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Resolution 114-2017RESOLUTION NO. 114 -2017 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, AUTHORIZING STAFF TO DEVELOP AND ISSUE A RELEASE FORM FOR AFFORDABLE HOUSING DEED RESTRICTIONS, IF NEEDED BY PROPERTY OWNERS, IF THE DEED RESTRICTIONS ARE NO LONGER EFFECTIVE DUE TO THE CONCLUSION OF TIME WITHIN THE COVENANT. WHEREAS, the State of Florida and Monroe County recognize the need for affordable housing throughout the state and particularly in the Florida Keys; and WHEREAS, the Monroe County Board of County Commissioners recognizes that the challenge of preserving affordable housing in the Florida Keys and have required restrictive covenants to protect affordable housing for a specified timeframe; and WHEREAS, the timeframe of the restrictive covenants for affordable housing have changed overtime from 20 -years to 30 -years to 50 -years to 99- years; and WHEREAS, the 20 -year restrictive covenants for affordable housing are ending and property owners are requesting a release; and WHEREAS, the Planning & Environmental Resources Department is able to review and confirm the conclusion of the deed restriction; and WHEREAS, the Monroe County wishes to provide the citizens of Monroe County with the best possible service in the most cost effective and reasonable manner by providing a release form after the conclusion of the deed restriction; and WHEREAS, the Monroe County Board of County Commissioners finds that it would be a reasonable use of staff time and resources in addressing these requests with a template release form to be recorded in the public records; and NOW, THEREFORE, BE IT RESOLVED BY THE MONROE COUNTY BOARD OF COUNTY COMMISSIONERS: Section 1 . The foregoing recitals are true and correct and are hereby incorporated as if fully stated herein. Section 2 . Monroe County Senior Director of Planning & Environmental Resources Department, in coordination with the County Attorney's office, is authorized to develop and issue a release form, if needed by property 1 owners, for affordable housing deed restrictions that are no longer effective due to the conclusion of time within the covenant. Section 3. This Resolution shall become effective immediately upon its adoption by the Monroe County Board of County Commissioners. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of the Board held on the 12 day of April, 2017. Mayor George Neugent Yec Mayor Pro Tem David Rice Yes Commissioner Danny L. Kolhage Yes Commissioner Sylvia J. Murphy Yes Commissioner Heather Carruthers Yes BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA Mayor George Neugent MADDOK, CLERK By Deputy Clerk MO ROE�CO�UNTY A RNEY A�..� A C.✓ STEVEN T. WIILL;AMS Date 1STANrC ;4 7 CTTIRNEY T 2 r-1 �y { V `i CX 2