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R-95-894 . . . 8 8 CITY OF CLERMONT RESOLUTION No. 894 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, EST ABLISIDNG A PARKING SPACE EXCHANGE FEE FOR THE CENTRAL BUSINESS DISTRICT AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Clermont Land Development Regulations as adopted by Code Ordinance No. 281-C, Chapter 7, establishes provisions for a Central Business District parking space exchange, and WHEREAS, a provision is made for a one-time parking exchange fee to be established by Resolution of the City Council, NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Clermont, Florida, as follows: Section 1: That the one-time parking space exchange fee shall be $1,500 for each parking space. Section 2: Central Business District parking fees shall be deposited into the Central Business District Parking Fund and shall be used only for the provision of additional parking spaces in the Central Business District and may be used for, but not limited to acquisition of land and construction and maintenance of parking spaces for public use. Section 3: This Resolution shall take effect immediately upon its passage, approval, and being posted or published as required by law. 8 8 . CITY OF CLERMONT RESOLUTION No. 894 Page 2 DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA THISj2tADAY OF DECEMBER, 1995. CITY OF CLERMONT . Attest: $d /!~ Robert A. Pool, Mayor ---- .