SUBJECT:
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Approval of a resolution authorizing the President & CEO, or her designee, to finalize and execute the purchase of .0239 of one acre (1,039 square feet) of land for a drainage easement from Orangestone TG, LLC in a total not to exceed amount of $168,318.
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FISCAL IMPACT:
Funding for this action is available in the FY2025 Capital Budget.
STRATEGIC PLAN:
Strategic Goal Alignment:
☒ 1. Customer ☒ 2. Community
☐ 3. Workforce ☐ 4. Organizational Effectiveness
EXPLANATION OF STRATEGIC ALIGNMENT: The purchase of the drainage easement land will enable CapMetro to fulfill a key component of Project Connect related Redline improvements, specifically a new commuter rail station.
BUSINESS CASE: The purchase of the Drainage Easement land will enable the construction of the new Broadmoor commuter rail station serving the Domain, Uptown ATX development, and the surrounding area.
COMMITTEE RECOMMENDATION: The item was presented and recommended for approval by the Operations, Planning and Safety Committee on June 11, 2025.
EXECUTIVE SUMMARY: In December 2020, CapMetro entered into an agreement (Agreement Regarding Transit Facilities and Related Improvements at the Uptown ATX Development) with Broadmoor Austin Associates and BDN Management, Inc. (“Brandywine”) to develop the commuter rail station located at Brandywine’s commercial development called Uptown ATX. Since that time, CapMetro and Brandywine have worked together to develop plans and apply for a City of Austin Site Development permit. The purchase of land for a drainage easement from Orangestone TG, LLC, in the amount of $168,318 is required to properly to obtain a construction permit from the City of Austin for the conveyance of water away from CapMetro’s rail right-of-way to facilitate construction of the transit facilities.
DBE/SBE PARTICIPATION: Does not apply.
PROCUREMENT: Does not apply.
RESPONSIBLE DEPARTMENT: Strategic Planning and Development
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RESOLUTION
OF THE
CAPITAL METROPOLITAN TRANSPORTATION AUTHORITY
BOARD OF DIRECTORS
STATE OF TEXAS
COUNTY OF TRAVIS
AI-2025-1498
WHEREAS, the CapMetro Board of Directors and Austin City Council approved the Project Connect System Implementation Plan in 2020, including a new commuter rail station serving the Domain area as part of improvements to the Redline commuter rail line;
WHEREAS, in December 2020, CapMetro entered into an Agreement Regarding Transit Facilities and Related Improvements at the Uptown ATX Development with Broadmoor Austin Associates and BDN Management, Inc. (“Brandywine”) to develop the commuter rail station;
WHEREAS, in May 2025, the CapMetro Board of Directors approved negotiation and execution of an Amendment to the Agreement Regarding Transit Facilities and Related Improvements with Brandywine for the purpose of updating the terms and conditions of the agreement;
WHEREAS, to facilitate the construction of the commuter rail station, CapMetro must first purchase a drainage easement owned by Orangestone TG, LLC (“Orangestone”) and located at 11301 Burnet Road, Austin, Texas 78758; and
WHEREAS, the CapMetro Board of Directors recognizes that it is desirable and helpful to the completion of this project to purchase the Orangestone easement to further the construction of the commuter rail station.
NOW, THEREFORE, BE IT RESOLVED by the Capital Metropolitan Transportation Authority Board of Directors that the President & CEO, or her designee, is authorized to finalize and execute a contract with Orangestone TG, LLC for .0239 of one acre (1,039 square feet) of land for a drainage easement, in a total amount not to exceed $168,318.
____________________ Date: ____________________
Secretary of the Board
Becki Ross