File #: ID 25-1276    Version: 1 Name:
Type: Ordinance
File created: 7/8/2025 In control: City Council
On agenda: 10/21/2025 Final action:
Title: Consider adoption of an ordinance of the City of Denton providing for the abandonment, relinquishment, and quitclaim a public utility and slope easement being approximately 0.151-acre, situated in the M.E.P. & P.R.R. Survey, Abstract number 1469, recorded by County Clerk document number 2014-128542, Real Property Records, Denton County, Texas granted to the City of Denton by Habib Pyarali Arab; providing for the quitclaim thereof to Velocis Denton South JV, LP, a Delaware limited partnership; providing for the terms and conditions of the abandonment, relinquishment, and quitclaim made herein; providing for the conveyance of a easement and/or facilities to the City of Denton; providing for the indemnification of the City of Denton against damages arising out of the abandonment herein; providing for consideration to be paid to the City of Denton and providing for a severability and an effective date. (Mayhill 380 Business Park-Slope and Utility Easement Abandonments)
Attachments: 1. Exhibit 1 - Agenda Information Sheet, 2. Exhibit 2 - Location Map, 3. Exhibit 3 - Site Map, 4. Exhibit 4 - Subject Easement, 5. Exhibit 5 - Secretary of State Corporation members list, 6. Exhibit 6 - Ordinance
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AGENDA CAPTION

Title

Consider adoption of an ordinance of the City of Denton providing for the abandonment, relinquishment, and quitclaim a public utility and slope easement being approximately 0.151-acre, situated in the M.E.P. & P.R.R. Survey, Abstract number 1469, recorded by County Clerk document number 2014-128542, Real Property Records, Denton County, Texas granted to the City of Denton by Habib Pyarali Arab; providing for the quitclaim thereof to Velocis Denton South JV, LP, a Delaware limited partnership; providing for the terms and conditions of the abandonment, relinquishment,  and quitclaim made herein; providing for the conveyance of a easement and/or facilities to the City of Denton; providing for the indemnification of the City of Denton against damages arising out of the abandonment herein; providing for consideration to be paid to the City of Denton and providing for a severability and an effective date. (Mayhill 380 Business Park-Slope and Utility Easement Abandonments)

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