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ON MOTION by Commissioner Davis, SECONDED by <br />Commissioner Flescher, the Board unanimously approved <br />Resolution 2011-073, authorizing the Escambia County <br />Housing Finance Authority to operate within the <br />boundaries of Indian River County, Florida, and approving <br />a plan to finance qualifying single family mortgage loans <br />on behalf of Indian River County, Florida; authorizing the <br />Board to enter into agreements with the Escambia County <br />Housing Finance Authority and to execute and deliver <br />certain documents and instruments in connection <br />therewith; approving a form of Interlocal Agreement; <br />approving the issuance by the Escambia County Housing <br />Finance Authority of not exceeding $150,000,000 single <br />family mortgage revenue bonds on behalf of Indian River <br />County, pursuant to Section 147(f) of the Internal Revenue <br />Code of 1986, as amended; providing that such bonds <br />constitute limited, special obligations; and providing an <br />effective date. <br />AGREEMENT ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />IO.B. PUBLICDISCUSSIONITEMS -NONE <br />September 13, 2011 16 <br />