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LAND ACQUISITION BONDS— 2004 REFERENDUM <br />Administrator Baird advised that this is the debt service for the $50 million voter <br />approved bond issue for environmentally sensitive land. The proposed millage is 0.3154, an <br />increase of about 10% above the current millage rate (rollback rate does not apply), and the <br />proposed budget amount is $4,793,098. <br />Chairman Davis opened the floor to public comments. There were no speakers and the <br />Chairman closed the public comment period. <br />ON MOTION by Vice Chairman Flescher, SECONDED <br />by Chairman Davis, the Board unanimously approved <br />the millage rate of 0.3154, and approved Resolution <br />2009-151, establishing the tax millage rate to be levied <br />upon all real and personal taxable property in Indian <br />River County, Florida, for Fiscal Year 2009/2010 for the <br />General Obligation Land Acquisition Bond Issue — 2004 <br />Referendum. <br />ON MOTION by Vice Chairman Flescher, SECONDED <br />by Commissioner O'Bryan, the Board unanimously <br />approved the dollar amount of $4,793,098, and approved <br />Resolution 2009-152, amending the County Budget <br />Officer's estimates of receipts other than taxes and of <br />balances to be brought forward for Fiscal Year <br />2009/2010 and adopting a final budget for the General <br />9 <br />September 16, 2009 <br />MG/Final Budget <br />