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HomeMy WebLinkAbout24-2163 INCOMPLETEORDINANCE NO.24-2163 AN ORDINANCE OF THE CITY OF DENTON AUTHORIZING THE CITY MANAGER TO ENTER INTO A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF DENTON AND BEALL DENTON PARTNERS, L.P., FOR THE ACCEPTANCE OF PARK LAND FOR A CITY PARK AT THE NORTH POINTE DEVELOPMENT AND THE ACCEPTANCE OF PARK DEVELOPMENT FEES PURSUANT TO THE PARK LAND DEDICATION AND DEVELOPMENT FEES REQUIREMENTS OF ARTICLE III, CHAPTER 22 OF THE CiTY’S CODE OF ORDINANCES; AUTHORIZING ACCEPTANCE OF LAND; AND PROViDING AN EFFECTIVE DATE. WHEREAS, Beall Denton Partners, L.P., (the “Developer”) of the Northpointe Development (the “Development”) has asked for consideration for approval to dedicate land in lieu of Park Dedication and Park Development Fees pursuant to Chapter 22 of the City of Denton Code of Ordinances (the “Code”); and WHEREAS, Section 22-36 of the Code requires, as a condition of residential development, for a residential developer to dedicate land for parks, pay a fee-in-lieu thereof, construct park improvements, or a combination of the three options; and WHEREAS, Section 22-37 of the Code establishes that the amount of park land to be dedicated by the Developer shall be calculated pursuant to the formula provided in Section 22- 37(e) of the Code, based upon the number and type of dwelling units proposed for the Development; and WHEREAS, Section 22-39 of the Code requires the Developer to pay a park development fee for each new dwelling unit, which fees are calculated pursuant to the formula provided in Section 22-39(e) of the Code; and WHEREAS, the City and the Developer have negotiated an agreement providing for the dedication of park land and the payment of park development fees in accordance with Chapter 22 of the Code, as well as providing other terms, conditions, and obligations of the City and the Developer, in the form attached hereto as Exhibit “A” (the “Development Agreement”); and WHEREAS, the City Council finds it in the public interest for the City to enter into the Development Agreement with the Developer to provide for the dedication and development of land to satisfy the increased demand for parks created by residential growth in the City; NOW THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDA INS: SECTION 1. The findings and recitations contained in the preamble of this Ordinance are found to be true and incorporated herein by reference. SECTION 2. The City Manager or their designee is hereby authorized to execute on behalf of the City a Development Agreement in substantially the form of the Agreement, which is attached hereto and incorporated by reference herein. SEC llyN 3. Ihe Crty Manager or theIr deslgnee IS hereby authorized to accept the conveyance of land to the City and take other necessary actions on behalf of the City to satisfy the City’s obligations as set forth 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 Jill Jester and seconded by Joe Holland; the ordinance was passed and approved by the following vote [ 7 - 0 ]: 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: ./ ,“ -L I PASSED AND APPROVED this the 15th day of April, 2025. GERARD HUDSPETH, MAYOR ATTEST LAUREN THODEN, CITY SECRETARY drLI.AU-._A\',rJk APPROVED AS TO LEGAL FORM: MACK REINWAND, CITY ATTORNEY .„ bIb L\\\\\ t 1 C)}\e••