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authorizing the Board to enter into Agreements with <br />the Escambia County Housing Finance Authority <br />and to execute and deliver certain documents and <br />instruments in connection therewith; approving a <br />form of Interlocal Agreement; approving the <br />issuance by the Escambia County Housing Finance <br />Authority of not exceeding $100,000,000 single <br />family mortgage revenue bonds, Series 1999 (Multi - <br />County Program), pursuant to Section 147(f) of the <br />Internal Revenue Code of 1986, as amended; <br />providing that such bonds constitute limited, special <br />obligations; and providing an effective date; all <br />pending the final public hearing on December 30, <br />1998. <br />AGREEMENT IS ON FILE IN THE OFFICE <br />OF THE CLERK TO THE BOARD <br />RESOLUTION NO. 98- 13 9 <br />A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY. FLORIDA. <br />AUTHORIZING THE ESCAMHIA COUNTY HOUSING FINANCE <br />AUTHORITY TO OPERATE WITHIN THE BOUNDARIES OF <br />INDIAN RIVER COUNTY, TO FINANCE QUALIFYING SINGLE <br />FAMILY MORTGAGE LOANS ON BEHALF OF INDIAN RIVER <br />COUNTY; AUTHORIZING THE BOARD TO ENTER INTO <br />AGREEMENTS WITH THE ESCAMBIA COUNTY HOUSING <br />FINANCE AUTHORITY AND TO EXECUTE AND DELIVER <br />CERTAIN DOCUMENTS AND INSTRUMENTS IN CONNECTION <br />THEREWITH; APPROVING A FORM OF INTERLOCAL <br />AGREEMENT; APPROVING THE ISSUANCE BY THE <br />ESCAMBIA COUNTY HOUSING FINANCE AUTHORITY OF NOT <br />EXCEEDING $100.000.000 SINGLE FAMILY MORTGAGE <br />REVENUE BONDS, SERIES 1999 (MULTI -COUNTY <br />PROGRAM), PURSUANT TO SECTION 147(1) OF THE <br />INTERNAL REVENUE CODE OF 1986, AS AMENDED; <br />PROVIDING THAT SUCH BONDS CONSTITUTE LIMI=D. <br />SPECIAL OBLIGATIONS; AND PROVIDING AN EFFECTIVE <br />DATE. <br />WHEREAS, Chapter 159, Part IV, Florida Statutes. (the "Act") authorized <br />counties to create housing finance authorities to exercise powers of the Act within <br />their boundaries or outside their boundaries with the consent of the governing body of <br />the territory outside their area. of operation; and <br />WHEREAS, the Board of County Commissioners of Escambia County. Florida. <br />(the "Escambia Board") on May 29, 1980, adopted Ordinance No. 80-12, by which it <br />created the Escambia County Housing Finance Authority (the "Authority") and <br />authorized the Authority to exercise all powers under the Act: and <br />DECEMBER 15, 1998 <br />0 -46- 0 <br />