E. ID 24-360 Consider adoption of an ordinance of the City of Denton providing for the abandonment, relinquishment, and quitclaim of a 1.287 acre Public Utility Easement granted to the City of Denton by Selwyn School, a corporation organized and maintained under the laws of the State of Texas recorded by County Clerk file number 1986-4670, Real Property Records, Denton County, Texas; providing for the quitclaim thereof to DIN1 Land Ltd, a Texas limited partnership; providing for the terms and conditions of the abandonment, relinquishment and quitclaim made herein; providing for the indemnification of the City of Denton against damages arising out of the abandonment herein; providing for the consideration to be paid to the City of Denton; providing for severability and an effective date.