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R-03-132411 • • .' CITY OF CLERMONT RESOLUTION • NO. 1324 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 2003-2004 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, 2003 to September 30, 2004. CASH BALANCES BROUGHT FORWARD $ 615,405 ESTIMATED REVENUES: Impact Fees 230,000 Miscellaneous 8,750 TOTAL ESTIMATED REVENUES $ 238,750 • TOTAL CASH BALANCES & ESTIMATED REVENUES ~~~54 EXPENDITURES: Police $ 103,307 RESERVES $ 750,848 TOTAL EXPENDITURES AND RESERVES ~ 54 5 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the Police Impact Fee Fund of the City of Clermont for the 2003-2004 Fiscal Year and appropriations therefore are hereby adopted. ~• R• • CITY OF CLERMONT RESOLUTION U NO. 1324 Page 2 DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA THIS ~~ DAY OF SEPTEMBER, 2003. Attest: seph E. Van Zi ity Clerk • arold S. Turville, Ma or •