Item 41 — Thursday, September 24, 2026
In plain language — from agenda source text
This item grants LCRA Transmission Services Corporation an electric transmission easement across about 10 acres of City-owned land at 18524 FM 969 in far East Austin. The easement supports a battery tolling project involving Austin Energy and Balcones Ridge Resiliency, LLC, a Jupiter Power subsidiary "— the kind of grid storage infrastructure that ties into how Austin Energy manages power supply. The City receives no less than $184,258, projected as additional revenue in Austin Energy's Fiscal Year 2026-2027 Operating Budget.
Current official agenda wording
Authorize negotiation and execution of all documents and instruments necessary or desirable to grant an electric transmission easement across 10.014 acres (436,210 square feet) of the City-owned property located at 18524 FM 969, Austin, Texas 78653 to LCRA Transmission Services Corporation, a not-for-profit company of the Lower Colorado River Authority, for an amount not less than $184,258, to support a battery tolling project of Austin Energy and Balcones Ridge Resiliency, LLC, a subsidiary of Jupiter Power, LLC. Funding: The sale is projected to result in $184,258 of additional revenue to the Fiscal Year 2026-2027 Operating Budget of Austin Energy.
"without objection, the consent agenda is adopted with the Mayor Watson being shown, voting no on items 48 through 59 and Council Member Alter being shown voting no on item number 49. [00:45:01]" — meeting transcript (unofficial)