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Resolution 196-2018 � ` 11( "r' I ti a i 3 RESOLUTION NO.196 -2018 4 5 A RESOLUTION BY THE MONROE COUNTY BOARD OF COUNTY 6 COMMISSIONERS APPROVING THE EXTENSION O F T H E 7 RESERVATION OF ONE HUNDRED AND FOUR (104) AFFORDABLE 8 HOUSING DWELLING UNIT ALLOCATIONS CONSISTING OF ONE (1) 9 VERY LOW INCOME, FIFTY -ONE (51) LOW INCOME, TWENTY (20) 10 MEDIAN INCOME AND THIRTY -TWO (32) MODERATE INCOME 11 ALLOCATIONS, FOR A PROPOSED AFFORDABLE DWELLING UNIT 12 DEVELOPMENT BY QUARRY PARTNERS, LLC, AT PROPERTY 13 LOCATED AT APPROXIMATE MILE MARKER 9, DESCRIBED AS A 14 PARCEL OF LAND IN SECTION 21, TOWNSHIP 67 SOUTH, RANGE 26 15 EAST, BIG COPPITT KEY, MONROE COUNTY, FLORIDA, HAVING 16 REAL ESTATE NUMBERS 00120940 - 000100, 00120940 - 000201, AND 17 00120940 - 000302, UNTIL JULY 1, 2019 18 19 WHEREAS, the State of Florida and all local governments in the Florida Keys (each subject 20 to Area of Critical State Concern mandates relating to housing affordability) recognize the need 21 for affordable housing throughout the state and particularly in the Florida Keys where developable 22 land for housing is extremely limited and expensive; and 23 24 WHEREAS, the challenge of providing affordable housing opportunities in the Florida Keys 25 is one requiring sensible and responsive use of residential unit allocations, including implementation 26 of long -term preservation mechanisms; and 27 28 WHEREAS, due consideration should be given to relevant factors such as the capacity 29 for allocation recipients to promptly transform allocation awards /reservations into finished and occupied 30 affordable housing units; and 31 32 WHEREAS, the developers have legitimate needs for some assurance that allocations are in 33 fact and will remain available and /or justified for a reasonable time so that follow- through on 34 initial commitments will in fact be justified; and 35 36 WHEREAS, in accordance with Section 138- 24(b)(2) of the Monroe County Land Development 37 Code allows the BOCC to authorize reservations for "specific affordable or employee housing projects 38 participating in a federal /state housing financial assistance or tax credit program or receiving some 39 form of direct financial assistance from the county upon written request from the project sponsor and 40 approved by resolution of the board of county commissioners," and 41 42 WHEREAS, the BOCC, on February 10, 2016, adopted Ordinance 003 -2016 amending the t • 1 Monroe County Future Land Use Map from Industrial (I) to Commercial (COMM) for property located 2 at approximate mile marker 9, described as four parcels of land in Section 21, Township 67 South, Range 3 26 East, Rockland Key, Monroe County, Florida, having Real Estate Numbers 00122080.000000, 4 00122081.000200, 00122010.000000 and 00121990.000000; and from Mixed Use /Commercial Fishing 5 (MCF) and Industrial (I) to Mixed Use /Commercial (MC); creating Policy 107.1.6 Big Coppitt 6 Mixed Use Area 1, to provide limitations on development and specific restrictions, for property 7 located at approximate mile marker 9, described as a parcel of land in Section 21, Township 67 South, 8 Range 26 East, Big Coppitt Key, Monroe County, Florida, having Real Estate Number 00120940.000100; 9 as proposed by Rockland Operations, LLC and Rockland Commercial Center, Inc.; and 10 11 WHEREAS, the BOCC, on February 10, 2016, adopted Ordinance 004 -2016 amending 12 the Monroe County Land Use District (Zoning) Map from Industrial (I) and Commercial Fishing Area 13 (CFA) to Mixed Use (MU) for property located at approximate mile marker 9, described as a parcel 14 of land in Section 21, Township 67 South, Range 26 East, Big Coppitt Key, Monroe County, Florida, 15 having Real Estate Number 00120940.000100, and from Industrial (I) to Commercial 2 (C2) for 16 property located at approximate mile marker 9, described as four parcels of land in Section 21, Township 17 67 South, Range 26 East, Rockland Key, Monroe County Florida, having Real Estate Numbers 18 00122080.000000, 00122081.000200, 00122010.000000 and 00121990.000000; as proposed by 19 Rockland Operations, LLC and Rockland Commercial Center, Inc.; and 20 21 WHEREAS, Rockland Operations noticed Monroe County of its intent to apply to the Florida 22 Housing Finance Corporation ( "FHFC ") for Low Income Housing Tax Credit ( "LIHTC ") financial 23 assistance to offset the costs of 96 of its proposed 208 unit development ( "Project "); and 24 25 WHEREAS, as part of the LIHTC application, FHFC requires the applicant to have obtained 26 the necessary ROGOs and for Monroe County to execute a verification that verifies that the applicant 27 has obtained the necessary ROGOs; and 28 29 WHEREAS, Rockland Operations requested Monroe County reserve for a period of one (1) 30 year Ninety -Six (96) ROGO allocations consisting of Forty -Four (44) Low, Twenty (20) Medium and 31 Thirty- Two (32) Moderate Income affordable ROGO allocations for development of the units proposed 32 as part of the LIHTC application and as part of its Two Hundred Eight (208) dwelling unit proposed 33 development; and. 34 35 WHEREAS, on December 14, 2016, the BOCC adopted Resolution 323 -2016 reserving ninety - 36 six (96) affordable housing ROGO allocations consisting of Forty -Four (44) Low income (60 %), Twenty 37 (20) Medium income (100 %) and Thirty -Two (32) Moderate Income ( 120 %) affordable ROGO 38 allocations for a parcel of land in Section 21, Township 67 South, Range 26 East, Big Coppitt 39 Key, Monroe County, Florida, Having Real Estate Number 00120940- 000100 until December 15, 2017; 40 and 41 42 WHEREAS, Resolution 323 -2016 included a provision that the affordable housing 43 units developed with the Forty -Four (44) Low income ROGO allocations reserved by the resolution 44 shall have rent rates limited to 60% median income; and 45 2 1 WHEREAS, the project obtained Low Income Tax Credit Housing (LIHTC) assistance for the 2 development of the 96 units; and 3 4 WHEREAS, the ownership of the parcels has changed to the Quarry Partners, LLC; and 5 6 WHEREAS, the property has the real estate numbers 00120940.000100, 00120940.000201, 7 and 00120940.000302; and 8 9 WHEREAS, Quarry Partners, LLC, August 30, 2017 submitted a revised ROGO reservation request, 10 adding eight (8) additional allocations to the previously reserved 96 allocations and a request to extend the 11 timeframe to July 1, 2018; and 12 13 WHEREAS, the August 30, 2017 letter requested that Monroe County reserve 104 ROGO 14 allocations consisting of One (1) Very Low, Fifty -One (51) Low, Twenty (20) Medium and Thirty -Two (32) 15 Moderate Income affordable ROGO allocations [1 +51 +20 +32 =104] for the development of units proposed 16 as part of an additional LIHTC application and State Apartment Incentive Loan program (SAIL) financing 17 as part of its Two Hundred Eight (208) dwelling unit proposed development; and 18 19 WHEREAS, Resolution 212 -2017 reserved 104 ROGO allocations consisting of One (1) Very Low, 20 Fifty -One (51) Low, Twenty (20) Medium and Thirty -Two (32) Moderate Income affordable ROGO 21 allocations [1 +51 +20 +32 =104] for a parcel of land in Section 21, Township 67 South, Range 26 East, Big 22 Coppitt Key, Monroe County, Florida, Having Real Estate Numbers 00120940 - 000100, 00120940- 000201, 23 and 00120940- 000302 until July 1, 2018. 24 25 WHEREAS, on July 13, 2018, Quarry Partners, LLC, submitted a request for the extension 26 of the 104 affordable housing allocation awards; and 27 28 WHEREAS, Monroe County Code Sec.138 -24(b) allows reservation of affordable ROGO 29 allocations by the Board for specific housing programs, which includes FHFC LIHTC and SAIL; and 30 31 WHEREAS, the reservation of affordable housing allocations for the anticipated Project does 32 not exempt the project from applicable requirements in the Monroe County Comprehensive Plan 33 (including the requirement for a development agreement), Land Development Code, Building Code, 34 and other regulatory requirements; 35 36 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY 37 COMMISSIONERS OF MONROE COUNTY, FLORIDA: 38 39 Section 1: 104 total ROGO allocations consisting of One (1) Very Low, Fifty -One (51) Low, 40 Twenty (20) Medium and Thirty -Two (32) Moderate Income [1 +51 +20 +32 =104] affordable ROGO 41 allocations are reserved for parcels of land in Section 21, Township 67 South, Range 26 East, Big 42 Coppitt Key, Monroe County, Florida, Having Real Estate Numbers 00120940.000100, 43 00120940.000201, and 00120940.000302 until July 1, 2019 for building permit issuance. 3 1 2 Section 2:, The affordable housing units developed with the Fifty -one (51) Low income ROGO 3 allocations reserved by this resolution shall have rent rates limited to 60% median income. 4 5 PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a 6 regular meeting of said Board held on the 18` day of July, 2018. 7 8 Mayor David Rice Yes 9 Mayor Pro Tem Sylvia Murphy Y 10 Commissioner Danny Kolhage Yes 11 Commissioner Heather Carruthers Yes 12 Commissioner George Neugent Yes 13 14 15 (SEAL) BOARD OF COUNTY COMMISSIONERS 16 Attest: KEVIN MADOK, Clerk OF MONROE COUNTY, FLORIDA 17 4 18 19 By: &Ai \A �;��" ti'. By: 20 eputy Clerk Mayor ,a ' 4 i IO N E COUNTY ATTOttN EY AP' ST ft 'WILLIAMS ASSICy 7 i1Nf cotUtipf ATTORC Diitt 7 / a fig 6 } u.t g CDC Lai LU CD =` •Z Li_ ea z 4