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APR - 6 1993 BOOK 89 FAGF.253 ORDINANCE NO. 93-13 Assistance Trust Fund will be subject to the requirements of the Indian River County Local Housing Assistance Program and Plan as identified by this Ordinance, and the provisions of Rule 9I-37.007, Florida Administrative Code. C. Expenditures other than for the administration and implementation of the Indian River County Local Housing Assistance Program shall not be made from the Indian River County Local Housing Assistance Trust Fund. Administration expenditures may include, but not be limited to: salaries for persons responsible for the preparation, reporting, and administration for the Indian River County Local Housing Assistance Program; office expenses of persons responsible for conducting the Indian River County Local Housing Assistance Program; production of application and public information materials utilized in conducting the Indian River County Local Housing Assistance Program; travel expenses related to Local Housing Assistance Program activities; and the preparation of studies and collection of data relating to affordable housing needs and demands in the County. D. Amounts on deposit in the Indian River County Local Housing Assistance Trust Fund may be invested as permitted by Federal, State and Local law. All investment earnings shall be retained in the Indian River County Local Housing Assistance Trust Fund and used for the purposes thereof. E. Until utilized for the purposes thereof, monies in the Indian River.County Local Housing Assistance Trust Fund shall be held in trust by the county solely for use pursuant to the Indian River County Local Housing Assistance Program. F. The Indian River County Local Housing Assistance Trust Fund shall be separately stated as a special revenue fund in the county's audited financial statements. Copies of such audited financial statements shall be forwarded to the Florida Housing Finance Agency as soon as available. 56