This is the 13485th most frequent Spanish word.
refundar
To found again or reconstruct.
Here, 'refundar' is used to mean the act of starting anew or restructuring the organization effectively.
Decidieron refundar la institución tras los problemas financieros.
They decided to refound the institution after the financial problems.
In this sentence, 'refundar' signifies redesigning or rebuilding the park to suit contemporary requirements.
El alcalde propuso refundar el parque central para adaptarlo a las necesidades modernas.
The mayor proposed refounding the central park to adapt it to modern needs.
Here, 'refundar' describes the collective effort to completely rebuild the town following a severe disruption.