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INDIAN RIVER COUNTY, FLORIDA MEMORANDUM Public Hearing (Legislative) TO: Joseph A. Baird, County Administrator DEPARTMENT HEAD CONCURRENCE: c Stan Boling, AICP Community Develop t Director FROM: Sasan Rohani, AICP Chief, Long -Range Planning DATE: April 2, 2014 SUBJECT: Consideration of an Ordinance to Amend County Code Chapter 308, Indian River County Housing Assistance Program It is requested that the data herein presented be given formal consideration by the Board of County Commissioners at its regular meeting of April 15, 2014. BACKGROUND Pursuant to the requirements of Section 420.907, F.S., and Rule 67-37.005, Florida Administrative Code (FAC), the Board of County Commissioners approved the County's first Local Housing Assistance Plan (Ordinance #93-13) on April 6, 1993. Subsequently, the Florida Housing Finance Agency approved the county's plan and authorized the disbursement of State Housing Initiatives Partnership (SHIP) Program funds. The County's Local Housing Assistance Program was then codified as Chapter 308 of the County Code. The portion of Chapter 308 related to the SHIP program has not been updated since it was adopted in 1993. Planning staff, in coordination with the County Attorney, has identified three types of changes that need to be made to Chapter 308. On March 11, 2014, the Board authorized staff to initiate the process to formally amend certain sections of Chapter 308 identified by staff as needing changes. Staff has drafted an ordinance amending those sections of Chapter 308 and has advertised for the adoption public hearing. The Board is now to consider the proposed ordinance and is to adopt, adopt with changes, or deny the proposed ordinance. ANALYSIS Currently, there are three issues that require revisions to Chapter 308. First, since Chapter 308's adoption, the Florida Housing Finance Agency became the Florida Housing Finance Corporation 1 116