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The purpose of this staff report is to provide the Board of County Commissioners with background <br />information and the attached SHIP FY 2013-14 annual report/closeout report, and to obtain Board <br />authorization for the chairman to sign the Certification Forms for the attached SHIP annual report <br />(see attachments 3 and 4). <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 attached SHIP Annual <br />Report. ; Those are: <br />• To approve the attached SHIP Annual Report and authorize the Chairman to sign the <br />attached Certification Forms, allowing staff to submit the report to the Florida Housing <br />Finance Corporation. <br />• Not to approve the attached SHIP Annual Report. <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 report <br />and authorize the Chairman to sign the attached two Certification forms. <br />Attachments: <br />1 <br />1. SHIP Funds and Applicant Information Summary <br />2. SHIP Annual Report for FY 2013-2014 (Closeout Report) <br />3. Annual Report Certification Form <br />4. Certification for Regulatory Reform Implementation <br />Indian River Co. <br />Approved <br />Date <br />Admin. <br />/ 017/js <br />Legal <br />J -0 <br />10-7--0' <br />Budget <br />/OASDept. <br />I <br />►c/0//S <br />Risk Mgr. <br />Approved Agenda Item: <br />F:\Community Development\SHIP\Annual Reports\2015 2nd AR for FY 13-14\BCC Staff Report IRC SHIP 2015 <br />Annual Reportor FY 13-14.doc <br />3 <br />30 <br />