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G-00-12-14-12B3 - 12/14/2000ORDINANCE NO. 6 -co- a A-1(283 AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR THE PARK DEVELOPMENT FUND FOR THE 2000-2001 FISCAL YEAR. WHEREAS, the Parks and Recreation Department has submitted a proposed budget for the Park Development Fund for fiscal year 2000- 2001, and WHEREAS, the City Council wishes to approve said proposal, Now Therefore BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, THAT: That the budget for the Park Development Fund submitted by the Parks and Recreation Department for fiscal year 2000-2001, attached hereto as Exhibit "A", is hereby approved. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Ordinance was adopted was posted and that such meeting was open to the public as required by law at all times during which this Ordinance 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. READ and APPROVED on first reading this the 1 day of Nautntill.A.i , 2000. K:\WPDOCS\ORDINANC\001121D3.WPD/Sc READ,�I�APPROVED and ADOPTED on second reading this the 1 1 4jday of 01Xlartl, 2000. ATTEST: JO E LAND, City Secretary 2 A. STLUKA, 9dLI4 RO:�'T., Mayor City of Round Rock, Texas City of Round Rock Park Development Fund #52 2000-2001 Proposed Budget D ESCRIPTION OF ITEM 99-00 Revised Budget 99-00 Actual REVENUES: Sports League Fees Interest Income Donations/Contributions Southwestern Bell Round Rock Soccer Assn. Total Revenues $123,295 $181,991 $101,570 7,522 9,475 10,100 7,004 12,245 1,500 62,000 20,000 0 4,000 4,000 0 50,000 50,000 0 130,526 95,720 11,600 Total Funds Available 253,821 277,711 113,170 EXPENDITURES: Mc Neil Park Contingency 1,983 1,983 100 Field Improvments Irrigation 0 0 4,000 Field Improvments Bluff Electr 0 0 6,000 Ballfield Improvements 8,000 7,477 0 Sub -Total 9,983 9,460 10,100 Old Settler's Park Contingency 0 0 1,500 Sidewalks Youth, Sports Areas 0 0 25,425 Parking Improvements 0 0 10,000 Playground Equipment 7,500 0 0 Sub -Total 7,500 0 36,925 Unspecified Contingency 4,000 2,343 0 Sub -Total 4,000 2,343 0 Youth Sports Complex Contingency 2,338 2,338 0 Football Field Lights 68,000 0 66,145 Soccer Complex 100,000 100,000 0 Sub -Total 170,338 102,338 66,145 Water Tower Park Construction 62,000 62,000 0 Sub -Total 62,000 62,000 0 Total Expenditures 253,821 176,141 113,170 Ending Unallocated Fund Balance 0 101,570 0 DATE: December 8, 2000 SUBJECT: City Council Meeting — December 14, 2000 ITEM: 12.B.3. Consider an ordinance approving and adopting a budget for the Park Development Fund for the 2000-2001 fiscal year. (Second Reading) This budget allows for available funds to be expended to make improvements at softball and baseball fields. The first reading of the ordinance was approved on November 21, 2000. Resource: Sharon Prete, Parks and Recreation Director History: This account was established to serve as a depository for donations or fees, which are earmarked for specific projects. Funding: Cost: N/A Source of Funds: Outside Resources: N/A This account is funded through donations, developer contributions, sports facility capitol improvement fees and interest income. Impact: We are able to make capital improvements with funds other than tax dollars or bond monies. Projects or programs funded through this account are expected to pay for themselves. Benefit: These funds are especially helpful during "lean" years to make needed capital improvements that otherwise could not be funded. Public Comment: N/A Sponsor: N/A