1997-358AN ORDINANCE OF ~ CITY OF DENTON, TEXAS AUTHO~I~,ING
EXPENDITURE OF FUNDS FOR THE Ai~UAL CONTRACT PAYABLE n~l FOUR
QU~TERLY PAYMENTS BY ~ CITY OF DENTON FOR APPRAISAL SERVICES
BY THE DENTON CEI~FRAL APPRAISAL DISTRICT AS AUTHO]~TT~D
RESOLUTION 1/97-029 APPROVED BY COL~CIL JULY 8,1997; ~ PROVIDING
EFFECTIVE DATE. (PURCHASE ORDER # 81775 TO DEI~ON CE~I~RAL APPKAI~AL
DISTRICT IN ~ AMOUNT OF $130,020.59)
WHEREAS, in order to enmply with contract commliment to Denton Central
Appra~ai District, the City of Denton is required to pay a portion of Denton Central Appraisal
District 1998 Operating Budget Allocation in equal quarterly payments; and
WHEREAS, the City Manager has reviewed and recommended that the Council
approve the payment of such quarterly amounts; NOW, Ti~F~REFORE,
THE COUNCIL OF ~ CITY OF DENTON m~REBY ORDAINS:
~ That the expenditure of funds in the quarterly amount of $32~05.14
($130,020.59 total annually) to be paid to Denton Central Appraisal District, is hereby
authorized.
~ That this ordinance shall become effective immediately upon its
passage and approval.
PASSED AND APPROVED this the /~ ~ day of ~~~ , 1997.
,I~ILLEI~, M~¥OR
ATTE~iT:
JENNII~R WALTERS, CITY SECRETARY
APPROVED AS TO LEGAL FORM:
ltERBERT 1~. PROUTY, CITY