Item D30
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date: June 21. 2006
Division: County Attomey/Housing &
Community Development
Department:
Bulk Item: Yes ---K- No
Staff Contact Person: Jerry Sanders/Reggie Paros
AGENDA ITEM WORDING:
A resolutIOn adopting Monroe County lntenm Affordable Housing Property Acquisition Appraisal
Policies for property offered to the County for purchase for lease back to applicants for subsequent
development of onsite affordable housing.
ITEM BACKGROUND:
In the ongoing process of the County's efforts to acquire property for lease back to developers of long-
term affordable housing, the County's staff and workforce housing consultants deemed it prudent to
develop guidelines for obtaining accurate valuations of property that might be offered to the County for
purchase. Moreover, by adopting these policies, it was felt that the public would be presented with an
entry point mechanism by which interested parties might in an orderly fashion bring to the County staff
and consultant's attention opportunities for possible acquisition.
PREVIOUS RELEVANT BOCC ACTION:
NfA
CONTRACT/AGRFE~lFNT CHANGES: '\'/A
STAFF RECO\E\IE~D\TIONS:'''ppnl\al
TOTAL COST:
NfA
BUDGETED: Yes -_
No
COST TO COUNTY:
NfA
SOURCE OF FUNDS:
REVENUE PRODUCING: Yes
No
AMOUNT PER MONTH_ Year
DIVISION DIRECTOR APPROVAL:
O:\IBP:ur,ch,lsing NfA
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//l:1ll1es R_ "Reggie" P3m<;
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Risk :\-lilllagcment N/ A
APPROVED BY: County Atty YES
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DOCUMENTATION:
TnClllded/~_ Not Required
DISPOSITION:
AGENDA ITEM #
RESOLUTION NO.
A RESOLUTION OF THE BOARD OF COUNTY
COMMISSIONERS OF MONROE COUNTY, FLORIDA,
ADOPTING INTERIM AFFORDABLE HOUSING
PROPERTY ACQUISmON APPRAISAL POLICIES.
-2006
WHEREAS, the Board of County Commissioners recently initiated negotiations with
certain property owners and issued requests for proposals from the public for the acquisition of
real property for County purchase and subsequent lease to affordable housing developers for
creation or preservation of affordable and employee housing; and
WHEREAS, the County expects this initiative aimed at securing long-term affordable
housing opportunities in the Florida Keys to continue while the County revises its affordable
housing land development regulations and further develops its affordable housing strategies; and
WHEREAS, guidance in the form of interim policies regarding appraising the value of
potential acquisition parcels is in the public interest and will assist staff in evaluating and
finalizing acquisitions; now therefore,
BE IT RESOLVED by the Board of County Commissioners of Monroe County, Florida,
that:
Section 1: The Board hereby adopts the attached Monroe County Interim Affordable
Housing Property Acquisition Appraisal Policies and directs the County Administrator to instruct
staff to use these policies as a guideline in evaluating and finalizing affordable housing property
acquisitions.
PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County,
Florida at a regular meeting of said Board on the 21 It day of June, A.D" 2006.
Mayor Charles "Sonny" McCoy
Mayor Pro Tem Dixie M. Spehar
Commissioner George Neugent
Commissioner Glenn Patton
Commissioner David Rice
(SEAL)
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
ATTEST: Danny L. Kolhage, CLERK
By:
Deputy Clerk
By:
Mayor Charles "Sonny" McCoy
SkyMtry Over the El'erglode8 Resolution Neugent 9.21.05 (KP 9.7,05)
Monroe County Interim Affordable Housing
Property Acquisition Appraisal Policies
County staff shall use the following appraisal policies to guide in potential County purchases
of real property for lease back to sellers (or to other parties) for use as affordable housing:
1. A property owner or proposed developer (an "Applicant") must contact the office
of the Director of the County's Division of Housing & Community Development
in Marathon (305-289-6002) to (i) supply details of the property concerned, (ii) to
request the required two appraisals, and (iii) to obtain directions on how to prepay
the estimated costs for the County to contract for the appraisals.
2. The Applicant shall prepay the estimated cost to the County for the appraisals.
These costs are non-refundable, except for any portion of the estimated amount
paid but not actually used. If the appraisals cost more than estimated, the
Applicant must promptly pay the difference upon the County's request.
3. The Monroe County Comprehensive Plan Land Authority will order the
appraisals once the County receives payment for their estimated cost.
4. The Land Authority will order appraisals based upon a proposed use of the
property for affordable housing. The appraisals shall be certified to "Monroe
County and its departments and agencies".
5. The Land Authority will transmit copies of the appraisal reports to the Division of
Housing & Community Development. The Division will provide the Applicant
copies of the reports.
6. The County may have the results of the appraisals reviewed by advisors or
consultants, without limitation, within its complete discretion.
7. The County may chose not to enter into negotiations or to terminate negotiations
at any time in its complete discretion. The County may elect to enter into
negotiations with an Applicant before receipt of the appraisal reports.
8. These policies shall not be construed to abrogate or to inhibit implementation of
prior BOCC directions with respect to parties already in significant negotiations
with the County before the adoption of these policies. Nor shall they be construed
to preclude retroactive application of these policies to one or more proposed
acquisitions on a case by case basis.