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R-64-032~J RESOLUTIONS N °_ No -32 • WHEREAS, A Resolution was adopted by the City Council of the City of Clermont on April 30, 1964, authorizing the City Clerk and/or Finance Officer to borrow from the Equipment Replacement Fund an amount not exceed Eighteen Thousand 018,000.00) Dollars for the purpose of paying the cost of materials used in the re- building of a portion of Lake Shore Drive, and WHEREAS, the City Clerk and/or Finance Officer now advises the City Council ghat it is possible to pay the cost of the materials used for the rebuilding of Lake Shore Drive from the current (1963-64) budget without creating a deficit, THEREFORE, BE IT RESOLVED That the City Clerk and/or Finance Officer of the City of Clermont be authorized ~~o pay the cost of materials used in the rebuilding of a portion~o~ Lake Shore Drive from the revenues received during this fiscal year and that the Resolution adopted April 30, 1964 authorizing the borrowing of funds be repealed. ADOPTED by the City Council of the City of Clermont, Lake County, Florida, at its Adjourned Meeting held on September 15, 1964, in Clermont, Florida. May~i o the City Clermont 1 ., ~~ ` ~~ /.. . 1"~G A. M. Johnson, Clerk i 53