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<br /> I
<br /> ESCAMBIA HOUSING MORTGAGE PROGRAM INDUSTRIAL REVENUE BONDS
<br /> TEERA
<br /> The Board reviewed a Memorandum of September 6 , 2001 :
<br /> TO : Members of the Board of County Commissioners
<br /> DATE : September 6 , 2001
<br /> SUBJECT: NOTICE OF PUBLIC HEARING FOR OCTOBER 2 , 2001
<br /> ESCAMBIA HOUSING MORTGAGE PROGRAM
<br /> INDUSTRIAL REVENUE BONDS
<br /> FROM : Joseph A . Baird
<br /> Assistant County Administrator
<br /> DESCRIPTIONS AND CONDITIONS :
<br /> Please be advised that the following public hearing has been scheduled for Board consideration
<br /> at its October 2 , 2001 meeting .
<br /> 1 . TEFRA (Tax Equity Fiscal Responsibility Act) public hearing on Escambia Housing
<br /> Authority.
<br /> A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY,
<br /> FLORIDA, AUTHORIZING THE ESCAMBIA COUNTY HOUSING FINANCE AUTHORITY TO
<br /> OPERATE WITHIN THE BOUNDARIES OF INDIAN RIVER COUNTY, TO FINANCE
<br /> QUALIFYING SINGLE FAMILY MORTGAGE LOANS ON BEHALF OF INDIAN RIVER
<br /> COUNTY; AUTHORIZING THE BOARD TO ENTER INTO AGREEMENTS WITH THE
<br /> ESCAMBIA COUNTY HOUSING FINANCE AUTHORITY AND TO EXECUTE AND DELIVER
<br /> CERTAIN DOCUMENTS AND INSTRUMENTS IN CONNECTION THEREWITH; APPROVING A
<br /> FORM OF INTERLOCAL AGREEMENT; APPROVING THE ISSUANCE BY THE ESCAMBIA
<br /> COUNTY HOUSING FINANCE AUTHORITY OF NOT EXCEEDING $ 150,000,000 SINGLE
<br /> FAMILY MORTGAGE REVENUE BONDS , SERIES 2002 (MULTI-COUNTY PROGRAM),
<br /> PURSUANT TO SECTION 1470 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED ;
<br /> PROVIDING THAT SUCH BONDS CONSTITUTE LIMITED , SPECIAL OBLIGATIONS ; AND
<br /> PROVIDING AN EFFECTIVE DATE .
<br /> RECOMMENDATION
<br /> The above referenced public hearing date is provided for the Board ' s information. No action by
<br /> the Board of County Commissioners is necessary at this time.
<br /> SEPTEMBER 18 , 2001
<br /> D x 1 PG
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