Item L4
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUM:MARY
Meeting Date: DECEMBER 20. 2006
Division: Monroe County Housing Authority
Bulk Item: Yes X
No
Department: Special Programs Office
AGENDA ITEM WORDING: A RESOLUTION OF THE BOARD OF COUNTY
COMMISSIONERS OF MONROE COUNTY, FLORIDA ADOPTING AN AMENDMENT TO THE
MONROE COUNTY LOCAL HOUSING ASSISTANCE PLAN (LHAP) FOR STATE OF FLORIDA
FISCAL YEARS 2004-2005, 2005-2006,206-2007, APPROVING THE DELETION OF THE
SHARED APPRECIATION PROVISION FOR PROPERTIES UTILIZING AFFORDABLE
HOUSING PERMITS.
ITEM BACKGROUND: The purpose of the proposed amendment is to delete the shared
appreciation provision for properties utilizing affordable housing permits since it duplicates in concept
the appreciation restrictions required for properties utilizing affordable housing permits.
PREVIOUS RELEVANT ROCC ACTION: Approval by Resolution 384-2006 of Amendment 2 to
the Monroe County Local Housing Assistance Plan (LHAP) for State of Florida fiscal years 2004-2005,
2005-2006,2006-2007.
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION:
Approval
TOTAL COST:
$-0-
BUDGETED: Yes
No
COST TO COUNTY:
$-0-
SOURCE OF FUNDS:
N/A
REVENUE PRODUCING: Yes
No _X_ AMOUNT PER: Month
Year
APPROVED BY:
Count /" ~ OMB/Purchasing _ Risk Management_
APPROVED BY:
// "a el Castillo, Sr., Executive Director
.:7 Monroe County Housing Authority
DOCUMENTATION:
Included
To Follow
Not Required
DISPOSITION:
AGENDA ITEM #
RESOLUTION
- 2006
A RESOLUTION OF THE BOARD OF COUNTY COMM.ISSIONERS OF MONROE COUNTY,
FLORIDA APPROVING AN AMENDMENT TO THE MONROE COUNTY LOCAL HOUSING
ASSISTANCE PLAN (LHAP) FOR STATE OF FLORIDA FISCAL YEARS 2004N2005, 2005N2006,
2006N2007 DELETING THE SHARED APPRECIATION PROVISION FOR PROPERTIES
UTILIZING AFFORDABLE HOUSING PERMITS.
WHEREAS, the State Housing Initiatives Partnership (SHlP) Act, SS. 420.907 - 420.9079, Florida Statutes (1992)
and Rule Chapter 67-37, Florida Administrative code, required local governments to develop a Local Housing
Assistance Plan (LHAP) outlining how funds will be used; and,
WHEREAS, the Monroe County's Local Housing Assistance Plan for the State of Florida fiscal years 2004-2005,
2005-2006, 2006-2007 was previously adopted and amended by the Monroe County Board of County
Commissioners and approved by the Florida Housing Finance Corporation; and,
WHEREAS, the Monroe County Housing Authority, Administrator ofthe Monroe County State Housing Initiatives
Partnership (SHlP) Program, is recommending approval of the attached amendment in order to equitably provide for
shared appreciation in the funding of the HOMEBUYER ASSISTANCE STRATEGY, maximizing the public
purpose use of said funds and meet expenditures requirements within F.S. 420.907-420-9079.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Monroe County, Florida,
that the County hereby:
Approves the Amendment to the Monroe County State Housing Initiatives Partnership (SHIP) Program,
Local Housing Assistance Plan (LHAP), Homebuyer Assistance Strategy, attached hereto as "Exhibit A",
deleting the Shared Appreciation Provision for properties utilizing affordable housing permits.
PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County, Florida at a regular
meeting of said Board on the _ day of , A.D., 2006
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
Mayor Di Gennaro
Mayor Pro Tern Spehar
Commissioner McCoy
Commissioner Murphy
Commissioner Nugent
By:
Mayor Mario Di Gennaro
SEAL
ATTEST:
Approved as to legal sufficiency:
MONROE COUNTY ATTORNEY
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