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20-1779ORDINANCE NO.20- 1779 AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AMENDING THE FISCAL YEAR 2019-2020 BUDGET AND ANNUAL PROGRAM OF SERVICES OF THE CITY OF DENTON TO ALLOW FOR ADJUSTMENTS TO THE RISK FUND OF THREE MILLION DOLLARS ($3,000,000) FOR THE PURPOSE OF FUNDING LIABILITY CLAIMS; PROVIDING A SEVERABILITY CLAUSE, A REPEALER CLAUSE, AN OPEN MEETINGS CLAUSE AND AN EFFECTIVE DATE. WHEREAS, pursuant to Ordinance No. 19-1885, the City Council of Denton, Texas, approved the Fiscal Year 2019-2020 Budget and Annual Program of Services (the “Budget”); and WHEREAS, the City of Denton desires to increase funding in the Risk Fund to fund liability claims. 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 2019-2020 Budget and Annual Program of Services is hereby amended by the City Council as follows: to allow for adjustments to the Risk Fund of $3,000,000 increasing appropriations from $4,016,076 to $7,016,076. 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 2019-2020 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. All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of such conflict only. SECTION 7. 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. SEC llUIN b. llrrs urclrnance snaII become ellectrve rrnrneclratelv UDon rts oassa2e and approval. s e c o n ! ePiy 1[]a ; } \aqP r oie; !i ; gr: n 1a1[]1 c e w Ias rrE :hi nance UP a : : oveR : Nay Abstain AbsentAye 34 a Mayor Chris Watts: Gerard Hudspeth, District 1 : Keely G. Briggs, District 2: Jesse Davis, District 3 : John Ryan, District 4: 37 a a Deb Armintor, At Large Place 5 : Paul Meltzer, At Large Place 6: 7 ,/ PASSED AND APPROVED this the I.tna day of Se.p +efaber , 2020. N Page 2 ATTEST: ROSA RIOS, CITY SECRETARY . 234%Z/ APPROVED AS TO LEGAL FORM: AARON LEAL, CITY ATTORNEY Page 3