Minutes July 12, 199648'9
citY council. MImrrEs
July 12, 1996
The Council convened into a Special Call Meeting on Friday, at 4:00
p.m. in the City Council Chambers of City Hall.
PRESENT:
ABSENT:
Mayor Pro Tem Brock, Council Members Biles, Beasley and
Corr.
Mayor Miller, Council Members Krueger and Young.
1. Resolution
A. The Council considered approval of a resolution
recommending the creation of a County Development District by
Denton County pursuant to Chapter 312, Texas Tax Code relating to
approximately 285.67 acres with the Texas Instruments Addition, Lot
1, Block 1 of the City of Denton for the purpose of promoting
economic development.
Linda Ratliff, Economic Development Coordinator, stated that the
resolution was a reaffi~,,ation of support, for the establishment of
a County Development District. The original request was for
establishment of the CDD for a specific purpose. The new request
would create the CDD to be used as a marketing tool for future
economic development.
Council Member Cott questioned when the City would have to start
paying rent on the facility.
Ratliff stated that the rent was associated with the 4B corporation
and not the CDD.
The following item will be considered:
R96-029
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS
REAFFIRMING RESOLUTION NO. R96-027 CALLING FORT HE CREATION OF
A COUNTY DEVELOPMENT DISTRICT BY DENTON COUNTY PURSUANT TO
CHAPTER 312, TEXAS TAX CODE RELATING T APPROXIMATELY 285.67
ACRES WITH THE TEXAS INSTRUMENTS ADDITION, LOT 1, BLOCK 1 OF
THE CITY OF DENTON FOR THE PURPOSE OF PROMOTING ECONOMIC
DEVELOPMENT.
Biles motioned, Beasley seconded to approve the resolution. On
roll vote, Beasley "aye", Brock "aye", Cott "aye", and Biles "aye".
490
CITY OF DENTON CITY COUNCIL MINUTES
July 12, 1996
Page 2
With no further business, the meeting was adjourned.
EULINE BROCK, MAYOR PRO TEM
CITY OF DENTON, TEXAS
DEPUTY CITY SECRETARY
CITY OF DENTON, TEXAS
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