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Item G3+G.3 County of Monroe ���� �, BOARD OF COUNTY COMMISSIONERS Mayor David Rice, District 4 �le FlOY1da. Ke S Mayor Pro Tem Sylvia J. Murphy, District 5 y �P_ �, Danny L. Kolhage, District 1 George Neugent, District 2 �` � � Heather Carruthers, District 3 County Commission Meeting February 21, 2018 Agenda Item Number: G.3 Agenda Item Summary #3918 BULK ITEM: No DEPARTMENT: Land Authority Governing Board TIME APPROXIMATE: STAFF CONTACT: Charles Pattison (305) 295 -5180 9:1 S AM Land Authority AGENDA ITEM WORDING: Approval of a resolution authorizing the release of the affordable housing deed restrictions on Block 1, Lot 5, Harbor Shores on Key Largo in favor of the Monroe County Land Authority upon the execution and recordation of affordable housing restrictions in favor of Monroe County. ITEM BACKGROUND: The subject property is a 7,500 square foot lot on Fisherman's Trail. on the ocean side of Key Largo near mile marker 99. On November 15, 2002 the Land Authority purchased the subject property as an affordable housing site in partnership with Habitat for Humanity of the Upper Keys, Inc. Habitat has now submitted an application for a building permit to develop the property with asingle- family home. Habitat is required to execute a separate set of affordable housing deed restrictions in favor of Monroe County as a condition of receiving a building permit. The Land Authority restrictions will no longer be necessary once the deed restrictions required by the Code are executed and recorded. ADVISORY COMMITTEE ACTION: On January 31, 2018 the Committee voted 4/0 to recommend approval of this resolution. PREVIOUS RELEVANT BOCC ACTION: N/A CONTRACT /AGREEMENT CHANGES: N/A STAFF RECOMMENDATION:: Approval DOCUMENTATION: 1.B1kl,LtSReso1 2.B1k1,Lt5Deed Packet Pg. 3483 G.3 FINANCIAL IMPACT: Effective Date: Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: Grant: County Match: Insurance Required: Additional Details: If yes, amount: REVIEWED BY: Charles Pattison Completed 02/06/2018 5:22 PM Kathy Peters Completed 02/06/2018 6:58 PM Board of County Commissioners Pending 02/21/2018 9:00 AM Packet Pg. 3484 G.3.a RESOLUTION NO. A RESOLUTION OF THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY AUTHORIZING THE RELEASE OF AFFORDABLE HOUSING DEED RESTRICTIONS ENCUMBERING BLOCK 1, LOT 5, HARBOR SHORES IN FAVOR OF THE AUTHORITY UPON THE EXECUTION AND RECORDATION OF AFFORDABLE HOUSING DEED RESTRICTIONS IN FAVOR OF MONROE COUNTY. WHEREAS, the Monroe County Comprehensive Plan Land Authority (hereinafter "Land Authority ") purchased Block 1, Lot 5, Harbor Shores on Key Largo (hereinafter "subject property ") as an affordable housing site on November 15, 2002 in partnership with Habitat for Humanity of the Upper Keys, Inc.; and WHEREAS, on November 26, 2002 the Land Authority transferred title of the subject property to Habitat for Humanity of the Upper Keys, Inc. via a warranty deed subject to affordable housing restrictions in favor of the Land Authority (hereinafter "Land Authority restrictions ") recorded in Book 1836 at page 2005 of the Public Records of Monroe County, Florida; and WHEREAS, Habitat for Humanity of the Upper Keys, Inc. has submitted an application for a building permit to develop the subject property with asingle- family home and said application is currently being reviewed by the Monroe County Planning and Environmental Resources Department; and WHEREAS, pursuant to the Monroe County Land Development Code, Habitat for Humanity of the Upper Keys, Inc. is required to execute a separate set of affordable housing deed restrictions in favor of Monroe County as a condition of receiving a building permit; and WHEREAS, the Land Authority restrictions will no longer be necessary once the deed restrictions required by the Code are executed and recorded; and WHEREAS, the Land Authority Advisory Committee considered this resolution at a meeting held on January 31, 2018 and voted 4/0 to recommend approval; NOW, THEREFORE, Page 1 of 2 Packet Pg. 3485 G.3.a BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY that the Chairman of the Land Authority Governing Board is hereby authorized to execute the necessary documents to release the Land Authority restrictions upon the execution and recordation of affordable housing deed restrictions in favor of Monroe County. PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority at a regular meeting on this day of , 2018. Commissioner Heather Carruthers Commissioner Sylvia Murphy Commissioner George Neugent Mayor David Rice Chairman Danny Kolhage (Seal) ATTEST: Charles G. Pattison Executive Director Approved as to form and legality: Adele V. Stones, Esquire MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY Danny L. Kolhage Chairman Page 2 of 2 Packet Pg. 3486 õ Ú ìÛÙÑ×ÈìÕ  õ Ú ìÛÙÑ×ÈìÕ  õ Ú ìÛÙÑ×ÈìÕ  õ Ú ìÛÙÑ×ÈìÕ