File #: ID 26-0088    Version: 1 Name:
Type: Ordinance
File created: 1/23/2026 In control: City Council
On agenda: 2/3/2026 Final action:
Title: Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal corporation, authorizing the City Manager to execute a development agreement with Allegiance Hillview, L.P. for the reimbursement of roadway impact fees and allocation of credits associated with the construction of Heritage Trail in the Rayzor Ranch East subdivision; providing for the expenditure of funds in the amount of $1,174,766.11 and establishing remaining credits in the amount of $240,764.24; and providing an effective date.
Attachments: 1. Exhibit 1- Agenda Information Sheet, 2. Exhibit 2- Ordinance
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AGENDA CAPTION

Title

Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal corporation, authorizing the City Manager to execute a development agreement with Allegiance Hillview, L.P. for the reimbursement of roadway impact fees and allocation of credits associated with the construction of Heritage Trail in the Rayzor Ranch East subdivision; providing for the expenditure of funds in the amount of $1,174,766.11 and establishing remaining credits in the amount of $240,764.24; and providing an effective date.

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