HomeMy WebLinkAbout24-1975ORDINANCE NO. 24-1975
AN ORDINANCE OF THE CITY OF DENTON, A TEXAS HOME-RULE MUNICIPAL
CORPORATION, AUTHORIZING THE CITY MANAGER OR DESIGNEE TO EXECUTE A
DEVELOPMENT AGREEMENT wrrH HL FUND II DENTON, L.P., A TEXAS LIMITED
PARTNERSHIP, FOR THE DESIGN AND CONSTRUCTION OF PAVrNG PUBLIC
IMPROVEMENTS; PROVIDING FOR THE EXPENDITURE OF FUNDS IN THE NOT-TO-
EXCEED AMOUNT OF $643,107.00 THEREFOR; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, HL FUND II DENTON, L.P. (the “Developer”), is the owner of 37.17 acre
commercial property located north of Jim Christal and east ofMasch Branch in the City of Denton,
Texas (the “Property”); and
WHEREAS, Developer is in the process of developing and improving the Property and in
connection with the same, must design, construct, and install paving public improvements to
service the Property the following improvements to Jim Christal Road: addition of two lanes, a
median, storm sewer improvements, and sidewalk on the northern portion of said road from North
Masch Branch Road and extending east approximately 1,264; and also designing, constructing
and installing the following improvements to North N4asch Branch Road: addition of two lanes,
storm sewer improvements, and sidewalks from Jim Christal Road and extending north for
approximately 818 feet adjacent to the Property (the “Required Facilities”); and
WHEREAS, as part of these Required Facilities, Developer is proposing widening Jim
Christal Road from two (2) lanes to four (4) lanes from North Masch Branch Road to N. Western
Boulevard to improve mobility and reduce congestion adjacent to the Property (the “Public
Facilities”); and
WHEREAS, the City has adopted the 2022 Mobility Plan (the “Mobility Plan”), comprising
a thoroughfare plan map and associated thoroughfare standards, guiding the buildout of the city’s
roadway, sidewalk, and on-street bicycle transportation network; and
WHEREAS, the City, in accordance with its ordinances, wishes to participate in the cost of
designing, constructing and installing said Public Facilities to provide increased mobility and align
with the Mobility Plan and all necessary appurtenances thereto; and
WHEREAS, the City Council has provided in the City budget for the appropriation of funds
to be used for the purchase of the materials, equipment, supplies, or services approved and accepted
herein; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The recitals contained in the preamble of this ordinance are hereby
incorporated into the body of this ordinance are true and correct.
SECTION 2. The City Manager, or her designated representative, is hereby authorized to
execute the Development Agreement which is attached hereto and incorporated herein as Exhibit
A
SECTION 3. The City Council of the City of Denton hereby expressly delegates the
authority to take any actions that may be required or permitted to be performed by the City of
Denton under this ordinance to the City Manager of the City of Denton, or her designee.
SECTION 4. The City Council hereby authorizes the expenditure of funds therefor in the
amount and in accordance with the Development Agreement attached hereto and incorporated
herein as Exhibit A.
SECTION 5. This ordinance shall become effective immediately upon its passage and
approval.
The motion to approve this ordinance was made by Bran Beck and
seconded by Brandon Chase McGee
following vote L a . This ordinance was passed and approved by the
Aye
X
X
X
+-
X
X
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:
PASSED AND APPROVED this the 7th day of January _, 2025.
C£a<££YOR
ATTEST:
LAUREN THODEN, CITY SECRETARY
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w:dCUM®JodJ.AN
APPROVED AS TO LEGAL FORM:
MACK REINWAND, CITY
ATTORNEY
Mack l?eihwaha
BY: