22-1664ORDINANCE NO. 22-1664
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AMENDING THE FISCAL YEAR2021-2022 BUDGET AND ANNUAL PROGRAM OF SERVICES OF THE CITY OF DENTONTO ALLOW FOR ADJUSTMENTS TO THE ELECTRIC FUND OF SIXTY THREE MILLION
DOLLARS ($63,000,000) FOR THE PURPOSES OF PURCHASING POWER, INCREASEDOUTAGE AND PROPERTY INSURANCE PREMIUMS, AND DEBT SERVICE;DECLARING A PUBLIC PURPOSE; DIRECTING THE CITY SECRETARY ATTACH ACOPY TO THE 2021-2022 BUDGET; REQUIRING APPROVAL BY AT LEAST FIVEVOTES; AND PROVIDING A SEVERABILITY CLAUSE, AN OPEN MEETINGS CLAUSEAND AN EFFECTIVE DATE.
WHEREAS, pursuant to Ordinance No. 21-1986, the City Council of Denton, Texas,
approved the Fiscal Year 2021-2022 Budget and Annual Program of Services (the “Budget”); and
WHEREAS, the City of Denton desires to increase funding in the Electric Fund to fund
expenses associated with purchase power, increased outage/property insurance premiums, anddebt service.
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 2021-2022 Budget and Annual Program of Services is
hereby amended by the City Council as follows: to allow for adjustments to the Electric Fund of
$63,000,000 increasing appropriations from $240,743,423 to $303,743,423.
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 2021-2022 Budget and Annual Program ofServices.
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.
The motion to approve this Ordinance was made by XMLab_ and„„„d,d yy Vfck'i qa , th, o;dithe following vote U_ - _
Aye Nay Abstain Absent
Mayor Gerard Hudspeth:Vicki Byrd, District 1 :Brian Beck. District 2:
Jesse Davis, District 3 :
Alison Maguire, District 4:Brandon Chase McGee,
At Large Place 5 :
Chris Watts, At Large Place 6:
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PASSED AND APPROVED this the pLI'W day of SQ fk'„bar . 2022
ATTEST:
ROSA RIOS, CITY SECRETARY
, /B/>2_ yE%oJ
APPROVED AS TO LEGAL FORM:MACK REINWAND, CITY ATTORNEY
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