Request Commissioners' Court consideration and approval of an expansion of the existing easement to Oncor Electric. Oncore Electric is requesting an expansion of their existing easement in our flood plain east of the Minimum Security building. The easement will add just over two acres to the existing easement and we will receive $135,000.00 for the value of the land, or $1.50 per square foot. An appraisal of the land is attached for your review. This easement will be used to add above ground poles and wire to connect the new substation north of Honey Creek to our current service line along Hwy 75. In the event of a service disruption from our current substation in McKinney, Oncor will be able to switch service to the new substation and limit outages. Once approved by Court and signed by Judge Hill we will meet with Oncor to finalize the transaction.
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