R-03-1326t .~
CITY OF CLERMONT
RESOLUTION
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NO. 1326
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 2003-2004 AUTHORIZING RECEIPTS AND
DISBURSEMENTS CONTAINED THEREIN.
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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, 2003 to September 30, 2004.
CASH BALANCES BROUGHT FORWARD
ESTIMATED REVENUES:
Impact Fees 1,130,000
Miscellaneous 96,500
TOTAL ESTIMATED REVENUES
TOTAL CASH BALANCES
& ESTIMATED REVENUES
EXPENDITURES:
Water System
$ 1,226,500
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RESERVES
$3,864,697
$3,926,632
$1,164,565
TOTAL EXPENDITURES AND RESERVES 91 1
NOW, THEREFORE, BE IT RESOLVED, that he above said budget for the
Water Impact Fee Fund of the City of Clermont for the 2003-2004 Fiscal Year and
appropriations therefore are hereby adopted.
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CITY OF CLERMONT
RESOLUTION
NO. 1326
Page 2
DONE AND RESOLVED BY THE CITY CO~U, N~CIL OF THE CITY OF
CLERMONT, LAKE COUNTY, FLORIDA THIS 1 f •~ DAY OF SEPTEMBER,
2003.
s
Harold S. Turville, Mayor
Attest:
v
r
E. Van Zile, Cit}vC~rk
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