Consider and take appropriate action to authorize Travis County Facilities Corporation, a Texas public facility corporation, to grant a perpetual sidewalk easement for the AAUL-Urban Empowerment Zone 1, LLC SHIP project (Contract Number 4600001020), to the City of Austin, Texas, a Texas home-rule municipal corporation, on a 0.0110 acre tract (477 sq. ft.) tract of land being out of a 1.031 acre tr
Staff Report & Agenda Item Details
The Urban Empowerment Zone I, LLC, by Austin Area Urban League Inc, its sole manager, is required to request and receive Travis County’s permission or consent to request or obtain easements because Travis County is a lien holder via the instrument Deed of Trust dated (with Security Agreement and Assignment of Rents) dated October 3, 2025 recorded in Document No. 2025111039, Official Public Records, Travis County, Texas, from Grantor to <strong id="isPasted">Delia Garza</strong>, Travis County Attorney, Trustee, securing the payment of one promissory note of even date in the original principal amount of <strong>$11,503,016.00</strong>, payable to <strong>Lien Holder, </strong>of record in Document Number <strong>2025111039</strong>, of the Official Public Records of Travis County, Texas and all other liens against the Property held by Lien Holder regardless of how created or evidenced.<br> <br>As noted in the appended in the easement request, “Grantor, for <strong>TEN AND NO/100 DOLLARS ($10.00) </strong>and other good and valuable consideration paid to Grantor, the receipt and sufficiency of which is acknowledged by Grantor, <strong>GRANTS, SELLS, AND CONVEYS </strong>to the City a non-exclusive easement in, over, under, on, and across the Easement Tract for the Easement Purpose as may be necessary or desirable subject to the Permitted Encumbrances, together with (i) the right of ingress and egress at all times over, on, and across the Easement Tract for use of the Easement Tract for the Easement Purpose, (ii) the right to eliminate any encroachments in the Easement Tract that interfere in any material way or are inconsistent with the rights granted the City under this instrument for the Easement Purpose as determined by the City in its reasonable discretion, and (iii) any and all rights and appurtenances pertaining to use of the Easement Tract (collectively, the "<strong>Easement</strong>").”