R-02-1277• •
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NO. 1277
CITY OF CLERMONT
RESOLUTION
A RESOLUTION OF THE CITY OF CLERMONT, LAKE
COUNTY, FLORIDA, ESTABLISHING THE SEWER IMPACT
FEE FUND BUDGET FOR THE CITY OF CLERMONT FOR
THE FISCAL YEAR 2002-2003 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 sewer system capital costs associated with growth of the City for the Fiscal
Year of October 1, 2002 to September 30, 2003.
CASH BALANCES BROUGHT FORWARD
ESTIMATED REVENUES:
Impact Fees
Miscellaneous
$6,294,485
2,476,000
176,000
TOTAL ESTIMATED REVENUES
$2,652,000
TOTAL CASH BALANCES
& ESTIMATED REVENUES
EXPENDITURES
Sewer System
RESERVES
TOTAL EXPENDITURES AND RESERVES
4 4
$ 756,715
$8,189,770
8.9
NOW, THEREFORE, BE IT RESOLVED, that he above said budget for the
Sewer Impact Fee Fund of the City of Clermont for the 2002-2003 Fiscal Year and
appropriations therefore are hereby adopted.
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• •
CITY OF CLERMONT
RESOLUTION
NO. 1277
Page 2
DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CLERMONT, LAKE COUNTY, FLORIDA THIS ~ DAY OF SEPTEMBER,
2002.
L~.~ ~ --,
J
~ old S. Turville, Mayor
Attest:
Jos h E. Van Zile, Clerk