Austin airport fight: South Terminal operator LoneStar sues city over eminent domain plan "LoneStar Airport Holdings, which operates the South Terminal at Austin-Bergstrom International Airport, has filed a breach of contract lawsuit against the city, which is attempting to use eminent domain law to force LoneStar out so the city can expand the airport's main terminal." (Sarah Asch, Austin American-Statesman)

City program could start sending $1K monthly checks to 135 Austin-area families in September "Austin could begin sending monthly checks to select low-income residents in September, months after City Council agreed to a $1.18 million contract to carry out a guaranteed-income program trial for dozens of families." (Ben Thompson, Community Impact)

World Class office park in North Austin set for auction "Offices at Braker in North Austin is a step closer to going up for auction in New York City. A sale for the 45-acre office complex has been set for Sept. 29 at 2 p.m. The property, located near the intersection of Metric Boulevard and West Braker Lane, has been the subject of a testy legal feud between Los Angeles-based Karlin Real Estate LLC and Nate Paul's World Class Holdings." (Paul Thompson, Austin Business Journal)

Defense tech giant BAE Systems to move key aviation unit to Austin "Aerospace and defense technology giant BAE Systems is moving key programs from its control and avionics solutions unit to Austin, with plans to hire 100 people to support the business in the next year. The new 390,000-square-foot facility is capable of accommodating more than 1,400 employees and includes engineering, manufacturing, laboratory and office space." (Kara Carlson, Austin American-Statesman)

Iconic Austin costume shop Lucy in Disguise to close after 38 years on South Congress "It will soon be time to say goodbye to another legendary Austin business: Lucy in Disguise with Diamonds on South Congress Avenue. The store has been a staple on South Congress for decades, inspiring tourists and locals alike with wall-to-wall costumes, jewelry and accessories. It opened on April 1, 1984." (Drew Knight, KVUE/CultureMap Austin)

Parks board passes guidelines for the sale of alcohol in parks "After much discussion, Austin’s Parks and Recreation Board has posted a set of guidelines that will help them decide when to approve conditional use permits that would allow for the sale of alcohol in city parks. With the recommended guidelines in mind, the board subsequently voted to approve a CUP allowing the sale of alcohol in downtown’s Republic Square Park." (Willow Higgins, Austin Monitor)

Williamson County proposes tax rate, to decrease bill by $107 for average homeowner "Williamson County's proposed property tax rate would decrease taxes by about $107 for an average homeowner with a homestead exemption, according to official figures. The maximum proposed property tax rate of 37.5 cents per $100 valuation is about 6.6 cents below the current tax rate of 44.1 cents per $100 valuation. The Commissioners Court is considering the budget and could possibly lower the property tax rate again." (Austin-American Statesman)