File #: ID 17-844    Version: 1 Name:
Type: Ordinance
File created: 6/27/2017 In control: City Council
On agenda: 8/1/2017 Final action: 8/1/2017
Title: Consider adoption of an ordinance authorizing the settlement of litigation styled City of Denton, Texas V. Timber Links Apartments, LLC, a Delaware Limited Liability Company, Cause No. PR-2017-00009, currently pending in the probate court of Denton County, Texas, regarding the acquisition of a 2.168 acre electric easement tract for the Spencer to Pockrus Transmission Line Project in the settlement amount of One Hundred Thirty Thousand Dollars and Zero Cents ($130,000.00), authorizing the City Manager and City Attorney to effectuate the settlement; authorizing the expenditure of funds therefor; providing a savings clause; and providing an effective date. [Spencer to Pockrus TM Line - Timber Links LLC]
Attachments: 1. Exhibit 1 - Agenda Information Sheet.pdf, 2. Exhibit 2 - Ordinance.pdf, 3. Exhibit 3 - Electric Utility Easement.pdf, 4. Exhibit 4 - Agreement.pdf

AGENDA CAPTION

Title

Consider adoption of an ordinance authorizing the settlement of litigation styled City of Denton, Texas V. Timber Links Apartments, LLC, a Delaware Limited Liability Company, Cause No. PR-2017-00009, currently pending in the probate court of Denton County, Texas, regarding the acquisition of a 2.168 acre electric easement tract for the Spencer to Pockrus Transmission Line Project in the settlement amount of One Hundred Thirty Thousand Dollars and Zero Cents ($130,000.00), authorizing the City Manager and City Attorney to effectuate the settlement; authorizing the expenditure of funds therefor; providing a savings clause; and providing an effective date. [Spencer to Pockrus TM Line - Timber Links LLC]

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