HomeMy WebLinkAbout24-1492ORDINANCE NO. 24- 1492
AN ORDINANCE OF THE CITY OF DENTON APPROVING A GRANT TO GREEN EGGS
& HAM, LLC FOR IMPROVEMENTS LOCATED AT 116 W. OAK ST. FROM THE
DOWNTOWN REINVESTMENT GRANT PROGRAM FOR A FIRE SUPPRESSION
GRANT IN AN AMOUNT NOT TO EXCEED $50,000 FROM TIRZ FUNDS; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, on April 3, 2007, the City Council approved the Downtown Reinvestment
Grant Program (the “Program”) by Ordinance No. 2007-072; and
WHEREAS, on December 14, 2021, the City Council approved changes to the Program by
Ordinance No. 21-2626; and
WHEREAS, Green Eggs & Ham, LLC, owner of the property located at 116 W. Oak St.
(the “Property”), applied for a $50,000.00 fire suppression grant in accordance with the Program;
and
WHEREAS, the Tax Increment Financing Reinvestment Zone Number One Board and
the Downtown Economic Development Committee reviewed the application in accordance with
the Program and recommend a fire suppression grant in an amount not to exceed $50,000 from
TIRZ funds; and
WHEREAS, it is in the public interest and benefits the Downtown TIRZ to award the
Downtown Reinvestment Grant, thereby protecting public health and safety, stimulating economic
development, and promoting desired redevelopment in the downtown area of the City of Denton;
NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS :
SECTION 1. The findings and recitations in the preamble of this ordinance are found to
be true and incorporated herein by reference as if fully set forth in the body of this ordinance.
SECTION 2. The City Council of the City of Denton hereby approves the Agreement
attached hereto authorizing a fire suppression grant in an amount not to exceed $50,000.00 from the
Program.
SECTION 3. The City Manager, or their designee, is hereby authorized to execute the
Agreement and to carry out the duties and responsibilities of the City, including the expenditure
of funds as provided in the Agreement.
SECTION 4. This Ordinance shall become effective immediately upon its passage and
approval.
The motion to approve this Ordinance was made by Bfb),., £l, I, hcC+L and
seconded by a,vI Me,\ \n/ ; the Ordinance was passed and approved by thefollowing vote n-A :
Aye Nay Abstain Absent
Mayor Gerard Hudspeth:
Vicki Byrd, District 1 :
Brian Beck. District 2:
Paul Meltzer, District 3 :
Joe Holland. District 4:
Brandon Chase McGee, At Large Place 5 :
Jill Jester, At Large Place 6:
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PASSED AND APPROVED this the 6t- dayof A,S„+, 2024a-,,//'::::-:"'-"-"-'–
RD HUDSPETH. MAYOR
ATTEST:
LAUREN THODEN, CITY SECRETARY run
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APPROVED AS TO LEGAL FORM:
MACK REINWAND, CITY ATTORNEY
gag/9BY:
Scott Bray, Deputy City Attorney