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The purpose of this staff report is to provide the Board of County Commissioners with an <br /> opportunity to review the attached SHIP annual reports,as well as to obtain Board authorization for <br /> the Chairman to sign the Certification pages of the SHIP annual report. <br /> FUNDING <br /> The SHIP program is funded by documentary stamp tax revenues collected and distributed by the <br /> State. <br /> ALTERNATIVES <br /> The Board of County Commissioners has two alternatives with respect to the SHIP Annual Reports. <br /> Those are: <br /> • To approve the attached SHIP Annual Reports and direct staff to submit the reports to the <br /> Florida Housing Finance Corporation. <br /> • Not to approve the attached SHIP Annual Reports. <br /> Choosing the second alternative,however, would cause the county to become ineligible to receive <br /> additional SHIP funds. Staff supports the first alternative. <br /> RECOMMENDATION <br /> Staff recommends that the Board of County Commissioners approve the attached SHIP annual <br /> reports and authorize the Chairman to sign the reports' Certification pages. <br /> Attachments: <br /> 1. SHIP Funds and Applicants Information Summary <br /> 2. SHIP Annual Report for FY 2010-2011 (Closeout report) <br /> 3. SHIP Annual Report for FY 2011-2012 (Interim report) <br /> 4. SHIP Annual Report for FY 2012-2013 (Interim report) <br /> 5. Certification Forms <br /> Indian River Co. A o d Date Approved Agenda Item: <br /> Admin. LVl3 <br /> Legal $- 4-17 By: <br /> Budget a 13 <br /> Dept. For: � IU �ot3 <br /> o`L <br /> Risk Mgr. <br /> F:\Community Development\SHIPWnnual Reports\2013 AR\IRC SHIP 2013 Annual Report-BCC.doc <br /> 3 48 <br />