2009-209sAour documents\ordinances\09\budget amendment-risk retention.doc
ORDINANCE NO.
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AMENDING THE FISCAL YEAR
2008 - 2009 BUDGET AND ANNUAL PROGRAM OF SERVICES OF THE CITY OF
DENTON TO ALLOW FOR AN ADJUSTMENT TO THE RISK RETENTION FUND OF
FOUR HUNDRED THOUSAND DOLLARS ($400,000) TO PROVIDE FOR ADDITIONAL
APPROPRIATIONS RELATED TO LITIGATION; DECLARING A MUNICIPAL PURPOSE;
PROVIDING A SEVERABILITY CLAUSE; PROVIDING FOR AN OPEN MEETINGS
CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, pursuant to Ordinance No. 2008-209, the City Council of Denton, Texas,
approved the Fiscal Year 2008-2009 Budget and Annual Program for Services (the`Budgel); and
and
WHEREAS, the Risk Retention Fund for Fiscal Year 2008-2009 needs to be amended;
WHEREAS, the 2008-2009 Risk Retention Fund budget is $2,279,822 and a component
of this budget is in litigation claims and associated expenses for attorney fees; and
WHEREAS, by increasing the Risk Retention Fund by $400,000, to $2,679,822, will
provide an additional capacity for litigation claims and attorney fee expenses through the
remainder of FY 2008-2009; and
WHEREAS, the City Council finds that this Budget Amendment also serve an important
municipal purpose already contemplated 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 2008-2009 Budget and Annual Program for Services is
hereby amended by the City Council to allow for an adjustment to the Risk Retention Fund of
Four Hundred Thousand Dollars ($400,000) to provide for the expenditure of litigation claims
and attorney fee expenses through the remainder of FY 2008-2009.
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 2008-2009 Budget and Annual Program for
Services and cause this Amendment to be published once in the Denton Record-Chronicle, and
to file a copy of this Ordinance with the County Clerk of Denton County and the State
Comptroller of Public Accounts in Austin.
sAour documents\ordinances\09\budget amendment-risk retention.doc
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.
PASSED AND APPROVED this the A~ day of '2009.
A.\BDRBQUG AYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY:
APPROVED AS 'TO LEGAL FORM:
ANITA BURGESS, CITY ATTORNEY
BY:
Page 2