HomeMy WebLinkAbout26-1180ORDINANCE NO.26-1180
AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE AND
ADMINISTER AFFORDABILITY INCENTIVE AGREEMENTS ON BEHALF OF THE CITY
OF DENTON, FOR ZONING INCENTIVES AS DESCRIBED IN SECTION 2.12 OF THE
DENTON DEVELOPMENT CODE AS ELIGIBLE; AND PROVIDING AN EFFECTIVE
DATE.
WHEREAS, on October 15, 2024, the City Council adopted Section 2.12 of the Denton
Development Code, creating the Affordability Incentive Program is to foster diverse housing
options and opportunities for everyone in Denton; and
WHEREAS, to participate in the Affordability Incentive Program, a developer of an
eligible affordable housing development in the City of Denton must execute an Affordability
Incentives Agreement consistent with Section 2.12.B.2 of the Denton Development Code; and
WHEREAS, Section 2.12 of the Denton Development Code provides that the Director of
the Department of Community Development is responsible for the review of the Affordability
Incentives Agreements and the consideration of approval criteria for a proposed development's
participation in the Affordability Incentive Program; and
WHEREAS, to promote organizational efficiency, the City Council finds it in the public
interest to authorize the City Manager or their designee to administratively execute Affordability
Incentive Agreements with eligible applicants pursuant to Section 2.12 of the Denton Development
Code; NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES:
SECTION 1. The recitals contained in the preamble of this Ordinance are found to be true
and incorporated by reference into the body of this Ordinance as if fully set forth herein.
SECTION 2. The City Manager, or their designee, is authorized to execute on behalf of
the City Affordability Incentive Agreements in accordance with Section 2.12 of the Denton
Development Code in a form approved by the City Attorney.
SECTION 3. The City Manager, or their designee, is further authorized to carry out all
obligations and duties of the City as set forth in Affordability Incentive Agreements.
SECTION 4. This Ordinance shall be effective as of its date of approval and passage by
City Council.
The motion to approve this Ordinance was made by Villarreal and seconded by Jester,
the Ordinance was passed and approved by the following vote [7 - 01:
Aye Nay Abstain Absent
Mayor Chris Watts:
Jordan Villarreal, District l:
✓
Nick Stevens, District 2:
✓
Suzi Rumohr, District 3:
✓
Joe Holland, District 4:
✓
George Ferrie, At Large Place 5:
✓
Jill Jester, At Large Place 6:
✓
PASSED AND APPROVED this the 4th day of August, 026.
CHRIS WATTS,
ATTEST:
KRISTI FOGLEJNTERIM CITY SECRETARY
BY: la9.1
APPROVED AS TO LEGAL FORM:
MACK REINWAND, CITY ATTORNEY
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Scutt Bray
BY:Deputy City Attomcy