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After executive session, council authorizes eminent domain for Faught Road drainage and approves development/EDC actions
Summary
Following executive session, council adopted a resolution authorizing imminent‑domain use to acquire 0.0488 acre for the Faught Road drainage improvements, approved an amendment to an Economic Development Agreement for the conference center program, and authorized negotiation of a development agreement for the Trammell Crow industrial project.
After returning from executive session, council took four items of action. First, on a motion carried unanimously, council adopted Resolution No. 25‑81 authorizing use of eminent domain to acquire approximately 0.0488 acre in the Patrick Rock survey (abstract 1063) for the Faught Road drainage improvement and road reconstruction project. The motion specified the property description and recorded document references.
Council then approved an extension/amendment to an economic development agreement executed with the Northlake Economic Development Corporation and related entities to preserve funding eligibility for a conference center program originally funded by the CDC/EDC. Finally, council authorized the town manager to negotiate and execute a development agreement with Denton Cross Timbers Partners LLC (Trammell Crow) related to the previously approved site plan; those motions carried unanimously.
