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ON MOTION by Commissioner O'Bryan, SECONDED by <br />Commissioner Wheeler, the Board unanimously approved <br />the millage rate of 0.1357, and approved Resolution No. <br />2008-131, establishing the tax millage rate to be levied <br />upon all real and personal taxable property in Indian River <br />County, Florida, for fiscal year 2008/2009 for the General <br />Obligation Land Acquisition Bond Issue. <br />ON MOTION by Commissioner O'Bryan, SECONDED by <br />Commissioner Wheeler, the Board unanimously approved <br />the dollar amount of $2,428,658, and approved Resolution <br />No. 2008-132, amending the County Budget Officer's <br />estimates of receipts other than taxes and of balances to be <br />brought forward for fiscal year 2008/2009 and adopting a <br />final budget for the General Obligation Land Acquisition <br />Bond Issue. <br />LAND ACOUISITIONBONDS — 2004 REFERENDUM <br />Administrator Baird relayed that this is the debt service for the $50 million voter <br />approved bond issue, which is basically principal and interest. The proposed millage of 0.2863 <br />(rollback rate does not apply) and the proposed budget amount is $4,797,340. <br />Chairman Bowden opened the floor to public comments. There were no speakers and the <br />Chairman closed the public comment period. <br />There were no changes proposed. <br />SEPTEMBER 10, 2008 13 <br />