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Title:
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Consider adoption of an ordinance of the City of Denton, Texas, amending the fiscal year 2021-2022 budget and annual program of services of the City of Denton to allow for adjustments to the Materials Management Fund of six hundred fifty thousand dollars ($650,000) for the purpose of funding inventory for Denton Municipal Electric and to accommodate supply chain and demand challenges; declaring a public purpose; directing the City Secretary attach a copy to the 2021-2022 budget; requiring approval by at least five votes; and providing a severability clause, an open meetings clause, and an effective date.
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