Delegation of Authority - Negotiate Real Estate TransactionsCITY
OF
DENTON
MEMORANDUM
DATE: November 13, 2019
FROM: Todd Hileman, City Manager
TO: Rosa Rios, City Secretary
CC: Mario Canizares, Deputy City Manager
Todd Estes, City Engineer and Director of Capital Projects Department
SUBJECT: Delegation of Authority to Negotiate Real Estate Transactions
(EFFECTIVE July 31, 2019)
In order to facilitate operational efficiencies in connection with the purchase of real property interests
needed or desired for public projects, and in accordance with the authority granted to me as City Manager
under Section 10-28 of the Code of Ordinances, I hereby authorize and delegate to the Deputy Director of
Real Estate, the authority to make all offers and to accept negotiated counter offers for settlement for the
purchase of real property interests up to $50,000.00, without additional approval of the City Manager.
Authority to negotiate transactions, including making and accepting counter offers between $50,000.00
and $100,000.00 may be delegated as deemed appropriate by the City Manager; and otherwise will
continue to be administered in accordance with Section 10-28 of the Code of Ordinances.
Negotiated transactions above $100,000.00 will continue to be administered in accordance with
Ordinance No. 2013-094.
An independent appraisal is required prior to closing and funding the purchase of real property interests
using bond funds.
This authorization shall be retroactively effective as of July 31, 2019 and will remain in effect until
further notice. Please keep this letter on file for validation of actions taken by the delegation of authority
granted hereunder.
GJj Ll--�
Todd Hileman, City Manager