04-11-2017 Council Workshop City of Clermont
MINUTES
COUNCIL WORKSHOP
April 11,2017
The Clermont City Council met at a workshop on Tuesday, April 11, 2017, in the Council Chambers at
City Hall. Mayor Ash called the workshop to order at 5:55pm with the following Council Members
present: Council Members Mullins, Goodgame, Travis and Bates. Other City officials present were:
City Manager Gray and Acting City Clerk Noak.
Master Plan Financing Options
Finance Director VanZile discussed the Master Plan projects, costs, and the plan for financing the
individual projects. The anticipated loan for the projects is an estimated $21.3 million with an estimated
annual debt service of$1.9 million; however, the City should be receiving grant funds which will reduce
the loan amount. Infrastructure Sales Tax, Stormwater Utility Fees, and the Recreation Impact Fees will
be used to pay the annual debt service.
The financing will go through the Request for Proposal process and will come before City Council for
consideration.
With no further discussion,the workshop adjourned at 6:20pm.
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