R-04-1394CITY OF CLERMONT
RESOLUTION
NO. 1394
A RESOLUTION OF THE CITY OF CLERMONT, LAKE
COUNTY, FLORIDA, ESTABLISHING THE WATER IMPACT
FEE FUND BUDGET FOR THE CITY OF CLERMONT FOR
THE FISCAL YEAR 2004-2005 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 to
recover the water system capital costs associated with growth of the City for the Fiscal
Year of October 1, 2004 to September 30, 2005.
CASH BALANCES BROUGHT FORWARD
ESTIMATED REVENUES:
Impact Fees
Miscellaneous
$3,852,481
1,290,000
112,100
TOTAL ESTIMATED REVENUES
$ 1,402,100
TOTAL CASH BALANCES
& ESTIMATED REVENUES
EXPENDITURES:
Water System
$5,027,274
RESERVES
TOTAL EXPENDITURES AND RESERVES
$ 227,307
5.2
NOW, THEREFORE, BE IT RESOLVED, that he above said budget for the
Water Impact Fee Fund of the City of Clermont for the 2004-2005 Fiscal Year and
appropriations therefore are hereby adopted.
CITY OF CLEIZMONT
RESOLUTION
NO. 1394
Page 2
DONE AND S VED BY THE CITY COUNCIL OF THE CITY OF
CLERMONT THIS DAY OF SEPTEMBER, 2004.
rold S. Turville, Mayor
Attest:
Tracy royd, City Cler