Resolution 461-2002
RESOLUTION 461 - 2002
A RESOLUTION APPROVING AN INCREASE IN MONROE
COUNTY'S STATE HOUSING INITIATIVES PARTNERSHIP
(SHIP) PROGRAMS MAXIMUM SALES PRICE LIMITS.
WHEREAS, it is the desire of Monroe County to continue to successfully implement the Monroe
County/SHIP First Time Homebuyers Program assisting low and moderate-income first time
homebuyers in pursuing homeownership opportunities, and;
WHEREAS, the average sales price of existing single family homes far exceeds the current SHIP
maximum sales price limits, and;
WHEREAS, without an increase in the maximum sales price limit Monroe County could not
successfully implement the Monroe County/SHIP First Time Homebuyers Program
WHEREAS, the Florida Legislature has adopted changes to Florida Statutes Chapter 420.9075 (4)(c)
providing a mechanism for local governments to seek an increase in the SHIP Programs maximum sales
price limits, and;
WHEREAS, The Special Programs Office, Monroe County Housing Authority has completed a Local
Government Independent Study required under Florida Statute 420.9075 (4)(c), and;
WHEREAS, The Florida Housing Finance Corporation's SHIP Review Committee has endorsed the
methodology under which the proposed increase in SHIP maximum sales price was established.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Monroe County,
Florida, that the County hereby:
Approves and adopts an increase in Monroe County's State Housing Initiatives Partnership (SHIP)
Programs to $190,000. Said Resolution is incorporated into the State Housing Initiatives Partnership
Program's Local Housing Assistance Plan for Fiscal Years 2001-2002,2002-2003,2003-2004.
PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County, Florida at a
regular meeting on said Board on the 16th day of October , A.D., 2002.
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNT , FLORIDA
Mayor McCoy yes
Mayor Pro Tern Spehar yes
Commissioner Neugent yes
Commissioner Nelson yes
Commissioner Jimenez yes
By:
SEAL
ATTE~c:. &.v)J~
Approved as to form and legal sufficiency:
;~ Date:
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