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R-04-1392CITY OF CLERMONT RESOLUTION • NO. 1392 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ESTABLISHING THE POLICE IMPACT FEE FUND BUDGET FOR THE CITY OF CLERMONT FOR THE FISCAL YEAR 2004-2005 AUTHORIZING RECEIPTS AND DISBURSEMENTS CONTAINED THEREIN. WHEREAS, it is found and determined by the City Council of the City of Clermont, Lake County, Florida, that the following sums of money shall be used to recover police capital costs associated with growth of the City for the Fiscal Year of October 1, 2004 to September 30, 2005. CASH BALANCES BROUGHT FORWARD $ 765,515 ESTIMATED REVENUES: Impact Fees 230,000 Miscellaneous 9,500 TOTAL ESTIMATED REVENUES $ 239,500 TOTAL CASH BALANCES & ESTIMATED REVENUES 1.005.015 EXPENDITURES: Police $ 53,515 RESERVES 951 500 TOTAL EXPENDITURES AND RESERVES 1 1 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the Police Impact Fee Fund of the City of Clermont for the 2004-2005 Fiscal Year and appropriations therefore are hereby adopted. CITY OF CLERMONT RESOLUTION NO. 1392 Page 2 DONE AND RES LVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT THIS ~ DAY OF SEPTEMBER, 2004. ------, . d S. Turville, Mayor Attest: ti. Tracy Ackroyd, City Cler •