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Denton City Council unanimously approved an amended strategic partnership agreement with Municipal Utility District No. 16, also known as the Meadows Municipal Utility District, at a Dec. 2 meeting.
The gist: This has the potential to generate $7.15 million in retail sales tax revenue for the city over the next 30 years, said Charlie Rosendahl, interim director of development services.
What you need to know: A municipal utility district, or MUD, is a special-purpose district created to provide essential services such as water, wastewater and drainage to areas outside city limits, per city documents.
In February, council held public hearings and adopted a strategic partnership agreement with the district, according to city documents. The strategic partnership agreement is a limited-purpose annexation, per city documents. This allows the city to collect sales tax on this property, which otherwise would not be collected.
Council received a petition in April to include an additional 19.62 acres into the MUD, prompting an amendment to the agreement to accommodate the additional acreage within the district.
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