G-00-12-14-12B1 - 12/14/2000ORDINANCE NO. &Oo- - /J4_4_431
AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR
THE RON SPROULL MEMORIAL FUND FOR THE 2000-2001 FISCAL
YEAR.
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 2000-
2001 for the expenditure of said fund, Now Therefore
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS, THAT:
That a budget for 2000-2001 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
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 al6-1 day
of irl, 2000.
K:\WPDOCS\ORDINANC\001121D1.WPD/sc
READ, APPROVED and ADOPTED on second reading this the
/ day of aLcurrIAL/Li
ATTEST:
E LAND, City Secretary
2
, 2000.
ROBERT A. STLUKA, JR,l, Mayor
City of Round Rock, Texas
City of Round Rock
Ron Sproul) Memorial Fund
2000-2001 Proposed Budget
DESCRIPTION O
F ITEM
99-00 99-00
Approved Actual
Budget
Beginning Unreserved Fund Balance
Less Reserves
Available Balance
$109,366 $107,123
(100,000) (100,000)
9,366
00-01
proposed
Budget'.
$107,361
(100,000)
7,123 7,361
REVENUES:
Interest Income 0 6,467 5,100
Total Revenues 0 6,467 5,100
Total Funds Available
EXPENDITURES:
Ron Sproull Memorial Park Improvemts
Contingency
9,366 13,590 12,461
0
0 0
Round Rock Memorial Park
Irrigation Repairs 0 0 0
Contingency 1,366 0 6,461
Contracted Services 8,000 6,229 6,000
Landscaping 0 0 0
Trail & Fountain Repair 0 0 0
All Associated Costs 0 0 0
Misc. Improvements 0 0 0
Electrical System Repairs 0 0 0
Playground Repairs 0 0 0
Lighting Repairs 0 0 0
Sub Total 9,366 6,229 12,461
Total Expenditures 9,366
6,229 12,461
Estimated Unreserved Fund Balance 9/30/00 0 7,361 0
DATE: December 8, 2000
SUBJECT: City Council Meeting — December 14, 2000
ITEM:
12.B.1. Consider an ordinance approving and adopting a budget for the Ron
Sproull Memorial Fund for the 2000-2001 fiscal year. (Second
Reading) This budget allows PARD to contract for maintenance
services to be performed at Round Rock Memorial Park during the
spring and summer months. The first reading of the ordinance was
approved on November 21, 2000.
Resource: Sharon Prete, Parks and Recreation Director
History: Harriett Sproull donated $100,000 to be used for the development/maintenance
of Round Rock Memorial Park with the stipulation that the principal never be
spent. This was done in memory of her husband Ron.
Funding:
Cost: N/A
Source of Funds:
Outside Resources: N/A
The only source of funds is interest income.
Impact: This resource has helped provide for additional maintenance services during
high use periods.
Benefit: The availability of additional funds to help maintain one of our most used parks.
Public Comment: N/A
Sponsor: N/A