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10/17/2012 DeedDANNY L. KOLHA GE CLERK OF THE CIRCUIT COURT DATE: November 5, 2012 TO: Christine Hurley, Director Grou-1h Management Division ATTN.• Mayra Tezcmos ECecuth Assistant 1 _ FROM: Isabel C. DeSantis, D. C. At the October 17, 2012 Board of County Commissioner's meeting, the Board approved the following: Item H4 Fourth Amendment to the Ground Lease Agreement between Monroe County and Islander Village, LLC extending the completion date of all units from June 14, 2013 to December 7, 2015 to be consistent with the extension of its Major Conditional Use Permit. Item H8 Affordable Housing Deed Restriction recorded in the Monroe County Public Records on July 27, 2005 at OR Book 2136 at Page 1651 and authorization for the mayor to execute the Release of Deed Restriction for Affordable Housing. Enclosed are originals of the above - mentioned for your handling. Should you have any questions, please feel free to contact our office. cc: County Attorney Finance � File BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: October 17, 2012 Division: Growth Management Bulk Item: Yes _X No Department: Planning _& Environmental Resource Staff Contact Person: Tiffany Stankiewicz ext 2513 AGENDA ITEM WORDING: Approval of the removal of an Affordable Housing Deed Restriction recorded in the Monroe County Public Records on July 27, 2005 at OR Book 2136 at Page 1651 and authorization for the mayor to execute the Release of Deed Restriction for Affordable Housing ITEM BACKGROUND: On January 26, 2005, the Planning Commission approved an allocation award for Aaron L. Arnold for building permit application #04100234 provided the applicant's Affordable Housing Deed Restriction was approved by the Growth Management Division Director. The Affordable Housing Deed Restriction was recorded in the Monroe County Public Records on July 27, 2005 prior to the permit being issued on August 31, 2005. Subsequently, on March 30, 2007 the applicant withdrew and rescinded his affordable housing allocation. Aaron L. Arnold applied for a market rate allocation July 27, 2007, for building permit application 04100234. On March 9, 2011 the Planning Commission approved a market rate allocation for ROGO/building permit application 04100234. The permit was issued June 3, 2011 and subsequently placed on hold because of the FEMA Injunction. In order to sell the property with clear title, the current property owner uivD w4 wKl wants a Release of the 'Affordable Housing Restriction recorded in the Monroe County Official Records File # 1531209, Book #2136, Page #1651 -1652 since the affordable housing allocation was withdrawn (rescinded). PREVIOUS RELEVANT BOCC ACTION: On June 23, 1992, the BOCC adopted Ordinance No. 016 - 1992,(original ROGO ordinance) and on March 15, 2006 adopted Ordinance #1009 -2006 (Revised Residential Rate of Growth — Tier Ordinance). CONTRACT /AGREEMENT CHANGES: N /A. STAFF RECOMMENDATION: Approval TOTAL COST: X COST TO COUNTY: N/A BUDGETED: Yes NIA No SOURCE OF FUNDS: N/A REVENUE PRODUCING: Yes N/A No AMOUNT PER MONTH N/A Year N/A APPROVED BY: County Atty X OMB/Purchasing N/A Risk Management N/A DOCUMENTATION: Included X Not Required DISPOSITION• __ AGENDA ITEM # Prepared by and return to: Susan Grimsley Office of the County Attorney 1111 12 Street Suite 408 «� Key West, FL 33040 C I 1 T N V RE# 00172061 - 001200 N RELEASE OF DEED RESTRICTION FOR AFFORDABLE HOUSING Whereas, Aaron L. Arnold filed a deed restriction for affordable housing on July 27, 2005, in OR Book 2136 at Page 1651 in favor of Monroe County, Florida to insure development of affordable housing on the following property: Lot 12, Vacation Harbor, according to the plat thereof recorded at Plat Book 6, Page 47 of the public records of Monroe County, Florida Whereas, the deed restriction was unnecessary; Now, therefore, on this 17th day of October, 2012, Monroe County by and through its Board of County Commissioners hereby releases the above legally described property from the deed restriction recorded in OR Book 2136 at Page 1651 of the Official Records of Monroe County. ATTEST: D NY L. KOLHAGE, CLERK (2 , Deputy Clerk BOARD OF COUNTY COMMISSIONERS MONROE COUNTY Mayor David Rice MONROF COUNTY ATTORNEY ,AP ROVED AS TO FORM ' Date: v c