HomeMy WebLinkAbout19-1687RESOLUTION NO. 19-16$%
A RESOLUTION AMENDING RESOLUTION 19-920 WITH RESPECT TO THE $210
MILLION LIMITATION ON THE 2019 BOND PROGRAM; AND, DECLARING AN
EFFECTIVE DATE.
WHEREAS, on April 23, 2019, the City Council established a Special Citizens Bond
Advisory Committee ("SCBAC") for the proposed 2019 Bond Election (Resolution 19-920) and
charged the SCBAC to recommend to it a 2019 bond program not to exceed $210 million dollars;
and
WHEREAS, the SCBAC has requested City Council to allow it to recommend to City
Council a 2019 bond program in excess of $210 million dollars; and
WHEREAS, City staff recommends that the SCBAC be allowed to recommend to City
Council a 2019 bond program not to exceed $235 million dollars; and
WHEREAS, the City Council, believing it to be in the public's interest, accepts the request
of the SCBAC and recommendation of City staff; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES:
SECTION 1. Section 8 of Resolution 19-920 is amended by deleting "$210 million" and
replacing it with $235 million".
SECTION 2. The remainder of Resolution 19-920 remains in full force and effect.
SECTION 3. This resolution shall become effective immediately upon its passage and
approval.
The motion to approve this resolution was made by and
seconded by �� '� � f" ?�� ��; -, , the resolutia�� �v�is pas��d and approved by
the following vote � _ ,�'' - � :
Aye Nay Abstain Absent
Mayor Chris Watts: �'
Gerard Hudspeth, District 1: �
Keely G. Briggs, District 2: �'
Jesse Davis, District 3: �
John Ryan, District 4: __ ��`
Deb Armintor, At Large Place 5: �°'
Paul Meltzer, At Large Place 6: aF°°�
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17n�;��n nNr� n>>>>r;� avi:n �t���, �►,� 1��f�ti��y ��i�� ������- —, 2019.
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ATTEST:
ROSA RIOS, CITY SECRETARY
BY: � �'' �,.�}=-� _� �_
APPROVED AS TO LEGAL FORM:
AARON LEAL, CITY ATTORNEY
BY:
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CHRIS W�1�f' S, M�1YOR
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