A RESOLUTION OF THE US HIGHWAY 441/27 COMMUNITY REDEVELOPMENT AGENCY OF LEESBURG, FLORIDA, APPROVING THE AMENDED FISCAL YEAR 2011-12 BUDGET; APPROPRIATING CERTAIN FUNDS TO SPECIFIC REDEVELOPMENT PROJECTS; AND PROVIDING AN EFFECTIVE DATE.

BE IT RESOLVED BY THE US HIGHWAY 441/27 COMMUNITY REDEVELOPMENT AGENCY:

THAT the Amended Fiscal Year 2011-12 Budget, a copy of which is attached hereto, is hereby adopted and ratified;

THAT the following appropriations from the Redevelopment Trust Fund are made for specific redevelopment projects to be completed within three (3) years:

Amounts available for carryover approximating $9,261,498 for improvements to the US Highway 441/27 Community Redevelopment Agency.

THAT this resolution shall become effective immediately.

PASSED AND ADOPTED by the US Highway 441/27 Community Redevelopment Agency of Leesburg, Florida, at a regular meeting held the 10th day of September, 2012.

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Chairperson

ATTEST:

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Secretary/City Clerk