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G-99-11-09-9C2 - 11/9/1999ORDINANCE NO. 6.-q43- 11- 0- qCZ AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR THE RON SPROULL MEMORIAL FUND FOR THE 1999-2000 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 1999- 2000 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 1999-2000 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. of READ and APPROVED on K:\WPDOCS\ORDINANC\091028C2.WPD/sc Qtt L first reading this the v day , 1999. READ, APPROVED and ADOPTED on second reading this the — day of 72, 1999. ATTEST: E LAND, City Secretary 2 i1 RO= RT A. STLUKA, R., Mayor City of Round Rock, Texas • EXHIBIT "A" CITY OF ROUND ROCK RON SPROULL MEMORIAL FUND PROPOSED BUDGET 1999-2000 REVENUE Unreserved Balance $109,366 Less Reserve 100,000 Beginning Balance $ 9,366 EXPENDITURES Contracted Services Contingency $ 8,000 1,366 TOTAL $ 9,366 DATE: November 5, 1999 SUBJECT: City Council Meeting — November 9, 1999 ITEM: 9.C.2. Consider an ordinance adopting the 1999-2000 Ron Sproull Memorial Fund Budget. (Second Reading) Staff Resource Person: Sharon Prete, Parks and Recreation Director.