2013-337sAlegal \our docurnents\ordinances \13 \budget amendment ordinance - airport hanger dev.doc
ORDINANCE NO. 2013 -337
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AMENDING THE FISCAL YEAR
2013 -14 BUDGET AND ANNUAL PROGRAM OF SERVICES OF THE CITY OF DENTON
TO ALLOW FOR AN ADJUSTMENT TO THE CAPITAL IMPROVEMENT PROGRAM OF
ONE MILLION SEVEN HUNDRED AND FIFTY THOUSAND DOLLARS ($1,750,000),
INCREASING APPROPRIATIONS FROM $323,657,313 TO $325,407,313 TO PROVIDE
FOR COSTS ASSOCIATED WITH PHASE I OF THE TAXILANE QUEBEC HANGER
DEVELOPMENT PROJECT FOR THE CITY'S AIRPORT; DECLARING A MUNICIPAL
PURPOSE; PROVIDING A SEVERABILITY CLAUSE; PROVIDING FOR AN OPEN
MEETINGS CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, pursuant to Ordinance No. 2013 -227, the City Council of Denton, Texas,
approved the Fiscal Year 2013 -2014 Budget and Annual Program of Services (the "Budget ");
and
WHEREAS, the City of Denton intends to engineer and construct Phase I of the Taxilane
Quebec Hanger Development Project for the City's Airport; and
WHEREAS, this property would provide the City with opportunities to use the property
for economic development purposes or any other public purpose to benefit the City's Airport;
and
WHEREAS, the City intends to reimburse expenditures from the unreserved fund balance
of the Airport Fund with Certificates of Obligation with an aggregate maximum principal
amount not to exceed $1,750,000 to allow for engineering and construction services for the
project; and
WHEREAS, the City Council finds that this Budget Amendment serves an important
municipal purpose as eligible items for expenditure in the current Budget, consistent with
Section 102.010 of the Texas Local Government Code and other applicable laws; NOW,
THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
. . . . .
SECTION 1. The findings set forth in the above preamble to this Ordinance are true and
. . . . . . . . .. . . ........ .
correct and are hereby adopted,
SECTION 2. The Fiscal Year 2013 -2014 Budget and Annual Program of Services is
hereby amended by the City Council to allow for an adjustment to the Capital Improvement
Program of One Million Seven Hundred and Fifty Thousand Dollars ($1,750,000), increasing
appropriations from $323,657,313 to $325,407,313 to provide for costs associated the project.
s: \legal \our documents \ordinances \13 \budget amendment ordinance - airport hanger dev.doc
SECTION 3. This Ordinance shall be filed with the City Secretary, who is directed to
attach a copy of this Ordinance to the Fiscal Year 2013 -2014 Budget and Annual Program of
Services.
SECTION 4. This Ordinance was approved by at least five members of the City Council
as required by Section 8.08 of the City Charter.
SECTION 5. If any section, subsection, paragraph, sentence, clause, phrase, or word in
this Ordinance, or the application thereof to any person or under any circumstances is held
invalid by any court of competent jurisdiction, such holding shall not affect the validity of the
remaining portions of this Ordinance, and the City Council of the City of Denton, Texas, hereby
declares it would have enacted such remaining portions despite any such invalidity.
SECTION 6. It is officially found and determined that the meeting at which this
Ordinance was passed was open to the public as required by law, and the public notice of the
time, place and-purpose of this meeting was given as required by law.
SECTION 7. This Ordinance shall become effective immediately upon its passage and
approval.
PASSED AND APPROVED this the day of _ „ 20-A3,
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
M
APPROVED AS TO LEGAL FORM:
ANITA BURGESS, CITY ATTORNEY
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il,lRl()'UGHS, MAYOR