File #: ID 25-1599    Version: 1 Name:
Type: Ordinance
File created: 8/27/2025 In control: City Council
On agenda: 9/30/2025 Final action:
Title: Consider adoption of an ordinance of the City of Denton determining the public use, need and necessity for the acquisition of approximately 9.218 acres of land located along Shady Oaks drive, in the Mary L. Austin Survey, Abstract Number 4, City and County of Denton, Texas, from Giro Realty investments, ltd. a Texas limited partnership, recorded by County clerk Document Number 2018-75451, Real Property Records, Denton County, Texas; for the purpose of future expansion of the Denton Municipal Electric campus; authorizing the expenditure of Funds to not exceed Four million Three Hundred Sixteen Thousand Five Hundred Twelve dollars and 86/100 ($4,316,512.86) for the 9.218 Acres and associated closing costs; and providing for a severability and an effective date.
Attachments: 1. Exhibit 1 - Agenda Information Sheet, 2. Exhibit 2 - Location Map, 3. Exhibit 3 - Site Map, 4. Exhibit 4 - Ordinance, 5. Exhibit 5 - Secretary of State
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AGENDA CAPTION

Title

Consider adoption of an ordinance of the City of Denton determining the public use, need and necessity for the acquisition of approximately 9.218 acres of land located along Shady Oaks drive, in the Mary L. Austin Survey, Abstract Number 4, City and County of Denton, Texas, from Giro Realty investments, ltd. a Texas limited partnership, recorded by County clerk Document Number 2018-75451, Real Property Records, Denton County, Texas; for the purpose of future expansion of the Denton Municipal Electric campus; authorizing the expenditure of Funds to not exceed Four million Three Hundred Sixteen Thousand Five Hundred Twelve dollars and 86/100 ($4,316,512.86) for the 9.218 Acres and associated closing costs; and providing for a severability and an effective date.

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