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1985-008NO AN ORDINANCE APPROVING CONTRACTS FOR THE CITY'S PARTICIPATION IN THE COST OF INSTALLING OVERSIZE WATER AND SEWER LINE FACILITIES AS DESCRIBED HEREIN, AUTHORIZING THE MAYOR TO EXECUTE THE CONTRACTS, APPROVING THE EXPENDITURE OF FUNDS THEREFORE, AND PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the City of Denton wishes to enter into agreements to participate in the cost of providing oversized water and sewer line facilities which is in the best interests of the City, and WHEREAS, Section 2 36 (f) of the Code of Ordinances requires that the City Council approve all expenditures of more than $3,000, and WHEREAS, Section 2 09 of the City Charter requires every act of the Council providing for the expenditure of funds or for the contracting of indebtedness shall be by ordinance, NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY ORDAINS SECTION I That the City Council hereby approves the attached Sewer and Water Line "Oversize Participation Agreements" providing for the City's participation in the cost of installing the oversized lines in accordance with the terms and conditions contained therein, and authorizes the Mayor to execute the agreements on behalf of the City SECTION II That the City Council authorize the expenditure of funds in the manner and amount as specified in the agreements SECTION III That this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this 9_ day of 19 ST , R CD NTON, TEXAS ATTEST TARY CITY OF DENTON, TEXAS APPROVED AS TO LEGAL FORM JOE D MORRIS, ACTING CITY ATTORNEY CITY OF DENTON, TEXAS BY \1n2, ~ rnn.n