Item F5LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date:Division:
June 17, 2009 Land Authority
Bulk Item:Contact / Phone #:
Yes No X Mark Rosch / 295-5180
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Agenda Item Wording:
Approval of a resolution authorizing the conveyance of Block 54, Lots 16 and
17, Maloney subdivision (5530 Third Avenue) on Stock Island to the Monroe County Board of County
Commissioners as an affordable housing site.
__________________________________________________________________________________
Item Background:
The proposed resolution imposes affordable housing deed restrictions and
authorizes the Land Authority to convey the property to the BOCC. It is anticipated the BOCC will then
lease the property back to Habitat for Humanity of Key West and Lower Florida Keys, Inc. for
development with affordable housing.
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Advisory Committee Action:
On April 28, 2009 the Committee voted 4/0 to approve this resolution.
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Previous Governing Board Action:
None
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Contract/Agreement Changes:
N/A
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Staff Recommendation:
Approval.
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Total Cost:Indirect Cost:Budgeted:
$ 535.50 $________ Yes X No.
Cost to Land Authority:Source of Funds:
$535.50 Land Authority
(Tourist Impact Tax and State Park Surcharge)
Approved By:
Attorney X County Land Steward .
Documentation:
Included: X To Follow: Not Required: .
Disposition:
Agenda Item ____
Conveyance to BOCC
06/17/09
PurchaseTitleAttorneyRecordingTotal
PropertyPriceSurveyInsuranceFeeFeeCosts
Maloney Subdivision$0.00N/AN/A$500.00$35.50$535.50
Block 54, Lots 16 & 17
Seller: Habitat for Humanity
of Key West & Lower
Florida Keys, Inc.
RESOLUTION NO. ______
A RESOLUTION OF THE MONROE COUNTY
COMPREHENSIVE PLAN LAND AUTHORITY AUTHORIZING
THE CONVEYANCE OF BLOCK 54, LOTS 16 AND 17,
MALONEY SUBDIVISION ON STOCK ISLAND TO THE
MONROE COUNTY BOARD OF COUNTY COMMISSIONERS
FOR AFFORDABLE HOUSING.
______________________________________________
WHEREAS, section 380.0666(3), Florida Statutes and section 9.3-2, Monroe County Code
empower the Monroe County Comprehensive Plan Land Authority (hereinafter “Land Authority”)
to acquire and dispose of interests in real property in order to provide affordable housing; and
WHEREAS, the Land Authority has entered into a contract to acquire Block 54, Lots 16 and 17,
Maloney subdivision at 5530 Third Avenue on Stock Island (hereinafter “subject property”) as an
affordable housing site in partnership with Habitat for Humanity of Key West and Lower Florida
Keys, Inc. (hereinafter “Habitat for Humanity”); and
WHEREAS, the subject property is also identified by RE # 126970-000000; and
WHEREAS, Habitat for Humanity proposes to manage and renovate the site as affordable
rental housing; and
WHEREAS, the Monroe County Board of County Commissioners desires to provide necessary
housing while protecting long-term affordability; and
WHEREAS, the Land Authority Advisory Committee considered the proposed conveyance to
the Monroe County Board of County Commissioners at a meeting held on April 28, 2009 and
voted 4/0 to recommend approval; NOW, THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY,
THAT:
The Chairman of the Land Authority Governing Board is hereby authorized to sign a deed
conveying the subject property to the Monroe County Board of County Commissioners. Said
deed shall restrict future use of the property as specified in Exhibit A.
PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority at a
regular meeting on this 17th day of June, 2009.
(Seal)
ATTEST: MONROE COUNTY COMPREHENSIVE
PLAN LAND AUTHORITY
________________________ ________________________
Mark J. Rosch Kim Wigington
Executive Director Chairman
Approved for Legal Sufficiency
________________________
Larry R. Erskine
EXHIBIT A
AFFORDABILITY COVENANTS
1. Term. These affordability covenants are perpetual, run with the land, and are binding on all
present and subsequent owners and mortgagees.
2. Property Use. Use of the property shall be restricted to the provision of affordable housing
as defined in section 380.0666(3), Florida Statutes, as said statute may be amended from
time to time.
3. Monitoring. Grantee is responsible for ensuring compliance with the affordability covenants
contained herein and expressly agrees to furnish, upon Grantor’s request, written
certification thereof.