CRA Resolution No. 17 - FY 2019-20 Budget Amendment&—, CITY OF CLERMONT
CLE' Community Redevelopment Agency
RESOLUTION N0.17
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AGENCY OF
THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ADOPTING THE
BUDGET AMENDMENT FOR THE 2019-2020 FISCAL YEAR.
WHEREAS, it is hereby found and determined by the Community Redevelopment Agency Board
of the City of Clermont, Lake County, Florida that the following budget amendments are necessary for
the Fiscal Year of October 1, 2019 to September 30, 2020.
1. Increase Capital Outlay — Artwalk Project (60552-66300-52002) $ 340,000
To amend the Development Services budget for Cost Share Pricing for the
Art Walk Project Construction approved by the City Council on February
25, 2020.
2. Increase Capital Outlay— Artwalk Project (60552-66300-52002) $ 11,100
Increase CRA Ad Valorem Taxes (60311-31101) $ 48,326
To amend the Development Services budget for power relocation costs for
the Art Walk and additional ad valorem tax revenues.
3. Decrease Fund Balance (60599-59900)
Total CRA Fund adjustments.
$ 302,774
NOW, THEREFORE, BE IT RESOLVED, that the above said budget amendments for the City
of Clermont Community Redevelopment Agency for the 2019-2020 Fiscal Year and a pp ro nations
p
therefore are hereby adopted.
CITY OF CLERMONT
CLERONT Community Redevelopment Agency
RESOLUTION NO. 17
DONE AND RESOLVED by the Community Redevelopment Agency Board of the City of
Clermont, Lake County, Florida, this 22nd day of September, 2020.
" z Z' �Vz 4 �: 4"��
Gail L. Ash, CRA Chairman
Attest:
Tracy Ackroyd owe, City Clerk