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Resolution 212-2017RESOLUTION NO. 212 -2017 A RESOLUTION BY THE MONROE COUNTY BOARD OF COUNTY COMMISSIONERS APPROVING THE RESERVATION OF ONE HUNDRED AND FOUR (104) AFFORDABLE HOUSING DWELLING UNIT ALLOCATIONS CONSISTING OF ONE (1) VERY LOW INCOME, FIFTY -ONE (51) LOW INCOME, TWENTY (20) MEDIAN INCOME AND THIRTY -TWO (32) MODERATE INCOME ALLOCATIONS, FOR A PROPOSED AFFORDABLE DWELLING UNIT DEVELOPMENT BY QUARRY PARTNERS, LLC, AT PROPERTY LOCATED AT APPROXIMATE MILE MARKER 9, DESCRIBED AS A PARCEL OF LAND IN SECTION 21, TOWNSHIP 67 SOUTH, RANGE 26 EAST, BIG COPPITT KEY, MONROE COUNTY, FLORIDA, HAVING REAL ESTATE NUMBERS 00120940 - 000100, 00120940 - 000201, AND 00120940 - 000302, UNTIL JULY 1, 2018. WHEREAS, the State of Florida and all local governments in the Florida Keys (each subject to Area of Critical State Concern mandates relating to housing affordability) recognize the need for affordable housing throughout the state and particularly in the Florida Keys where developable land for housing is extremely limited and expensive; and WHEREAS, the challenge of providing affordable housing opportunities in the Florida Keys is one requiring sensible and responsive use of residential unit allocations, including implementation of long -term preservation mechanisms; and WHEREAS, due consideration should be given to relevant factors such as the capacity for allocation recipients to promptly transform allocation awards /reservations into finished and occupied affordable housing units; and WHEREAS, the developers have legitimate needs for some assurance that allocations are in fact and will remain available and/or justified for a reasonable time so that follow- through on initial commitments will in fact be justified; and WHEREAS, in accordance with Section 138- 24(b)(2) of the Monroe County Land Development Code allows the BOCC to authorize reservations for "specific affordable or employee housing projects participating in a federal /state housing financial assistance or tax credit program or receiving some form of direct financial assistance from the county upon written request from the project sponsor and approved by resolution of the board of county commissioners," and WHEREAS, the BOCC, on February 10, 2016, adopted Ordinance 003 -2016 amending the Monroe County Future Land Use Map from Industrial (1) to Commercial (COMM) for property located at approximate mile marker 9, described as four parcels of land in Section 21, Township 67 South, Range 26 East, Rockland Key, Monroe County Florida, having Real Estate Numbers 00122080.000000, 00122081.000200, 00122010.000000 and 00121990.000000; and from Mixed Use /Commercial Fishing (MCF) and Industrial (1) to Mixed Use /Commercial (MC); creating Policy 107.1.6 Big Coppitt Mixed Use Area 1, to provide limitations on development and specific restrictions; for property located at I approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, having Real Estate Number 00120940.000100; as proposed by Rockland Operations, LLC and Rockland Commercial Center, Inc.; and WHEREAS, the BOCC, on February 10, 2016, adopted Ordinance 004 -2016 amending the Monroe County Land Use District (Zoning) Map from Industrial (I) and Commercial Fishing Area (CFA) to Mixed Use (MU) for property located at approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, having Real Estate Number 00120940.000100, and from Industrial (I) to Commercial 2 (C2) for property located at approximate mile marker 9, described as four parcels of land in Section 21, Township 67 South, Range 26 East, Rockland Key, Monroe County Florida, having Real Estate Numbers 00122080.000000, 00122081.000200, 00122010.000000 and 00121990.000000; as proposed by Rockland Operations, LLC and Rockland Commercial Center, Inc.; and WHEREAS, Rockland Operations noticed Monroe County of its intent to apply to the Florida Housing Finance Corporation ( "FHFC ") for Low Income Housing Tax Credit ( "LIHTC ") financial assistance to offset the costs of 96 of its proposed 208 unit development ( "Project "); and WHEREAS, as part of the LIHTC application, FHFC requires the applicant to have obtained the necessary ROGOs and for Monroe County to execute a verification that verifies that the applicant has obtained the necessary ROGOs; and WHEREAS, Rockland Operations requested Monroe County reserve for a period of one (1) year Ninety -Six (96) ROGO allocations consisting of Forty -Four (44) Low, Twenty (20) Medium and Thirty - Two (32) Moderate Income affordable ROGO allocations for development of the units proposed as part of the LIHTC application and as part of its Two Hundred Eight (208) dwelling unit proposed development; and WHEREAS, on December 14, 2016, the BOCC adopted Resolution 323 -2016 reserving ninety- six (96) affordable housing ROGO allocations consisting of Forty -Four (44) Low income (60 %), Twenty (20) Medium income (100 %) and Thirty -Two (32) Moderate Income (120 %) affordable ROGO allocations for a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, Having Real Estate Number 00120940- 000100 until December 15, 2017; and WHEREAS, Resolution 323 -2016 included a provision that the affordable housing units developed with the Forty -Four (44) Low income ROGO allocations reserved by the resolution shall have rent rates limited to 60% median income; and WHEREAS, the project obtained Low Income Tax Credit Housing ( LIHTC) assistance for the development of the 96 units; and WHEREAS, the ownership of the parcels has changed to the Quarry Partners, LLC; and WHERES, the property has the real estate numbers 00120940.000100, 00120940.000201, and 00120940.000302; and WHEREAS, Quarry Partners has submitted a revised reservation request, adding eight (8) additional allocations to the previously reserved 96 allocations and extending the timeframe to July 1, 2 2018; and WHEREAS, Quarry Partners has requested that Monroe County reserve 104 ROGO allocations consisting of One (1) Very Low, Fifty -One (5 1) Low, Twenty (20) Medium and Thirty -Two (32) Moderate Income affordable ROGO allocations [1 +51 +20 +32 =104] for the development of units proposed as part of an additional LIHTC application and State Apartment Incentive Loan program (SAIL) financing as part of its Two Hundred Eight (208) dwelling unit proposed development; and WHEREAS, Monroe County Code Sec. 138 -24(b) allows reservation of affordable ROGO allocations by the Board for specific housing programs, which includes FHFC LIHTC and SAIL; and WHEREAS, the reservation of affordable housing allocations for the anticipated Project does not exempt the project from applicable requirements in the Monroe County Comprehensive Plan (including the requirement for a development agreement), Land Development Code, Building Code, and other regulatory requirements; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA: Section 1: 104 total ROGO allocations consisting of One (1) Very Low, Fifty -One (5 1) Low, Twenty (20) Medium and Thirty -Two (32) Moderate Income [1 +51 +20 +32 =104] affordable ROGO allocations are reserved for parcels of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, Having Real Estate Numbers 00 120940.000100, 00120940.00020 1, and 00120940.000302 until July 1, 2018. Section 2: The affordable housing units developed with the Fifty -one (51) Low income ROGO allocations reserved by this resolution shall have rent rates limited to 60% median income. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida at a special meeting of the Board held on the 27thday of September 2017. Mayor George Neugent Yes Mayor Pro Tern David Rice 0 Commissioner Danny Kolhage Yes v Yes LA- W � vw X z Q 0% c:� o CV Y C) CL t � w o ne UJ __J r ... z c co Mayor George Neugent Yes Mayor Pro Tern David Rice Yes Commissioner Danny Kolhage Yes Commissioner Sylvia Murphy Yes Commissioner Heather Carruthers Yes BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, R C)RTT)A ST: K s WDOK, CLERK BY Z. Mayor George Neugent MONROE COUNTY ATTORNEY A 'P AS I' ORM: ASSISTANT Ii UN ATTORNEY Date [