HomeMy WebLinkAbout24-1905ORDINANCE NO. 24- 1905
AN ORDINANCE OF THE CITY OF DENTON AMENDING ORDINANCE NO. 24- 795.
APPROVED BY CITY COUNCIL MAY 21, 2024, BY ALTER[NG SECTION 3
THEREOF TO REMOVE THE REVERTER PROVISIONS; PROVIDING A SAVINGS
CLAUSE; PROVIDING FOR CONSIDERATION TO BE PAID TO THE CITY OF
DENTON IN THE AMOUNT OF ($15,751.00); AND PROVIDING AN EFFECTIVE
DATE
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. That Ordinance No. 24-795 adopted by City Council of the City of
Denton on May 21, 2024, be and the same is hereby amended by deleting all references
in Ordinance No. 24-795 to “reverter” and “reverter interest”.
SECTION 2. That Ordinance No. 24-795 adopted by City Council of the City of
Denton on May 21, 2024, be and the same is hereby amended by altering and amending
Section 3 thereof to read as follows:
“SECTION 3. That for and in monetary consideration of the sum of Fifteen
Thousand Seven Hundred Fifty- One and 00/100 Dollars ($ 15.75 1.00)Three
HL Fund II Denton, L.P., a Texas limited partnership Bret Ellis Wier and
Jaquita Lynn Wier, and the further consideration described in Sections 2 the
City of Denton does by these presents FOREVER QUITCLAIM unto the
said Grantee, subject to the conditions, reservations, and exceptions
hereinafter made and with the reverter interest herein stated, all its right, title
and interest in and to the certain tract(s) or parcel(s) of land hereinabove
described in Exhibit A. Provided however, that if any buildings situated on
in whole or in part by GIL\NTEE, its successors and assigns, then this
this ordinance. TO HAVE AND TO HOLD all of such right, title and interest
in and to the property and premises, subject aforesaid, together with all and
singular the rights, privileges, hereditaments and appurtenances thereto in any
manner belonging unto the said Grantee forever may be abandoned,
released, and vacated.”
SECTION 3. That the terms and conditions of Ordinance No. 24-795 shall remain in full
force and effect except as repealed hereby.
SECTION 4. That the City Secretary is hereby authorized and directed to certify a copy of
this ordinance for recordation in the Deed Records of Denton County, Texas, which certified
copy shall be delivered to the Director of Development Services, or designee.
SECTION 5. This Ordinance shall become effective immediately upon its passage and
approval.
The motion to approve this ordinance was made by Paul Meltzer and seconded by
Brian Beck, the ordinance was passed and approved by the following vote [ 6 - 0 ]:
Aye
X
Nay Abstain Absent
Gerard Hudspeth, Mayor:
Vicki Byrd, District 1 :X
XBrian Beck, District 2:
Paul Meltzer. District 3 :X
XJoe Holland, District 4:
Brandon Chase McGee:
At Large Place 5
X
Jili Jester, At Large Place 6:X
PASSED AND APPROVED this the 24th day of September, 2024.
GERARD HUDSPETH, MAYOR
ATTEST:
LAUREN THODEN, CITY SECRETARY
f.BY a
APPROVED AS TO LEGAL FORM:
MACK REINWAND, CITY ATTORNEY
BY:Bq'MrM AP. Sw7)& dd