R-11-03-10-10B2 - 3/10/2011RESOLUTION NO. R -11-03-10-10B2
WHEREAS, on October 28th, 2010 City Council approved the list of capital projects for the
2011 Capital Spending Plan for the General Self -Financed Construction Fund, and
WHEREAS, on January 13, 2011 City Council amended the list of capital projects for the
2011 Capital Spending Plan for the General Self -Financed Construction Fund, and
WHEREAS, the City Council desires to amend the list of capital projects to include:
implement no -horn quiet zone, storm water repairs, creek clean-up efforts and park improvements and
fund these projects from the General Self -Financed Construction Fund, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the amended list of capital projects along with their estimated costs as shown in Exhibit
"A", attached hereto and incorporated herein, are approved for funding from the General Self -Financed
Construction Fund.
The City Council hereby finds and declares that written notice of the date, hour, place and
subject of the meeting at which this Resolution was adopted was posted and that such meeting was
open to the public as required by law at all times during which this Resolution and the subject matter
hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act,
Chapter 551, Texas Government Code, as amended.
RESOLVED this 10th day of March, 2011.
ATTEST:
9 244,u.
SARA L. WHITE, City Secretary
O:\wdox\SCC1nts\0112\ 1104\MUNICIPAL\00215757.DOC/rmc
ALAN MCGRAW, Mayor
City of Round Rock, Texas
City of Round Rock
General Self -Financed Construction
2011 Capital Spending Plan -Amendment #2
FY 2011 Unallocated General Financed Construction Total
$ 2,646,754
Recommended Uses
Projects Recommended For Funding
Quiet Zones @Burnet
Stormwater
Onion Creek Erosion and exposure to WW lines
Veteran's Park Repairs to dam
All Abilities Park
Triple Crown Baseball
Complex T -ball field restroom facilities
$ 300,000
1,000,000
110,000
300,000
250,000
Total Projects Recommended for Funding $ 1,960,000
Total Unallocated Self -Financed Construction $ 686,754
ROUND ROCK, TEXAS
PURPOSE. PASSION. PROSPERITY
Agenda Item No. 10B2.
auncil Agenda Summary Sheet
Consider a resolution approving Amendment No. 2 to the FY 2010-2011 General Self -
Agenda Caption: Financed Construction Budget.
Meeting Date: March 10, 2011
Department: Finance
Staff Person making presentation: Cheryl Delaney
Finance Director
Item Summary:
This budget revision will allocate available self -financed construction funding for various projects to include:
implement no -horn quiet zone, storm water repairs, creek clean-up efforts and park improvements.
As in previous years, this process continues the City's financial strategy of allocating cash funding for projects for
which the City would normally issue debt. This strategy has reduced the need to borrow funds while allowing the
city to continue to keep with the growth demand. This strategy has been in place since 1999, during this time it has
saved the taxpayers of Round Rock at least 12 cents on the property tax rate by avoiding the issuance of debt. Since
1999, the City has funded over $65 million in projects.
Strategic Pian Relevance:
8.0 — Maintain and enhance public confidence, satisfaction and trust in City Government.
Cost:
Source of Funds:
N/A
N/A
Date of Public Hearing (if required): N/A
Recommended Action: Approval