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R-94-11-10-10H - 11/10/1994and ATTEST: KS /RESOLUTION RS41110H RESOLUTION NO. R 9y- / / - /v- )OH WHEREAS, the Ron Sproull Memorial Fund was created to provide certain improvements to the park system in the City of Round Rock, WHEREAS, the City Council wishes to adopt a budget for 1994- 95 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 1994 - 95 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 November, 1994. CHARLES C 'P "PER, Mayor City of Round Rock, Texas EXHIBIT "A" RON SPROULL MEMORIAL FUND BUDGET FISCAL 94 -95 Revenue Beginning Balance Interest Income $23,283.00 $5,000.00 TOTAL $28,283.00 Expenses Memorial Park Landscaping $ 800.00 Trail & Fountain Repair 2,100.00 Playground Repairs 500.00 Lighting Repairs 2,000.00 Contracted Service 6,000.00 Contingency 1,090.00 SUB TOTAL $12,490.00 Lake Creek Park Pool Lighting Improvements $1,200.00 Greenslopes Park Playground Repairs $500.00 Frontier Park Playground Repairs $550.00 Mesa Park Playground $1,300.00 Veterans Park Lighting $2,000.00 Old Settlers Park at Palm Valley Trail Repairs $10,243.00 TOTAL $28,283.00 DATE: November 7, 1994 SUBJECT: CITY COUNCIL MEETING, NOVEMBER 10, 1994 ITEM: 10.H. Consider a resolution adopting a budget for the Ron Sproul) Memorial Fund (Fund 81) for fiscal year 1994 -1995. STAFF RESOURCE PERSON: Sharon Prete STAFF RECOMMENDATION: Approval This item was presented to Council for discussion purposes during Presentations (7.B.). Attached is a copy of the budget. proposed,