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R-02-1278• ~ CITY OF CLERMONT RESOLUTION • NO. 1278 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ESTABLISHING THE COMMUNITY DEVELOPMENT BLOCK GRANT FUND BUDGET FOR THE CITY OF CLERMONT FOR THE FISCAL YEAR 2002-2003 AUTHORIZING RECEIPTS AND DISBURSEMENTS CONTAINED THEREIN. • WHEREAS, it is hereby found and determined by the City Council of the City of Clermont, Lake County, Florida, that the following sums of money shall be used for Commercial Revitalization of the Downtown District for the Fiscal Year of October 1, 2002 to September 30, 2003. CASH BALANCES BROUGHT FORWARD ESTIMATED REVENUES: Other Financing Sources $ 119,033 547,967 TOTAL ESTIMATED REVENUES $ 547,967 TOTAL CASH BALANCES & ESTIMATED REVENUES EXPENDITURES: Urban Development $ 667,000 RESERVES TOTAL EXPENDITURES AND RESERVES $ 0 s- 6~z Qua NOW, THEREFORE, BE IT RESOLVED, that he above said budget for the Community Development Block Grant Fund of the City of Clermont for the 2002-2003 Fiscal Year and appropriations therefore are hereby adopted. CITYOF CLERMONT RESOLUTION NO. 1278 Page 2 • DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA THIS a4'~- DAY OF SEPTEMBER, 2002. Harold S. Turville, Mayor "~ Attest: Jo ph E. an ,City Clerk • •