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23-1780FILE REFERENCE FORM nIE X Additional File Exists Additional File Contains Records Not Public, According to the Public Records Act Other FILE(S)Date Initials 9-26'z, I fC:22. lyn ORDINANCE NO. 23-1780 AN ORDiNANCE OF THE CITY OF DENTON AUTHORIZING THE CITY MANAGER TO EXECUTE AMENDMENT 1 TO THE AGREEMENT BETWEEN THE CITY AND FORESTAR (USA) REAL ESTATE GROUP INC. FOR THE DEDICATION OF PARK LAND AND GRANTING OF A CITY TRAIL, AMENDING THE PHASING OF THE CONSTRUCTION OF THE TRAIL; AND PROVIDING AN EFFECTIVE DATE WHEREAS, pursuant to Ordinance No. 22-249, the City of Denton (the “City“) entered into an agreement on December 7, 2022 with Forestar (USA) Real Estate Group, Inc. (the “Developer”) for the dedication of park land and a city trail, as well as the construction of the city trail; and WHEREAS, the City Council of the City hereby finds that amending the Agreement pursuant to Amendment 1, a copy of which is attached hereto, serves the public interest by allowing for completion of the city trail in manageable phases; NOW THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS : SECTION 1. The findings and recitations contained in the preamble of this Ordinance are incorporated herein by reference. SECTION 2. The City Manager or their designee is hereby authorized to execut Amendment 1 to the Agreement, a copy of which is attached hereto, and to carry out the duties and responsibilities of the City under Amendment 1 and the Agreement. SECTION 3. This ordinance shall become effective immediately upon its passage and approval. The motion to approve this OrdInance was made by Br th „. b„c U and seconded by B, ,_- Jb: bt,1c hc- Ca' . Theed by the following vote U - E : Aye \/ ./ ,/ a P/ ,/ 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 : Page 1 Chris Watts, At Large Place 6:,/ PASSED AND APPROVED this the 2etk dayof S1 ' 4cuP\\4/, 2023. ATTEST: JESUS SALAZAR, CITY SECRETARY APPROVED AS TO LEGAL FORM: MACK REINWAND. CITY ATTORNEY Digitally signed by gMeZ-- A, Eb’,',.q„p BY: 09:59:53 -05'oo' Page 2