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CRA-4CITY OF CLERMONT COMMUNITY REDEVELOPMENT AGENCY RESOLUTION NO. 4 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ADOPTING THE BUDGET FOR THE 2009-2010 FISCAL YEAR. WHEREAS, it is hereby found and determined by the Community Redevelopment Agency Board of the City Council of the City of Clermont, Lake County, Florida that the following sums of money or as much thereof as may be authorized by law are required for the purpose of carrying out the community redevelopment programs and plans for the Fiscal Year of October 1, 2009 to September 30, 2010. Estimated Revenues: Ad Valorem Taxes 285,440 Miscellaneous Revenue 5,500 Reserves 1,217,807 Total Revenues & Reserves $ 1,508,747 Expenditures: Economic Development 1,500,500 Reserves 8,247 Total Expenditures & Reserves $ 1,508,747 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the City of Clermont Community Redevelopment Agency for the 2009-2010 Fiscal Year and appropriations therefore are hereby adopted. DONE AND RESOLVED BY THE COMMUNITY REDEVELOPMENT AGENCY BOARD OF THE CITY OF CLERMONT THIS 17th DAY OF SEPTEMBER, 2009. Harold S. Turville, Mayor