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b3 <br />RESOLUTION NO 94- 162 <br />A RESOLUTION OF THE INDIAN RIVER COUNTY BOARD OF COUNTY <br />COMMISSIONERS APPROVING THE REVISED INDIAN RIVER COUNTY <br />AFFORDABLE HOUSING INCENTIVE PLAN; <br />WHEREAS, The County, on April 6, 1993, adopted ordinance 93-13 <br />establishing the county's Local Housing Assistance Program, <br />pursuant to section 420.907, Florida Statutes and Rule 9I-37, <br />F.A.C.; and <br />WHEREAS, pursuant to Section 420.9076, F.S., each county <br />participating in the State Housing Initiative program must adopt an <br />Affordable Housing Incentive Plan within 12 months after the date <br />of adoption of its Local Housing Assistance Program establishment <br />ordinance; and <br />WHEREAS, the Indian River County Affordable Housing Advisory <br />Committee held a public hearing pursuant to the requirements of <br />Section 420.9076(5), F.S., on January 13, 1994, and continued the <br />public hearing to a time certain date on February 10, 1994; and <br />WHEREAS, the Affordable Housing Advisory Committee reviewed <br />all proposed incentives and made a positive recommendation for <br />adoption of the Indian River County Affordable Housing Incentive <br />Plan; and <br />WHEREAS, the Board of County Commissioners, within 90 days <br />after the date of receipt of the recommendation on the Affordable <br />Housing Incentive Plan from the Affordable Housing Advisory <br />Committee on the Affordable Housing Incentive .Plan, adopted the <br />Affordable Housing Incentive Plan; and <br />WHEREAS, the county transmitted a copy of the approved <br />Affordable Housing Incentive Plan to the Florida Housing Finance <br />Agency for.their review; and <br />WHEREAS, the county received a copy of the Florida Housing <br />Finance Agency's SHIP review committee findings regarding the <br />county Affordable Housing Plan on November 3, 1994; and <br />WHEREAS, the county has 60 days from receipt of the Florida <br />Housing Finance Agency's report to make appropriate changes to its <br />Affordable Housing Incentive Plan; and <br />WHEREAS, the county has revised the Indian River County <br />Affordable Housing Incentive Plan to address the Florida Housing <br />T <br />December 13, 1994 <br />