PUBLISHED NOTICE:
In accordance with Section 253.0125 of the Texas Local Government Code, as amended, the City of The Colony, Texas, a Texas home-rule municipality, plans to convey to Palace Parkway, LLC, pursuant to a Chapter 380 Economic Development Agreement a leasehold interest and purchase option in the following tracts of land: (1) approximately 6.5-acres of land within tax parcel ID#748389 located in the Grandscape Addition Phase II Block A Lot 3R(SEPT) Survey, Abstract No. SL9494A, City of The Colony, Denton County, Texas, and generally located at 5742 Grandscape Boulevard, The Colony, Texas; (2) approximately 2-acres of land within tax parcel ID#212099 located in the Five Star East Block 1 Lot 1 Survey, Abstract No. SL2786A, City of The Colony, Denton County, Texas, and generally located at 4400 Paige Dr, The Colony, Texas, and (3) approximately 7.4-acres of land within tax parcel ID#748389 located in the Grandscape Addition Phase II Block A Lot 3R(SEPT) Survey, Abstract No. SL9494A, City of The Colony, Denton County, Texas, including the parking field and structured/subterranean parking area, generally located at 5742 Grandscape Boulevard. The transfer of said interests in said real property shall occur within (10) days of the publication of this notice.
IPLDMN0165005