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Keller ISD board accepts a $503,066 offer for transmission-line easement on Golden Triangle property
Summary
Trustees approved an easement and right-of-way agreement with Encore Electric Delivery Company for a planned transmission line along the district’s Golden Triangle property. The board accepted an appraisal-driven final offer of $503,066 after negotiations raised the amount from an earlier proposal.
The Keller ISD Board of Trustees approved an easement and right‑of‑way agreement on Feb. 27 with Encore Electric Delivery Company to permit an electric transmission line to run along the edge of the district’s Golden Triangle property.
Background: Encore had initially proposed a payment of $335,412 for an easement roughly 70 feet wide across about three acres, which would have run through the middle of the parcel. Keller ISD asked for an independent appraisal and reopened negotiations. Based on that appraisal, Encore’s best‑and‑final offer increased to $503,066, which the board accepted rather than pursue condemnation.
Why it matters: Trustees said the board sought to protect district interests and preferred a line that runs along Keller Hicks Road at the property edge rather than bisecting the property. The administration said Encore’s revised route reduces intrusions on the interior of the parcel. Board members expressed disappointment that Encore would not accept a higher counteroffer, and an alternate asking price of $5 per square foot (which trustees estimated would have yielded roughly $698,000) was discussed but not accepted.
Key transaction details: The administration recommended acceptance of Encore’s appraisal-based offer. The district has a limited window to respond to Encore’s proposal and received an extension so trustees could consider the item at the Feb. 27 meeting. The board approved the easement agreement by vote recorded in the minutes (6–0).
Next steps and caveats: Administration noted condemnation remains an option if negotiations fail but said eminent-domain proceedings are a separate, lengthier legal process. Trustees asked staff to continue to monitor adjacent zoning and to consult Fort Worth city officials because several district-owned Fort Worth parcels are being considered for blanket rezoning.
Ending: The board approved the easement agreement and the district will record the transaction and proceed with the conditions in the MOU with Encore.
