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V. PLAN S <br />The Indian River County Local Housing Assistance Plan <br />(IRCLHAPlan) shall be adopted and amended in conformance with <br />the following guidelines: <br />A. Authority <br />The IRCLHAPlan may be adopted and amended by a resolution or <br />by an ordinance of the Indian River County Board of County <br />Commissioners. <br />B. Timing <br />At a minimum, the IRCLHAPlan must be amended, updated and <br />adopted (as revised) every three years. However, the <br />IRCLHAPlan may be amended or updated by the Indian River <br />County Board of County Commissioners at any time. <br />Furthermore, the IRCLHAPlan shall be amended and updated prior <br />to expiration of the currently adopted IRCLHAPlan's listed <br />date of duration. <br />C. Procedures <br />Adoption and amendment procedures for the IRCLHAPlan shall be <br />as follows: <br />1. The IRCLHAPlan and amendment proposals shall be compiled <br />by the Community Development Department staff. <br />2. To the extent feasible, the IRCLHAPlan and compiled <br />amendment proposals shall be presented to the Indian <br />River County Affordable Housing Advisory Committee <br />(IRCAHAC) for review and consideration. <br />3. The IRCAHAC shall review the IRCLHAPlan and amendment <br />proposals and shall make a formal recommendation for <br />consideration of the IRCLHAPlan and the amendment <br />proposals to the Indian River County Board of County <br />Commissioners. <br />4. The Indian River County Board of County Commissioners <br />shall review the proposed IRCLHAPlan and amendment <br />proposals and vote to transmit the proposed IRCLHAPLan <br />and amendment proposals as approved by the Board, to the <br />Florida Housing Finance Corporation (FHFC) for its <br />compliance review. <br />5. The IRCLHAPlan and amendment proposals shall be <br />transmitted to the FHFC within ten (10) working days of <br />the Board of County Commissioners' determination to <br />I -M <br />