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4/26/10 les <br />Section 2. The Agency hereby finds that transferring $3,679,546 from the Low and <br />Moderate Income Housing funds and $6,302,827 from the South Main Commercial Corridor <br />funds is necessary due to the insufficiency of other revenue sources. <br />Section 3. The Executive Director of the Agency is hereby authorized to take all <br />necessary actions and to sign ail documents and instruments necessary to make the <br />$17,889,256 payment to the County Auditor for deposit into the Supplemental Educational <br />Revenue Augmentation Fund on or before May 10, 2010. <br />Section 4. This Resolution shall take effect immediately upon its adoption by the City <br />Council, and the Clerk of the Council shall attest to and certify the vote adopting this <br />Resolution. <br />3-6 <br />