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23-1944ORDINANCE NO. 23-1944 AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AMENDING THE FISCAL YEAR 2022-2023 BUDGET AND ANNUAL PROGRAM OF SERVICES OF THE CITY OF DENTON TO ALLOW FOR ADJUSTMENTS TO THE RISK RETENTION FUND OF ONE MILLION FIVE HUNDRED THOUSAND DOLLARS ($ 1,500,000) FOR THE PURPOSE OF FUNDING EXPENSES ASSOCIATED WITH INCREASED COSTS FOR PROPERTY INSURANCE CLAIMS, VEHICLE REPAIR CLAIMS, AND OTHER LITIGATION AND LEGAL RELATED EXPENSES; DECLARING A PUBLIC PURPOSE; DIRECTING THE CITY SECRETARY ATTACH A COPY TO THE 2022-2023 BUDGET; REQUIRING APPROVAL BY AT LEAST FIVE VOTES; AND PROVIDING A SEVERABILITY CLAUSE; AN OPEN MEETINGS CLAUSE AND AN EFFECTIVE DATE. WHEREAS, pursuant to Ordinance No. 21-1986, the City Council of Denton, Texas, approved the Fiscal Year 2022-2023 Budget and Annual Program of Services (the “Budget“); and WHEREAS, the City of Denton desires to increase funding in the Risk Retention Fund to fund expenses associated increased costs for property insurance claims, vehicle repair claims, and other litigation and legal related expenses. 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 2022-2023 Budget and Annual Program of Services is hereby amended by the City Council as follows: to allow for adjustments to the Risk Retention Fund of $1,500,000 increasing appropriations from $7, 181,798 to $8,681,798. 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 2022-2023 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. Th, m,ti,„ t, ,pp„„ thi, „di„,„„ „„ m,d, by rv. b/, J I ,r,d „„.d,d by [ J. H,II._) 1. The ordinance was passed and approved by the following vote a–Q– J : Aye Nay Abstain Absent Mayor Gerard Hudspeth : Vicki Byrd, District 1: Brian Beck. District 2 : Paul Meltzer, District 3 : Joe Holland. District 4: Brandon Chase McGee, At Large Place 5 :/ Chris Watts, At Large Place 6: PASSED AND APPROVED this the n d,y ,f Oc Faber , 2023. 6PETfM11–a lttlllllff ATTEST: JESUS SALAZAR, CITY SECRETARY BY: APPROVED AS TO LEGAL FORM: MACK REINWAND, CITY ATTORNEY DIgitally signed by Susan Keller I email=Susan.Keller@cityofdenton.com D V , Ute: 2023.10.12 12:36:31 .05’00' Susan Ke a DN: dc=com. dc=cityofdenton. dc=cc>dadler !!: Bill,'I!,;=IiI::i=?-'" Page 2