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<br />targeted earning capacity. It is for single-family, detached or attached housing, condos and manufactured <br />homes. <br /> <br />The Chairman opened the public hearing and with no speakers, closed same. <br /> <br />ON MOTION by Commissioner Bowden, SECONDED by <br />Commissioner Wheeler, the Board unanimously adopted <br />Resolution 2006-092 <br /> authorizing the Escambia County Housing <br />Finance Authority to operate within the boundaries of Indian <br />River County, Florida, to finance qualifying single-family <br />mortgage loans on behalf of Indian River County, Florida; <br />authorizing the Board of County Commissioners to enter into <br />agreements with the Escambia County Housing Finance Authority <br />and to execute and deliver certain documents and instruments in <br />connection therewith; approving a form of interlocal agreement; <br />approving the issuance by the Escambia County Housing Finance <br />Authority of not exceeding $150,000,000 single family mortgage <br />revenue bonds, pursuant to Section 147(f) of the Internal Revenue <br />Code of 1986, as amended; providing that such bonds constitute <br />limited, special obligations; and providing an effective date. <br /> <br />INTERLOCAL AGREEMENT IS ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br /> <br />June 20, 2006 <br />15 <br /> <br />