03-2: MOU AE CapEx — original pdf

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M E M O R A N D U M O F U N D E R S T A N D I N G TO: FROM: Stuart Reilly General Manager, Austin Energy M.O.U. APR 25-006 Jesús Aguirre Director, Austin Parks and Recreation SUBJECT: Austin Energy Capital Express Central at Lady Bird Lake FDU #; 3230 1107 K386; Project I.D.: 13180.017 DATE: Austin Energy is allowed to use the parkland located at Edward Rendon Sr. Park at Festival Beach as part of the work site for the above referenced project, as indicated in Attachment “B” (Location Map). The parkland is to be used for Permanent Use. The requested area is: Permanent Use: 15,368 sq. ft. = $2,414,240 Total Parkland Mitigation Amount = $2,414,240 Austin Energy is in agreement to provide the following mitigation ($2,414,240) in return for use of the parkland after City Council has approved this request. The estimated Project Start Date is October 2026 The estimated duration of the construction on parkland 120 Calendar Days. Estimated Date of Final Completion (Restoration complete and accepted by Environmental Inspector and Austin Parks and Recreation; Parkland open for Public Use) is May 2027. Austin Energy commits to the following construction coordination measures: • Notice of construction will be provided at least 30 calendar days in advance of initial construction to Austin Parks and Recreation (APR). Austin Energy will endeavor to work with APR to accommodate Festival Beach events while complying with applicable Chapter 26 notification requirements. (Attachment C). • Austin Energy will work within the approved construction plan and will contact APR in advance regarding any modifications or extensions to parkland use. Austin Energy will avoid disrupting scheduled park events where feasible and will avoid construction on parkland during weekends whenever practicable, in coordination with APR and Community Partners. (Attachment D) • Austin Energy will not stage or store construction equipment or materials on parkland. • Austin Energy will ensure continuous access to the Festival Beach Community Garden and Festival Beach Food Forest throughout construction, with only short periods of restricted access at the Waller Street entrance for safety reasons; alternate access will remain available. (Attachment E). • On-site trees may not be pruned over 25%, in accordance with City of Austin code. Austin Energy pruning will follow arborist guidelines and Austin Energy’s vegetation management standards to ensure public and system safety. Transmission structure placement has been designed to minimize impacts on critical root zones (see Austin Energy Vegetation Management). 1 of 2 • Austin Energy agrees to review the proposed plantings as outlined in the Parkland Donation Improvement, Maintenance, and Programming Agreement (Attachment F). • Austin Energy will notify Austin Parks and Recreation upon completion of construction within parkland. It is the responsibility of Austin Energy to initiate an IET funds transfer from AE FDU 3230 1107 K386 (SPID # 13180.017) to APR’s FDU 8741-8607-3020-4888 in the amount of ($2,414,240) into within 30 Calendar Days after execution of this Memorandum of Understanding Austin Energy Point of Contact: Allen Small Phone Number: 512-695-4054 APR Point of Contact: Paul Books Phone Number: 512-978-1315 Parks & Recreation Board: March 23, 2026 City Council Approval: ____________________________________________________________ Jesús Aguirre Director, Austin Parks and Recreation Date CONCURRENCE ____________________________________________________________ Stuart Reilly General Manager, Austin Energy Date Attachments: A (Mitigation Calculation Worksheet) B (Location Map) C (List of Community Partners) D (Event Calendar) E (Community Partner Map) F (Parkland Donation, Improvement, Maintenance, and Programming Agreement) 2 of 2