Processing ColdFusion variables which resides inside a database table

One of my table is saving an HTML form which contains coldfusion variables. In my code I am querying this table and I need to display this form in the front end. But while dsiplaying I am getting the coldfusion variable name itself instead the processed value of the variables.

HTML Form saved in the db table:

================================

    <form action="" name="ci_entry_form" id="ci_entry_form" method="post">

    <table width="100%" height="100%" border="0">

    <tr>

    <td align="right"><b style="color:red">*</b> <label class="pop_up_letter_font">G/L #     :</label></td>

    <td>    <input class="pop_up_textbox" type="text" name="gl_number_text" id="gl_number_text" maxlength="21" value="#ARGUMENTS.chkDetails.GL_ACCT_NBR#" required/>   

    <select class="pop_up_dd" name="gl_number_drop" id="gl_number_drop" onChange="enableDisableGL()">

    <option value="">---Select---</option>

    <option value="new">Enter a new G/L number</option>

    <cfoutput query="glNumbers">

    <option value="#glNumbers.GL_ACCT_NBR#">#glNumbers.GL_ACCT_NBR#</option>

    </cfoutput>

    </select>

    </td>       

    </tr>

    </table>

    </form>

Method (cffunction) contains below code to query this html form from db table and return the html form.

============================================================================================

    <cfquery name="qry_getTemplate" datasource="#APPLICATION.dsn#">

    select FORM_TXT from HTML_FORMS where REQ_ID = 172

    </cfquery>

    <cfsavecontent variable="form_content">

    <cfoutput>#qry_getTemplate.FORM_TXT #</cfoutput>

    </cfsavecontent>

But when I dump the cfcontent variable (form_content ) I am getting the HTML Form without processing the coldfusion variables (**#ARGUMENTS.chkDetails.GL_ACCT_NBR# , #glNumbers.GL_ACCT_NBR#**).

Am I missing something. Can any one help me out resolve this.

Your timely help is well appreciated.

Thanks in advance.