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Section 308.02. Purpose and intent. The purpose of this chapter is to comply with the requirements of the sections 420-097-420- 9079 F.S. State Housing Initiatives Partnership (SHIP) Act Rregrana'-and Rule 67-37 9#-3 .994 Florida Administrative Code (FAC). As such, this chapter provides for.- (1) or:(1) Creation of the Indian River County Local Housing Assistance Trust Fund in accordance with Rule 67-37.008 91 37-088 FAC; (2) Establishment of the Indian River County Local Housing Assistance Program in accordance with Rule 67-37.005 91-37-807 FAC, under which the Indian River County Local Housing Assistance plan has been adopted; (3) Designation of the responsibility for the implementation and administration of the Indian River County Local Housing Assistance Program; and (4) Creation of the Indian River County Affordable Housing Advisory Committee in accordance with the section 420-9076 F.S. and Rule 67-37.010 91-37 909 FAC, C.) PJ:;. 9; -3 4-6-�)3i Section 308.03. Definitions. The definitions provided in Rule 67-37.002 943 -002, Florida Administrative Code (FAC State-Housing-Initiatives-Ra rtaer&hip_P-rogfare-Re1es1, section 420-9071 F.S. and in the Indian River County Local Housing Assistance Plan shall apply to the terms used in this chapter. Section 308.04. Creation of the Indian River County Local Housing Assistance •... Trust Fund. (1) The Indian River County Local Housing Assistance Trust Fund (IRCLHATF) is hereby created and established consistent with the section 402-9075 F.S. and Rule 67-37.008 FAC, The Indian River County Local Housing Assistance Trust Fund shall be a separate fund account maintained by the Indian River County Board of County Commissioners. Expenditures from the trust Fund must meet all requirements of section 420-9075 F.S. and Rule 67-37 FAC R}--Alt meni�eG;Ted from-the--state--as 1-Housing-Bistr4butioR uflder-the Mate-Heusing4nmitiative Partaershl nd_eth or budgeted ing-for--the-tndian-River--� Rr$gfam shall be deposited irate t al+lousing-Assistance Trust F4.4nd-Ad+nin slag-Assists all be-Gens sten 07 -Ftorida-Administfat4*-cede. All--funds deposited inte the1Rdian4R6ver-GeuntV LOG 1-Heusfag--Assistance-T-u+st-end-will be-subject te4#e reguife��^t��f thv 't' v, rv,v�R RiveF GGURty LOsal k#ousmg-Assistance-PfegraR, and-Rlan a"eatified-by-t#is-chapter, and-the-pfGvisiGns-Gf_Rule 67-37.009 91,37.097, Flofida AdrnInistfa4ve-Code- (3) Expenditures otheF an--for----the--admi f the indian-P+ver County Local Housing-Assistaf+Ge T-Fust--Fund. dministfation expend res Ma de, but - of be 4mAe(_4o:-6a4 poncib fnr ep3tafien repotingand-attiRistratjon fGr- endian-Rivef- nty-Losal Housing-Assistance PpFam;sexpenses of personsresponsible-for-- ndue'in� dian--River-Gnu nth-6oeal--Housing-Assistance-�regrafn production eta naatioa Ma#ef+als utilised-in sond��stiag t#3e-Indian PWeF CGURty LoGal HOUSiRg Assistance 4G9r-arnj t„ el expenses Felated to LOGal Housing 3 83