21-1689ORDINANCE NO. 21-1689
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, ESTABLISHING A
SUSTAINABILITY FRAMEWORK FUND; COMMITTING REVENUES OF THE CITY TO
THE SUSTAINABILITY FRAMEWORK FUND; PROVIDING A SEVERABILITY CLAUSE;
AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Council of the City of Denton elects to establish a Special Revenue
Fund to be called the Sustainability Framework Fund; and
WHEREAS, the Governmental Accounting Standards Board ("GASB") has adopted
Statement 54, which states that Special Revenue Funds are used to account for and report the
proceeds of specific revenue sources that are restricted or committed to expenditures for
specified purposes other than debt service or capital projects; and
WHEREAS, the City Council of the City of Denton elects to commit revenue annually to
the Sustainability Framework Fund for sustainability initiatives; and
WHEREAS, the City Council of the City of Denton elects to determine and approve the
annual revenue to be accounted for and committed in the Sustainability Framework Fund each
year through adoption of the Annual Program of Services; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The City Council hereby creates the Sustainability Framework Fund, an
official fund of the City of Denton, Texas. The City Council commits revenues annually to the
Sustainability Framework Fund in conjunction with its financial statement beginning with fiscal
year ending September 30, 2022. Expenditures from the Sustainability Framework Fund are
guided by an annual work plan recommended by the Sustainability Framework Advisory
Committee and approved by City Council.
SECTION 2. That if any section, subsection, paragraph, sentence, clause, phrase or word
in this Ordinance, or application thereof to any person or 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 validity.
SECTION 3. This Ordinance shall become effective immediately upon its passage and
approval.
The motion to approve this Ordinance was made by a)2 0cW n bra C and
seconded by 5(z : ca-r� C . This Ordinance was passed and approved
by the following vote [ -) :
Deb Armintor, At Large Place 5: ✓
Paul Meltzer, At Large Place 6:
Abstain Absent
PASSED AND APPROVED this the day of Auq V S+ , 2021.
ATTEST:
ROSA RIOS, CITY SECRETARY
APPROVED AS TO LEGAL FORM:
CATHERINE CLIFTON, CITY ATTORNEY
Digitally signed by Mack
Reinwand
Al &—u4i Date: 2021.08.13
BY:13:41:23 -05'00'
Page 2
G
GERARD HUDSPETH, MAYOR
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Aye Nay
Mayor Gerard Hudspeth:
J
Vicki Byrd, District 1:
.%
Brian Beck, District 2:
Jesse L. Davis, District 3:
Alison Maguire, District 4:
✓
Deb Armintor, At Large Place 5: ✓
Paul Meltzer, At Large Place 6:
Abstain Absent
PASSED AND APPROVED this the day of Auq V S+ , 2021.
ATTEST:
ROSA RIOS, CITY SECRETARY
APPROVED AS TO LEGAL FORM:
CATHERINE CLIFTON, CITY ATTORNEY
Digitally signed by Mack
Reinwand
Al &—u4i Date: 2021.08.13
BY:13:41:23 -05'00'
Page 2
G
GERARD HUDSPETH, MAYOR
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