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(Ord. No. 93-13, 4-6-93) <br />Section 308.02. Purpose and intent. <br />The purpose of this chapter is to comply with the requirements of the sections 420-097- 420- <br />9079 F.S. State Housing Initiatives Partnership (SHIP) Act Program and Rule 67-37 91 37-004 <br />Florida Administrative Code (FAC). As such, this chapter provides for: <br />(1) Creation of the Indian River County Local Housing Assistance Trust Fund in <br />accordance with Rule 67-37.008 91-3008 FAC; <br />(2) Establishment of the Indian River County Local Housing Assistance Program in <br />accordance with Rule 67-37.005 91-37.007 FAC, under which the Indian River County <br />Local Housinq Assistance plan has been adopted; <br />(3) Designation of the responsibility for the implementation and administration of the Indian <br />River County Local Housing Assistance Program; and <br />(4) Creation of the Indian River County Affordable Housing Advisory Committee in <br />accordance with the section 420-9076 F.S. and Rule 67-37.010 91-37.009 FAC. <br />(Ord. No. 93-13, 4-6-93) <br />Section 308.03. Definitions. <br />The definitions provided in Rule 67-37.002 91-37.002, Florida Administrative Code (FAC <br />State Housing Initiatives PaFtne%hip PF99FaFn Z, section 420-9071 F.S. and in the Indian <br />River County Local Housing Assistance Plan shall apply to the terms used in this chapter. <br />(Ord. No 93-13, 4-6-93) <br />Section 308.04. Creation of the Indian River County Local Housing Assistance <br />Trust Fund. <br />(1) The Indian River County Local Housing Assistance Trust Fund (IRCLHATF) is hereby <br />created and established consistent with the section 402-9075 F.S. and Rule 67-37.008 FAC. <br />The Indian River County Local Housing Assistance Trust Fund shall be a separate fund <br />account maintained by the Indian River County Board of County Commissioners. <br />Expenditures from the trust Fund must meet all requirements of section 420-9075 F.S. and <br />Rule 67-37 FAC <br />