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• activity bonds by an appiicat�le elected repre�entativc or gp�tital unit followma a public hearing and the Board of County Commissioners a( Indian Rwer County. Florida (the ' Board'1. constitutes an applicable elected reprtsentatfte or $pveemmental unit: and WHEREAS, pursuant to Section 147M of the Code a public hearing( was scheduled before the bard for ilor o i, 'r `) . 199 `), and notice of such hearing was, given in the form required by the Code by publication more than 14 days prior to Such hearing: and WHEREAS, the Board has on D e c: e r i b e r 5 199'- , held the public hearing and provided at such hearing reasonable opportunity for all interested individuaLS to express their vIm-s, both orally and in writing. on the issuance of the Bonds: and W'HERF.AS, the Board diligently and conscientiously considered all comments and concerns expressed by such individuals: and WHEREAS, the Board desires to empress its approval of the action to be taken pursuant to the Escambia Resolution and as required by Section 147(n of the Cocle: NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA: Section 1. Because of the continuing shor'age of affordable single family housing and capital for investment therein in Indian River County and the continuing impediments to a bond issue to alleviate such shortages as to single family housing. it is hereby determined that the Board of County Commissioners of Indian River County consents to the Authority exercising its powers to issue the Bonds Arid to implement a program from a portion of the proceeds of the Bonds to finance single family housing within the stahulory boundaries of Indian River County, provided, that the Authority and. Indian River County bust enter into a written agreement setting forth the powers. duties and limitation_ti of the Authority as they pertain to the use of said bond proceeds within Indian River County and payment of the issuance costs for such Bonds. Section 2. In furtherance of the purposes set forth in Section I hereof the Chairman or Vice-Chairnian and Clerk or Deputy Clerk of the Board of County Commissioners of Indian River County are hereby authortied to execute such consents. Intergovernmental agreements, applicaUons or other documents as shag be required to Implement such sirtivje family housing program and to provide for puri of Indian River county's proportionate shore of costs of hOuaner ol suet Bonds, all as shall for approved by courLsei to IndLita t;twr County. seetton A. The Interiocal Amt. in substangfift the form anachrd hwrlrto ** t i=ibit "A"_ mod made a Qat haat ih@nM= hHhAP fm` CmWIF and thr A4 dA lty Is hctc2tr Thr aSms if h1dftP WwW teunzY ww- h"riwY audunized to eritri into the Intesiocftl AiiOMMOU ad berttalt Of bubw F4"'j C Lmniy. with such dtanom not bwonswou herewith a• tide adkNM OwcuUM Sww Mf approve, suds aaautlan and ddP ry to be oandtawe 4w%knC6 d aunt appromL ebe approprsatt ems of OWMM lbtiwr Omwo am bwvby hadwr to ®cur WW ddlrr SM& Whw daottrrrtta and tr wwumsaiits a =W be sworn ry to tl■�irrt! aw til todassl NOWL usbeut tla>ideNN& fir r tin mora e 0� stirs affwun rr ptruart r ckww tit !bt N. (hating A4flnta, tier dw p Pwa M ttws IN die bewb al A/600ar K M. — 13, ,. t .b- . Rise; 4" O r O O N