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        <Description>SUNTRUST 1003 E N BLVD</Description>
        <Amount>118638</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>SUNTRUST 305 PINE ST</Description>
        <Amount>36967</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>588377</TotalOfAmounts>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc5">
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>THE MISSION OF THE CDC OF LEESBURG AND VICINITY IS TO IMPROVE THE QUALITY OF LIFE FOR LOW-TO-MODERATE INCOME RESIDENTS IN THE EAST LEESBURG COMMUNITY AND BEYOND; TO PROMOTE AND IMPLEMENT ECONOMIC AND COMMUNITY DEVELOPMENT ISSUES AND PARTNERSHIPS, WHILE PRESERVING THE HERITAGE OF THE COMMUNITY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>THE BOARD ENGAGED A CERTIFIED PUBLIC ACCOUNTANT TO PREPARE THE RETURN FROM THE FINANCIAL RECORDS AND COMPILED FINANCIAL STATEMENTS. EACH BOARD MEMBER IS GIVEN THE OPPORTUNITY TO REVIEW THE FORM 990 PRIOR TO FILING. THE BOARD ENGAGED AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT TO PERFORM AN AUDIT OF THE FINANCIAL STATEMENTS FOR 2009 AND 2010.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>N</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION OF EMPLOYEES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION OF EMPLOYEES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990, PART IX, LINE 24E</ReturnReference>
        <Explanation>REPAIRS &amp; MAINT - PROPERT 10,030 0 0 AGENT RENTAL EXPENSES 7,585 0 0 NORTH BLVD PROP PURCHASE/IMPROV 6,457 0 0 AGENT COMMISSION 5,358 0 0 TELEPHONE 0 5,227 0 EQUIPMENT MAINTENANCE 0 3,695 0 DONATIONS AND SPONSORSHIP 2,835 0 0 220 MIKE ST (MUSEUM) 2,107 0 0 EMPLOYEE LEASING 0 1,955 0 408 LAKE STREET 1,797 0 0 2011 ADDS 804 DOUGLAS - NO 11 D 1,506 0 0 311/313 PINE ST IMPROVEMENTS 1,265 0 0 220 MIKE ST IMPROVEMENTS 1,034 0 0 218 A &amp; B MIKE ST 956 0 0 214 SOUTH EAST ST DUPLEX 872 0 0 220 MIKE ST IMPROVEMENT 714 0 0 ECONOMIC DEVELOPMENT 670 0 0 HP SERVER &amp; COMPUTERS 654 0 0 313 PINE STREET 551 0 0 HP SERVER &amp; MONITOR 521 0 0 2007 IMPROVEMENTS - 311/313 PIN 498 0 0 DOUGLAS STREET IMPROVEMENTS 331 0 0 SELLAR, SEWELL, RUSS CLOSING 80 277 0 0 214 EAST DUPLEX IMPROVEMENTS 257 0 0 SHED 225 0 0 214 S.E. DUPLEX IMPROVEMENTS 175 0 0 LAMINATOR 174 0 0 EQUIPMENT LEASE 0 165 0 TV &amp; SOUND SYSTEM 161 0 0 N BLVD BLDG-PROTECTIVE COATINGS 154 0 0 CONFERENCES 0 135 0 AIR CONDITIONER/RELATED COSTS; 134 0 0 DELL DESKTOPS 129 0 0 DOUGLAS STREET FIREWALL 128 0 0 HEATING-MORRISON EL HEATING 104 0 0 CDEC BEAUTY SALON EQUIPMENT PIN 98 0 0 DELL LAPTOP 91 0 0 AUDIO-VISUAL EQUIPMENT 67 0 0 MIKE ST IMPROVEMENTS 64 0 0 PROJECTOR &amp; SCREEN 59 0 0 PROJECTOR 58 0 0 PRINTER 53 0 0 CELL PHONES 53 0 0 DESK TOP COMPUTER 53 0 0 COPIER 37 0 0 SIGN FOR BLLDG-SIGNCRAFTER 1003 37 0 0 CAMCORDER 30 0 0 TIME CLOCK 27 0 0 FAX MACHINE 16 0 0 OFFICE FURNITURE 15 0 0 FILE CABINET 15 0 0 DELL DESKTOP 13 0 0 SIGN 13 0 0 MANAGER'S DESK 13 0 0 CREDENZA 13 0 0 RECEPTION DESK 13 0 0 FURNITURE 10 0 0 6 SECRETARIAL CHAIRS 10 0 0 COFFEE TABLE 7 0 0 END TABLE 5 0 0</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>