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RESOLUTION NO 94- 44 A RESOLUTION OF THE INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS APPROVING THE INDIAN RIVER COUNTY AFFORDABLE HOUSING INCENTIVE PLAN; WHEREAS, The County, on April 6, 1993, adopted ordinance 93-13 establishing the county's Local Housing Assistance Program, pursuant to section 420.907, Florida Statues and Rule 91-37, F.A.C.; and WHEREAS, pursuant to Section 420.9076, F.S., each county participating in the State Housing Initiative program must adopt an Affordable Housing Incentive Plan within 12 months after the date of adoption of its Local Housing Assistance Program establishment ordinance; and WHEREAS, the Indian River County Affordable Housing Advisory Committee held a public hearing pursuant to the requirements of Section 420.9076(5), F.S., on January 13, 1994 and continued the public hearing to a time certain date on February 10, 1994; and WHEREAS, the Affordable Housing Advisory Committee reviewed all proposed incentives and made a positive recommendation for adoption of the Indian River County Affordable Housing Incentive Plan; and WHEREAS, the Board of County Commissioners, within 90 days after the date of receipt of the recommendation on the Affordable Housing Incentive Plan from the Affordable Housing Advisory Committee on the Affordable Housing Incentive Plan, must adopt the Affordable Housing Incentive Plan; NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Indian River County, Florida THAT: Section 1. The above recitals are ratified in their entirety. Section 2. The attached Indian River County Affordable Housing Incentive Plan is hereby approved by the Board of County Commissioners. Section 3. The Board of County Commissioners directs staff to submit a copy of the Indian River County Affordable Housing Incentive Plan, a copy of the Affordable Housing Advisory Committee