R-2018-24R CITY OF CLERMONT
Chace C RESOLUTION NO.2018-24R
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CLERMONT,LAKE COUNTY,FLORIDA,AUTHORIZING THE USE OF
SIX HUNDRED THIRTY-FOUR THOUSAND FOUR HUNDRED
DOLLARS ($634,400.00) OF CITY OF CLERMONT FUNDING AS
LEVERAGE FOR THE SMALL CITIES NEIGHBORHOOD
REVITALIZATION COMMUNITY DEVELOPMENT BLOCK GRANT
APPLICATION THE CITY IS SUBMITTING TO THE FLORIDA
DEPARTMENT OF ECONOMIC OPPORTUNITY FOR FEDERAL
FISCAL YEAR 2017.
WHEREAS,the City of Clermont(the"City")desires to show evidence of its commitment
to provide a specific amount of leverage funding to be used in carrying out the Small Cities
Neighborhood Revitalization Community Development Block Grant Application.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Clermont,
Florida:
SECTION 1.
The City hereby commits to providing a minimum of six hundred thirty-four thousand four
hundred dollars($634,400.00)as leverage for a Community Development Block Grant application
in the Neighborhood Revitalization category being submitted for the FFY 2017 Application cycle;
and
SECTION 2.
All of the leverage funding shall come from the City's Water and Sewer Enterprise Fund for the
water Iine replacement activity.
SECTION 3.
The City understands these funds will be expended, following approval of the Community
Development Block Grant,after the Department of Economic Opportunity site visit for the project,
but prior to the City submitting the administrative closeout for the project to the Florida
Department of Economic Opportunity.
SECTION 4.
This Resolution shall take effect immediately upon its adoption.
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cI.ER1"-OIT CITY OF CLERMONT
�W RESOLUTION NO.2018-24R
DONE AND RESOLVED by the City Council of the City of Clermont,Lake County,
Florida this 24th day of July,2018.
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• '' 1% CITY OF CLERMONT
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Gail L. Ash, Mayor
'ATTEST:
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Tracy Ackroyd o -,City Clerk
Approved as to form and al/IL
Da '- . antzaris, City Attorney