R-97-11-12-10A2 - 11/12/1998RESOLUTION NO. R- 997- 11- 12 -10A2
WHEREAS, 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 1998-
99 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 1998 -99 for the expenditure of the Ron
Sproull Memorial Fund is hereby approved and adopted in accordance
with Exhibit "A ", attached hereto and incorporated herein.
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, and the Act.
RESOLVED this 12th day of November, 1998.
ATTEST:
R_\ WPDOCS \RESOLUTI \R61112k2- WPD /scg
LAND, City Secretary
CHARLES CUtitEP ER, Mayor
City of Round Rock, Texas
REVENUE:
Balance Forward
Interest Income
EXPENDITURES:
Contracted Services
Contingency
EXHIBIT "A"
RON SPROULL
MEMORIAL FUND
BUDGET
1998 -1999
$4,106
6,287
TOTAL $10,393
$8,000
2,393
TOTAL $10,393
DATE: November 5, 1998
SUBJECT: City Council Meeting — November 12, 1998
ITEM: 10.A.2. Consider a resolution adopting a budget for the Ron Sproull Memorial Fund
Available funds are generated from interest income accrued on the $100,000.00
principle. Staff is recommending that the majority of available funds be used to
contract with Easter Seals Inc. during the summer months, to provide
maintenance services. Staff Resource Person: Sharon Prete, Parks and
Recreation Director.