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Item G11 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: September 18, 2013 Division: Growth Mann eg ment Bulk Item: Yes x No Department: Planning & Environmental Resources Staff Contact Person/Phone#: Christine Hurley— 289-2500 Joseph Haberman— 289-2532 AGENDA ITEM WORDING: Approval of a resolution reserving fifty (50) affordable housing allocations for a proposed project at 2 North Blackwater Lane,Key Largo(approximate mile marker 105),having real estate number 00084260.000100. ITEM BACKGROUND: Gorman & Company, Inc. (Gorman) is requesting a reservation of 50 affordable housing allocations pursuant to Monroe County Code Section 138-24(b)(2). Gorman is proposing to develop the site in Key Largo (located behind the Winn Dixie store at mile marker 105) with 50 affordable housing units. The affordable housing units would be approved as institutional residential housing and serve as residences for qualifying senior citizens. The development shall require a minor conditional use permit in accordance with Section 110-69 and approval by the Planning Commission as a 20+affordable housing project in accordance with Section 130-161(6)h. Gorman utilizes Low Income Housing Tax Credits (LIHTC) to develop and manage affordable housing projects throughout the United States and currently has two approved projects located in the Florida Keys. Gorman was selected by Monroe County to develop the `Bluewater" property in Tavernier (approximate mile marker 92) with 36 affordable housing units. The `Bluewater" project was completed in 2011. Gorman is currently in the process of developing the "Wet Net"property in Islamorada(approximate mile marker 81)with 36 affordable housing units. The resolution states that the allocations must be used and building permits pulled by July 31,2014. PREVIOUS RELEVANT BOCC ACTION: N/A CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Staff recommends approval(with the condition that the applicant receives all necessary approvals) TOTAL COST: INDIRECT COST: BUDGETED: Yes No DIFFERENTIAL OF LOCAL PREFERENCE: COST TO COUNTY: SOURCE OF FUNDS: REVENUE PRODUCING: Yes No AMOUNT PER MONTH Year APPROVED BY: County Atttyy' OMB/Purchasing Risk Management DOCUMENTATION: Included Not Required DISPOSITION: AGENDA ITEM# BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: September 18, 2013 Division: Growth Management Bulk Item: Yes x No Department: Planning&Environmental Resources Staff Contact Person/Phone#: Christine Hurley— 289-2500 Joseph Haberman— 289-2532 AGENDA ITEM WORDING: Approval of a resolution reserving fifty(50) affordable housing allocations for a proposed project at 2 North Blackwater Lane,Key Largo(approximate mile marker 105),having real estate number 00084260.000100. ITEM BACKGROUND: Gorman & Company, Inc. (Gorman) is requesting a reservation of 50 affordable housing allocations pursuant to Monroe County Code Section 138-24(b)(2). Gorman is proposing to develop the site in Key Largo (located behind the Winn Dixie store at mile marker 105) with 50 affordable housing units.The affordable housing units would be approved as institutional residential housing and serve as residences for qualifying senior citizens. The development shall require a minor conditional use permit in accordance with Section 110-69 and approval by the Planning Commission as a 20+affordable housing project in accordance with Section 130-161(6)h. Gorman utilizes Low Income Housing Tax Credits (LIHTC) to develop and manage affordable housing projects throughout the United States and currently has two approved projects located in the Florida Keys. Gorman was selected by Monroe County to develop the `Bluewater" property in Tavernier (approximate mile marker 92) with 36 affordable housing units. The `Bluewater" project was completed in 2011. Gorman is currently in the process of developing the "Wet Net"property in Islamorada(approximate mile marker 81)with 36 affordable housing units. The resolution states that the allocations must be used and building permits pulled by July 31,2014. PREVIOUS RELEVANT 13OCC ACTION: N/A CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Staff recommends approval(with the condition that the applicant receives all necessary approvals) TOTAL COST: INDIRECT COST: BUDGETED: Yes No DIFFERENTIAL OF LOCAL PREFERENCE: COST TO COUNTY: SOURCE OF FUNDS: REVENUE PRODUCING: Yes No AMOUNT PER MONTH Year APPROVED BY: County Atty`iW OMB/Purchasing Risk Management DOCUMENTATION: Included Not Required_ DISPOSITION: AGENDA ITEM# a " RESOLUTION NO. A RESOLUTION BY THE MONROE COUNTY BOARD OF COUNTY COMMISSIONERS RESERVING FIFTY (50) AFFORDABLE HOUSING DWELLING UNIT ALLOCATIONS FOR GORMAN & COMPANY, INC. FOR USE ON PROPERTY LOCATED AT MILE MARKER 105, KEY LARGO, RE # 00084260-000100; SETTING TERMS AND CONDITIONS. WHEREAS, Gorman & Company, Inc. (Gorman) is proposing to develop a site at (RE # 00084260-000100) approximately MM 105 in Key Largo with fifty (50) senior affordable units; and WHEREAS, Gorman has applied for and intends to use low income housing tax credit (LIHTC) financing and other state and federal assistance to finance and construct the project and qualifies for the reservation of fifty (50) affordable housing ROGO allocations as provided in MCC Sec. 138-24(b)(2); and WHEREAS, Monroe County Code Section 138-24(b)(2) authorizes reservations for affordable housing ROGO allocations as follows for: "(2) Specific affordable or employee housing projects participating in a federal/state housing financial assistance or tax credit program or receiving some form of direct financial assistance from the county upon written request from the project sponsor and approved by resolution of the board of county commissioners." and WHEREAS, Monroe County Code Sec. 138-24(b) allows the reservation of affordable ROGO allocations by the Board; however, building permits must be picked up within six months of the reservation, unless otherwise authorized by the Board; and WHEREAS, there currently exists a balance of 262 affordable housing allocations (168 allocations very low, low, & median category and 94 allocations moderate category) at the conclusion of Quarter 2 Year 21; and WHEREAS, the reservation of affordable housing allocations for the anticipated project does not exempt the project from applicable requirements in the Monroe County Land Development Code, and other regulatory requirements; and WHEREAS, final approval of the request for 50 affordable housing allocations is contingent on the approval of a Minor Conditional Use application and approval of a resolution by the Planning Commission of an affordable housing project with 20 or more units at the proposed site, pursuant to Section 130-161, Monroe County Code; and WHEREAS, the reservation of these allocations for a period of greater than six months is necessary to correspond to the financing requirments for the federal/state financial assistance program utilized by Gorman; NOW, THEREFORE, BE IT RESOLVED BY THE MONROE COUNTY BOARD OF COUNTY COMMISSIONERS: Section 1. Fifty (50) affordable housing ROGO allocations in the very low, low, and median category are reserved for the use of Gorman & Company, Inc. and its successors in interest until July 31, 2014. Seciton 2. All building permits associated with the above allocations shall be picked up by July 31, 2014. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting held on the 17th day of September, 2013. Mayor George Neugent Mayor Pro Tern Heather Carruthers Commissioner David Rice Commissioner Sylvia Murphy Commissioner Danny Kolhage BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA BY Mayor George Neugent (SEAL) ATTEST: Amy Heavilin, Clerk Deputy Clerk MO OE COUNTY ATTORNEY PROVED ASj FORM Date: Vic!