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RESOLUTION NO 2006-162 <br />NOW THEREFORE, BE IT RESOLVED by the Board of County Commissioners <br />of Indian River County, Florida that: <br />Section 1. <br />The above recitals are ratified in their entirety <br />Section 2. <br />The attached Indian River County Local Housing Assistance Plan <br />for FY 2006-2007, 2007-2008, and 2008-2009 is hereby approved <br />by the Board of County Commissioners. The County's Local <br />Housing Assistance plan is a countywide plan and covers the <br />unincorporated county as well as all municipalities within the <br />county. <br />Section 3. <br />The Board of County Commissioners directs staff to submit two <br />copies of the Indian River County Local Housing Assistance <br />Plan to the Florida Housing Finance Corporation by certified <br />mail. A minimum of one of the two copies shall bear the <br />original signature of the Board of County Commissioners <br />Chairman. <br />Section 4. <br />The county has determined that 5% of SHIP funds is <br />insufficient to administer the program. The county shall <br />continue utilizing ten percent (10%) of the state SHIP <br />allocation for administration of the SHIP Program. <br />2 <br />