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Crystal Cove Housing Partners 1st Amendment 04/17/2019 • CP1 s o�.0 Kevin Madok, CPA /�9 •°'�"1' f '`' Mk::: Clerk of the Circuit Court& Comptroller—Monroe County, Florida DATE: April 18, 2019 TO: Emily Schemper, Senior Director Planning&Environmental Resources FROM: Pamela Hanc bib.C. SUBJECT: April 17th BOCC Meeting Enclosed are two duplicate originals of the following items for your handling: I4 1st Amendment of the Interlocal Agreement between Monroe County and City of Marathon transferring 55 low income Affordable Housing ROGO Allocations from Monroe County to the City of Marathon, extending the deadline for Certificates of Occupancy for the Key Vaca, LLC, Low Income Housing Tax Credit Project to December 31, 2021. I5 1st Amendment to the revised Interlocal Agreement between Monroe County and City of Marathon transferring 23 low income, 3 very low income, and 20 moderate income(46 total) Affordable Housing ROGO Allocations from Monroe County to the City of Marathon, extending the deadline for Certificates of Occupancy for the Crystal Cove Low Income Housing Tax Credit Project, to December 31, 2021. Should you have any questions, please feel free to contact me at(305) 292-3550. cc: County Attorney Finance File KEY WEST MARATHON PLANTATION KEY PIC/ROTH BUILDING 500 Whitehead Street 3117 Overseas Highway 88820 Overseas Highway 50 High Point Road Key West,Florida 33040 Marathon,Florida 33050 Plantation Key,Florida 33070 Plantation Key,Florida 33070 305-294-4641 305-289-6027 305-852-7145 305-852-7145 A AMEN IMENT I TO INTERLOCAL AGREEMENT BETWEEN MONROE COUNTY AND THE CITY OF MARATHON TRANSFERRING AFFORDABLE HOUSING RESIDENTIAL DWELLING UNIT ALLOCATIONS This Amendment ("Amendment") to an Interlocal Agreement ("Agreement") is made and entered into thisi7t4day of 0 " , 2019, by and between Monroe County,a political subdivision of the State of Florida,whose address is 1100 Simonton Street,Key West,Florida 33040 ("County"),and the City of Marathon, a municipal corporation of the State of Florida, whose address is 9805 Overseas Highway,Marathon,Florida 33050(the"City"). WITNESSETH: WHEREAS, Policy 101.2.15 of the Year 2010 Monroe County Comprehensive Plan allows Rate of Growth Ordinance building permit allocations (hereinafter "affordable housing ROGO allocations" or "affordable ROGOs") for affordable housing projects to be pooled and transferred between local government jurisdictions within the Florida Keys Area of Critical Concern,if accomplished through an interlocal agreement between the sending and receiving local governments; and WHEREAS, Chapter Five (5)of the City Comprehensive Plan identifies goals, objectives and policies to provide for development pursuant to intergovernmental coordination and interlocal agreements; and WHEREAS, Monroe County and the City of Marathon have previously entered into Interlocal Agreements to transfer affordable ROGOs; and WHEREAS, Monroe County and the City of Marathon recognize the potential economic value of such transferable affordable ROGO allocations; and WHEREAS, this Agreement is entered into pursuant to Florida Statutes, Section 163.01, et seq., Florida Interlocal Cooperation Act of 1969, which states: "It is the purpose of this section to permit local governmental units to make the most efficient use of their powers by enabling them to cooperate with other localities on a basis of mutual advantage and thereby to provide services and facilities in a manner and pursuant to forms of governmental organization that will accord best with geographic, economic, population,and other factors influencing the needs and development of local communities"; and WHEREAS, the comprehensive plans of Monroe County and the City of Marathon expressly identify interlocal agreements as a means of resolving issues mutually affecting their respective jurisdictions; and WHEREAS, Monroe County and the City of Marathon recognize the value of regional partnerships in smart growth and the need in this instance to extend this Interlocal Agreement (ILA) as previously approved; and 00093748-v3 1 • WHEREAS,property in the ownership of HTG Crystal Cove pursuant to City Resolution 2016-122 has an approved Conditional Use Permit for a project that includes fifty-five (55) affordable housing/workforce housing pertaining to the following site; and WHEREAS, HTG Crystal Cove has submitted plans for construction which the City has reviewed and is nearing approval for building permits; and WHEREAS, on or about December 14, 2016 the City of Marathon and Monroe County entered into an ILA in order to provide forty-six (46) affordable ROGO allocations for the Key Vaca, LLC project; and WHEREAS, Section 15. of the Agreement provides the mechanism to amend the Agreement, providing further that, "No agent, employee, or other representative of either party is empowered to modify or amend the terms of this Agreement, unless executed with the same formality as this document, WHEREAS, such a request is codified in Resolution 2019-28 of the City of Marathon, Florida; and WHEREAS,this Resolution provides the Amendment Document that the County requires in order to carry out the extension request, WHEREAS, the parties have determined that this Amendment to this Agreement is in the best interests of the public and the public health, safety, and welfare; and NOW, THEREFORE,the parties hereto agree as follows: Section 1. AMENDMENT: Pursuant to this Amendment to the existing Agreement, Section 3, the "Term" of the Agreement is hereby amended to become December 31, 2021 with terms as follows: "Section 3. TERM: Subject to and upon the terms and conditions set forth herein, this Interlocal Agreement shall continue in force until one of the following occur: The project is not granted funding by FHFC LIHTC/WORKFORCE program by at least the FY18-19 competitive cycle; or The project does not complete construction and does not obtain Certificates of Occupancy for all 46 affordable housing units contemplated herein by December 31, 2021. All affordable housing units for which Certificates of Occupancy are issued prior to December 31, 2021 shall remain subject to this Interlocal Agreement irrespective of whether all 46 affordable housing units contemplated herein receive Certificates of Occupancy." Section 2. EFFECT ON THE AGREEMENT: In all other respects, the Agreement remains in full force and effect. 00093748-v3 2 Section 3. EFFECTIVE DATE: This Agreement shall take effect on the date set forth above. IN ESS WHEREOF, each party has caused this Agreement to be executed by its duly ���, �''-c�? j•resentative. " '4.)t • ; a �° BOARD OF COUNTY COMMISSIONERS ++a ='sue "'.„� `°•> °°,� M � OF MONROE COUNTY, FLORIDA AT : KEVIN MADOK, CLERK By: �. _ By: Clerk Mayor Sylvia J. Murphy Date: APPROVED AS TO FORM AND LEGAL SUFFICIENCY By: 1E - ` Assistant County Attorney ATTEST: k THE CITY OF MARATHO IDA —DIDALL aaAria • By. DIANE CLAVIER ayor Jojil Bia�s,1 City Clerk Date: (-( /( (City Seal) APPROVED AS TO FORM AND LEGALITY FOR THE USE AND RELIANCE OF THE CITY OF MARATHO , LORIDA ONLY: By: David igut, Ci Atto ey {-)- CO:. Co 4..- CAI C) —71 A) C7 00093748-v3 3 V...