that is required in order to provide power to the future pump station for the Phase 2 Deep Water Intake project. The Easement Purchase Agreement is with Davidass Mahendru and Swaran Mahendru for the acquisition of 0.288 acre along their property.The negotiated purchase price for this easement is $67,500 and has been approved by the BCRUA Operations Committee. Round Rock’s portion of this amount is 28.19% which equates to $19,028.25.
Cost: $67,500
Source of Funds: Regional Water Fund