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The closing for these bonds occurred on November 29, 2001. In order to account for the transactions <br />associated with this bond issue, a budget amendment is necessary. Attached to this item is Budget <br />Amendment 002, submitted for Board approval. <br />Staff Recommendation <br />Staff recommends the Board of Commissioners approve the attached budget amendment necessary to <br />account for the transactions associated with the $11,000,000 Land Acquisition General Obligation Bond <br />Issue, Series 2001. <br />Attachments <br />Miscellaneous Budget Amendment 002 <br />ON MOTION by Commissioner Adams, SECONDED BY Vice <br />Chairman Stanbridge, the Board unanimously approved Budget <br />Amendment 002 necessary to account for transactions associated <br />with the $11 000,000 Land Acquisition General Obligation <br />Bond Issue, Series 2001, as recommended in the memorandum. <br />December II, 2001 <br />26 <br />3 <br />Entry <br />Number <br />Fund/Deparrnt/ <br />Account <br />'me <br />Account Number <br />Increase <br />Decrease <br />1. <br />REVENUES <br />LAND ACQUISITION <br />Issue Proceeds <br />FUND/ <br />Debt <br />125-000-384-010.00 <br />$11,000,000 <br />$0 <br />EXPENSES <br />LAND ACQUISITION <br />Insurance <br />FUND/ <br />Other <br />125-146-539-034.59 <br />$25,410 <br />$0 <br />LAND ACQUISITION FUND/ <br />Original Issue Discount <br />125-146-539-036.84 <br />$282751 <br />$0 <br />LAND ACQUISITION <br />Issuance Costs <br />FUND/ <br />Debt <br />125-146-539-033.19 <br />$50,320 <br />$0 <br />LAND ACQUISITION <br />Services <br />FUND/ <br />Legal <br />125-146-539-033.11 <br />$30,000 <br />$0 <br />LAND ACQUISITION FUND/ <br />Environmental Land Purchases <br />125-146-539-066.11 <br />$10,829,879 <br />$0 <br />LAND ACQUISITION <br />Professional Services <br />FUND/ <br />Other <br />125-146-539-033.19 <br />$35,640 <br />$0 <br />December II, 2001 <br />26 <br />3 <br />