1993-201E:\WPD0CS\0RD\DEP0SIT.TMR
ORDINANCE NO. 93-0701
AN ORDINANCE TO INCREASE THE RATE OF DEPOSITS TO THE TEXAS MUNI-
CIPAL RETIREMENT SYSTEM BY THE EMPLOYEES OF THE CITY OF DENTON; AND
PROVIDING AN EFFECTIVE DATE.
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION I. That all employees of the City of Denton, who are
members of the Texas Municipal Retirement System, shall make
deposits to the System at the rate of 6% of their individual
earnings.
SECTION II. That this ordinance shall become effective on the
1st day of January, 1994.
PASSED AND APPROVED this the 19!'!-day of Off' 1993.
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY:
APPROVED A TO LEGAL FORM:
DEBRA A. DRAYOVITCH, CITY ATTORNEY
BY : ~J