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Minutes February 1, 2005 AGENDA Agenda Item~_ I CITY OF DENTON CITY COUNCIL Date August 22, 2000 After detqrmimng that a quorum is present and convemng ~n an Open Meettng, the Ctty Counctl will convene m a Closed Meetmg of the Ctty of Denton Ctty Councd on Tuesday, August 22, 2000 al 5~15 p m m the City of Denton Counml Work Sesston Room, Denton City Hall, at 215 East McKmney, Denton, Texas to consider spectfic ~tems when these ttems are hsted below under the Closed Meeting section of this agenda When 1terns for consideration are not hsted under the Closed Meeting section of the agenda, the C~ty Councd w~ll not conduct a Closed Meeting at 5 15 p m and will convene at the time listed below for its regular or special called meeting The City Councd reserves the right to adjourn tnto a Closed Meettng on any ttem on tts Open Meeting agenda consistent w~th Chapter 551 of the Texas Government Code, as amended, as set forth below 1 Closed Meeting [**Before the Denton City Councd may dehberate, vote, or take final action on each of the agenda items posted as a compettttve matter ~n a Closed Meettng under the provtslons of TEX GOV'T CODE Sectton 551 086(c), the C~ty Counctl must first make a good froth determmatton, by majority vote of members, that the partmular agenda ~tem ts a competitive matter that sattsfies the reqmrements of Section 551 086(b)(3) The vote shall be taken dunng the Closed Meetmg and shall be included m the certffied agenda of the Closed Meettng If the City Council fails to determine by a majority vote that the parttcular agenda item satisfies the requirements of Section 551 086(b)(3), the Ctty Councd may not deliberate or take any further action on that agenda ~tem ~n the Closed Meettng] A Deliberations Regarding Certain Pubhc Power Utd~ttes Competmve Matters --- Under TEX GOV'T CODE Section 551 086 ** Dehberattons Concernmg Real Property --- Under TEX GOV'T CODE Section 551 072 Consultatton W~th Attorney --- Under TEX GOV'T CODE Sectton 551 071 (1) Receive information from Staff, d~scuss, dehberate, constder, and provtde Staff wtth d~rect~on respecttng the valuatton of, and the posstble sale, transfer, assignment, or other dtvesttture of real property pertatmng to the Ctty of Denton's elecmc utdtty system, tncludmg, without huntatlon the G~bbons Creek generation facthty located in Grimes County, Texas, the Spencer generation facd~ty located on Spencer Road tn Denton County, Texas, the two hydroelectric factht]es located ~n Denton County, Texas, and other components of the Ctty's electric generation assets Conduct a consultation w~th the C~ty's attorneys ~n order to obtmn the adwce and recommendations of the C~ty's attorneys concerning the above-referenced issues, where to d~scuss such ~ssues and matters tn a pubhc meetmg would conflict w~th the attorneys' duttes and professtonal responslbthttes to thetr chent under the Texas Dtsclphnary Rules of Professtonal Conduct ANY FINAL ACTION, DECISION, OR VOTE ON A MATTER DELIBERATED IN A CLOSED MEETING WILL ONLY BE TAKEN IN AN OPEN MEETING THAT IS HELD IN COMPLIANCE WITH TEXAS GOVERNMENT CODE, CHAPTER 551, EXCEPT TO THE EXTENT SUCH FINAL ACTION, DECISION, OR VOTE IS TAKEN IN THE CLOSED MEETII~G IN ACCORDANCE WITH THE PROVISIONS OF SECTION 551 086 OF THE TEXAS i GOVERNMENT CODE (THE "PUBLIC POWER EXCEPTION") THE CITY