Resolution 400-2015 {
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7 RESOLUTION NO. 400 —2015
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10 A RESOLUTION BY THE MONROE COUNTY BOARD OF
11 COUNTY COMMISSIONERS EXTENDING THE
12 RESERVATION FOR TWENTY-TWO (22) AFFORDABLE
13 HOUSING DWELLING UNIT ALLOCATIONS FOR THE
14 ISLANDER VILLAGE PROJECT LOCATED ON FIFTH
15 AVENUE, MALONEY SUBDIVISION, STOCK ISALND,
16 REAL ESTATE NUMBERS 00123700.000000 AND
17 00127400.00000.
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21 WHEREAS, at its meeting of July 19th, 2006, the Board of County Commissioners
22 (BOCC) approved Resolution 273-2006 reserving eighty-nine (89) affordable housing
23 allocations for the "Islander Village" project located on Fifth Avenue, Maloney Subdivision,
24 Stock Island, RE: #00123700.000000 and 00127400.00000; and
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26 WHEREAS, at its meeting of May 16th, 2007, the Board of County Commissioners
27 (BOCC) approved Resolution 184-2007 reserving eighty-nine (89) affordable housing
28 allocations for"Islander Village"project; and
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30 WHEREAS, Islander Village entered into a 99-year lease with Monroe County on April
31 18, 2007 for property described as a parcel of land on Stock Island, being a part of Block 59,
32 Maloney Subdivision, as recorded in PB 1-55, Real Estate Numbers 00554720.000000 and
33 00554720.000100 for the project; and
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35 WHEREAS, Islander Village commenced development on the 89 employee housing
36 units; and
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38 WHEREAS, Islander Village has received 43 certificates of occupancy out of 89
39 employee housing units with 46 permits expiring; and
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41 WHEREAS, the First Amendment to the Ground Lease was approved June 19, 2009;
42 and
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44 WHEREAS, the Second Amendment to the Ground Lease was approved October 21,
45 2009; and
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1 WHEREAS, the Third Amendment to the Ground Lease was approved June 15, 2011;
2 and
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4 WHEREAS, the Fourth Amendment to the Ground Lease was approved October 17,
5 2012 which provides that he remaining certificates of occupancy will be obtained by December
6 7, 2015; and
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8 WHEREAS, at its meeting of January 16th, 2013, the Board of County Commissioners
9 (BOCC) approved Resolution 018-2013 reserving forty-six (46) affordable housing allocations
10 for"Islander Village" project; and
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12 WHEREAS, Islander Village commenced development on 24 of the remaining 46 units; and
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14 WHEREAS, Islander Village has received certificate occupancies for 14 of the 24 issued
15 permits; and
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17 WHEREAS, Islander Village requested an extension of reservation for 22 affordable
18 housing allocations to complete the project; and
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20 WHEREAS, the Fifth Amendment to the Ground Lease was approved September 16,
21 2015 which provides that the remaining certificates of occupancy will be obtained by December
22 7, 2016; and _
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24 WHEREAS, the reservation of affordable housing allocations for the anticipated project
25 does not exempt the project from applicable requirements for the Monroe County Land
26 Development Regulations, Building Code and other regulatory requirements; and
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28 WHEREAS, Islander Village shall obtain all required approvals from the Monroe
29 County Planning &Environmental Resources Department for the project; and
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31 WHEREAS, 22 allocations are still required to complete the project;
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34 NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
35 COMMISSIONERS OF MONROE COUNTY,FLORIDA:
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38 Section 1. Twenty-two (22) affordable housing allocations are reserved for Islander
39 Village until December 7, 2016, pursuant to Monroe County Code Section 138-24(b)(4).
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41 Section 2. This resolution is retroactive to December 7, 2015.
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1 PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida
2 at a regular meeting held on the 9th day of December, 2015.
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4 Mayor Heather Carruthers Yes
5 Mayor Pro Tern, George Neugent Y e s
6 Commissioner Danny L. Kolhage Yes
7 Commissioner David Rice Yes
8 Commissioner Sylvia Murphy Yes
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10 BOARD OF COUNTY COMMISSIONERS
11 OF MONROE COUNTY, FLORIDA
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13 I ;,7, .....
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15 BY
16 Mayor Heather Carruthers
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, CLERK MONROE COUNTY ATTORNEY
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2 AP VED A ORM:
24 s'+1 E• STEVEN T. WILLIAMS
ASSISTANT COUNTY TTORNEY
25 Date II J/9 /45-
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