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2017-2691 • 1 ! ! Mall a # ' # ! # #, WHEREAS, pursuant to Ordinance • 1 • • the City Councilof Denton, approved the Fiscal Year 2016-2017 Budget and Annual Program of Services (the "Budget"); zn,i. WHEREAS, the City of Denton desires to fund improvements, equipment and other expenses; and WHEREAS, the City of Denton desires to fund Electric higher purchased power expenditures; 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, 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 2016-2017 Budget and Annual Program of Services is hereby amended • • to allow foradjustments # the General Fund of $4,205,173 increasing appropriations f• ' :1. # 1 to 119,014,103; an• Electric Fund of $13,000,000, increasing appropriations fr• 41: 1 to $186,408,320. 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 2016-2017 Budget and Annual Program of 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 --this Ordinance, or application ther.# # any T. # or under any circumstances is held 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 /y day of 2017. C11IU'1 A . TS MAYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY A111:':IZZ)VED AS TO LEGAL FORM: AARON 1.,1 Al- INTERIM CITY ATTORNEY BY ...,, Page 2