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R-99-1083~" 1 r • CITY OF CLERMONT RESOLUTION NO. 1083 • 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 1999-2000 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 recreation impact fees shall be used to recover the capital costs associated with growth of the City for the Fiscal Year of October 1, 1999 to September 30, 2000. CASH BALANCES BROUGHT FORWARD $ 113,909 ESTIMATED REVENUES: Impact Fees 205,000 Miscellaneous 2,500 • TOTAL ESTIMATED REVENUES $ 207,500 TOTAL CASH BALANCES & ESTIMATED REVENUES 321.409 EXPENDITURES: Transfers-out 238,375 RESERVES 83,034 TOTAL EXPENDITURES AND RESERVES 3 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the Recreation Impact Fee Fund of the City of Clermont for the 1999-2000 Fiscal Year and appropriations therefore are hereby adopted. • C, • DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA THIS ~ DAY OF SEPTEMBER, . 1999. o d S. Turville, Mayor Attest: seph E. Va ile, City Clerk • •