A. Deliberations Regarding Real Property - Under Texas Government Code, Section 551.072; Consultation with Attorney - Under Texas Government Code, Section 551.071.
1. Discuss, deliberate and receive information from staff and provide staff with direction pertaining to conflicting legal claims regarding a certain 3.814 acre tract of land situated at the northeast corner of Loop 288 and Spencer Road, in the City of Denton, Denton County, Texas and lying in the Mary L. Austin Survey, Abstract No. 4 and in the M.E.P. and P.R.R. Survey, Abstract No. 927, in the City of Denton, Denton County, Texas. Consultation with the city's attorneys regarding legal issues associated with a compromise of conflicting claims regarding said land, where such discussion and deliberation in an open meeting would have a detrimental effect on the position of the City Council in negotiations regarding a settlement of such claim and would clearly conflict with the duty of the City's attorneys to the City of Denton and the Denton City Council under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas.
Following the completion of the Closed Session, the Council will convene in a Work Session to consider the following:
1. Receive a report, hold a discussion and give staff direction regarding the proposed development for the Fry Street area.
2. Receive a report and hold a discussion regarding the status of various drainage projects associated with the sale and delivery of $7,065,000 in certificates of obligation as approved by City Council on October 2, 2007 and supported in the FY2007-FY2008 budget by a one cent tax increase per $100 of property valuation.
3. Receive a report, hold a discussion and give staff direction regarding a Best Practices for Pipeline and Municipality Relations Resolution.
Following the completion of the Work Session, the Council will convene in a Special Called Meeting to consider the following:
A. Consider adoption of an ordinance of the City of Denton, Texas approving and authorizing the Compromise, Settlement and Release of All Claims by and between the City of Denton, Texas and DBT Porcupine, L1, a Delaware Business Trust; authorizing the City Manager and City Attorney to act on the City's behalf in executing any and all conveyances and other supporting documents pertaining thereto; and to take such other actions as are necessary to effectuate and finalize the settlement; authorizing the City Manager to receive an easement on behalf of the City of Denton, Texas; authorizing the expenditure of any funds for incidental expenses; and declaring an effective date.
B. Consider approval of a resolution by the City Council of the City of Denton, Texas regarding the Best Practices for Pipeline and Municipality Relations Resolution; and providing an effective date.