R-92-1773 - 12/10/1992WHEREAS, the Ron Sproull Memorial Fund was created to provide
certain improvements to the park system in the City of Round Rock, and
WHEREAS, the City Council wishes to adopt a budget for the
expenditure of said fund, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS,
That a budget for the expenditure of the Ron Sproull Memorial
Fund is hereby approved and adopted in accordance with Exhibit "A ",
attached hereto and incorporated herein.
RESOLVED this 10th day of December, 1992.
ATTEST:
11/Lai it L/L
RS12102E
LAND, City Secretary
r
RESOLUTION NO. ! 1111 RI
MIKE ROBINSON, Mayor
City of Round Rock, Texas
STARTING BALANCE: $37,000.00
EXPENDITURES:
e EXHIBIT A
RON SPROULL MEMORIAL FUND BUDGET
1992/93
ELECTRICAL SYSTEM REPAIRS $4,000.00
BENCHES /PICNIC TABLES $4,000.00
TRAIL LIGHTS $2,500.00
RAIN GUTTER REPAIR $1,000.00
PLANTS REPLACEMENT $900.00
REPAIR HIKE & BIKE $2,000.00
SEED /FERTILIZER $3,000.00
SALARIES (1 SEASONAL PART TIME) $5,000.00
CONTRACT SERVICES $4,600.00
CONTIGENCY $10,000.00
BUDGET AMOUNT: $37,000.00
DATE: December 8, 1992
SUBJECT: CITY COUNCIL MEETING, DECEMBER 10, 1992
ITEM: 10.E. Consider a resolution establishing a budget for the Ron
Sproul! Memorial Fund.
STAFF RESOURCE PERSON: Sharon Prete
STAFF RECOMMENDATIONS: APPROVAL
ECONOMIC IMPACT:
Staff has prepared a fiscal 1992 -93 0 & M budget for
the Ron Sproul! Memorial Fund (see attachment -
Exhibit A).
The original $100,000.00 gift remains untouched.
Annually, the interest income is budgeted.