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R-96-11-07-10K - 11/7/1996RESOLUTION NO. R- 96- 11- 07 -10K and certain improvements to the park system in the City of Round Rock, AT WHEREAS, the Ron Sproull Memorial Fund was created to provide WHEREAS, the City Council wishes to adopt a budget for 1996- 97 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 1996 -97 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 7th day of November, 1996. K.\ HPDOCS \RESOLUTI\RS611071(.WPD /kg LAND, City Secretary CHARLES CULPE'PER, Mayor City of Round Rock, Texas c c+ EXHIBIT "A" RON SPROULL MEMORIAL FUND BUDGET FISCAL 95 -96 Revenue: Beginning Balance $ 104,907.00 Less Reserve (100,000.00) Available Balance 4,907.00 Expenses: Contingency 4,907.00 TOTAL $ 4,907.00 M � i DATE: November 5, 1996 SUBJECT: City Council Meeting, November 7, 1996 ITEM: 10.K. Consider a resolution adopting a budget for the Ron Sproul) Memorial Fund (Fund 81) for fiscal year 1996 -97. STAFF RESOURCE PERSON: Sharon Prete RECOMMENDATION: APPROVAL Parks and Recreation Department propose putting this money in contingency account since it is less than $5,000.00. It will be spent on Memorial Park projects as needed.