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R-03-1323~4 ~ t • CITY OF CLERMONT RESOLUTION NO. 1323 • A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ESTABLISHING THE RECREATION IMPACT FEE FUND BUDGET FOR THE CITY OF CLERMONT FOR THE FISCAL YEAR 2003-2004 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 recreation 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 500,000 Miscellaneous 4,500 TOTAL ESTIMATED REVENUES TOTAL CASH BALANCES & ESTIMATED REVENUES EXPENDITURES: Public Works RESERVES TOTAL EXPENDITURES AND RESERVES $ 668,627 $ 504,500 1 12 $ 755,250 $ 417,877 11 2 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the Recreation Impact Fee Fund of the City of Clermont for the 2003-2004 Fiscal Year and appropriations therefore are hereby adopted. • •, ~ • CITY OF CLERMONT RESOLUTION • NO. 1323 Page 2 DONE AND RESOLVED BY THE CITY CO~U,~CIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA THIS ~%~-DAY OF SEPTEMBER, 2003. arold S. Turville, Mayor Attest: J seph E. Van Zil Clerk • •