HomeMy WebLinkAboutR2013-005s:llegallour documentslresolutions\13\oversight committee.doc
�soLUT1oN No. R2013-005
A RESOLUTION CREATING A SPECIAL SEVEN (7) MEMBER OVERSIGHT
COMMITTEE TO MONITOR, EVALUATE AND REPORT ON PROGRESS OF THE FIVE
YEAR CAPITAL IMPROVEMENT PROGRAM, WHICH WAS APPROVED BY THE
VOTERS AT THE BOND ELECTION ON NOVEMBER 6, 2012; AND PROVIDING FOR
AN EFFECTIVE DATE.
WHEREAS, the City Council called and ordered a bond election for November 6, 2012,
for the purpose of submitting to the voters of the City of Denton certain capital improvements,
which bonds were approved by the voters as a result of the election; and
WHEREAS, the Citizens Bond Advisory Committee fulfilled its charge of making
recommendations relative to the projects which should be submitted to the electorate; and
WHEREAS, as has been the practice and is recommended that a special committee be
appointed by the City Council to monitor, evaluate, and report on the progress of the Five Year
Capital Improvement Program; and
WHEREAS, the City Council is desirous of accepting such recommendation; NOW,
THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES:
SECTION 1. The City Council hereby creates a special seven (7) member oversight
committee to monitor, evaluate, and report on the progress of the Five Year Capital Improvement
Program, which was approved by the voters at the bond election on November 6, 2012. The
committee shall make recommendations to the City Council when potential changes or
adjustments to the bond projects occur.
SECTION 2. The Oversight Committee shall serve for five years or until substantial
expenditure of the funds from the approved bond program.
SECTION 3. This resolution shall become effective immediately upon its passage and
approval.
PASSED AND APPROVED this the /�,�/� day of � ��G�� , 2013.
MA A. B O S, MAYOR
s:\legallour documentslresolutions1131bond committee reso 021213.doc
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY: ' -
APPR ED A TO LEGAL FORM:
ANITA BURGESS, CITY ATTORNEY
BY: ,/�n� � 1z � l,t�<--� � 1
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