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G-99-11-09-9C1 - 11/9/1999ORDINANCE NO. AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR THE PARK DEVELOPMENT FUND FOR THE 1999-2000 FISCAL YEAR. WHEREAS, the Parks and Recreation Department has submitted a proposed budget for the Park Development Fund for fiscal year 1999- 2000, 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 1999-2000, 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 �V ' day of c2_t1DL/L.) , 1999. K:\WPDOCS\ORDINANC\091028C1.WPD/sc READ, APPROVED and ADOPTED on second reading this the qt.) day ofiltrW/01—ii00/...)1999. ATTEST: E LAND, City Secretary 2 RO •T A. STLUKA, J ., Mayor City of Round Rock, Texas EXHIBIT "A" CITY OF ROUND ROCK TASK DEVELOPMENT FUND #52 PROPOSED BUDGET 1999-2000 REVENUE Fund Balance $123,295 Sports Leagues Fees 7,522 Donation 62,000 Interest Income 7.004 Beginning Balance $199,821 EXPENDITURES McNeil Park Field Improvements $ 8,000 Contingency 1,983 OSPV Playground Equipment 7,500 Sports Complexes Contingency 52,338 Football Field Lights 68,000 Water Tower Park Construction 62,000 TOTAL $199,821 DATE: November 5, 1999 SUBJECT: City Council Meeting — November 9, 1999 ITEM: 9.C.1. Consider an ordinance adopting the 1999-2000 Park Development Fund Budget. (Second Reading) Staff Resource Person: Sharon Prete, Parks and Recreation Director.