Loading...
Item Q08 Q.8 t, BOARD OF COUNTY COMMISSIONERS County of Monroe Mayor Sylvia Murphy,District 5 The Florida Keys l'U � � Mayor Pro Tern Danny Kolhage,District 1 �pw° Michelle Coldiron,District 2 Heather Carruthers,District 3 David Rice,District 4 County Commission Meeting October 16, 2019 Agenda Item Number: Q.8 Agenda Item Summary #6179 BULK ITEM: Yes DEPARTMENT: County Attorney's Office TIME APPROXIMATE: STAFF CONTACT: Bob Shillinger(305) 292-3470 N/A AGENDA ITEM WORDING: Approval to exercise the option to purchase the Howards Haven Trailer Park property, to waive the contract provision requiring the Seller to deliver the property free of any tenant or occupancy, to fund the purchase using Land Authority revenue in anticipation of reimbursement by the Florida Housing Finance Corporation through a Community Development Block Grant — Disaster Recovery, and to execute an affordable housing deed restriction in favor of the Land Authority. ITEM BACKGROUND: The County has entered into an Option Agreement to purchase Howards Haven Trailer Park as an affordable housing site in response to the Board's post-Hurricane Irma direction to acquire and redevelop trailer parks as workforce housing. The option period expires March 31, 2020. In order to complete the necessary due diligence activities, it is time to begin preparing to close the transaction. Subject to favorable underwriting review, the County has been awarded Community Development Block Grant — Disaster Recovery (CDBG-DR) funding for land acqusition and construction for this site. However, the Florida Housing Finance Corporation (FHFC) underwriting review process is not expected to be complete until March 31, 2020 or later. It is therefore necessary to fund the purchase with other revenue until the Florida Housing Finance Corporation can reimburse the County. If CDBG-DR funds are not forthcoming, there would be no reimbursement. In order to avoid jeopardizing the FHFC financing by displacing the trailer park's existing residents, staff recommends that the Board opt to waive the contract provision requiring the Seller to deliver the property free of any tenants or occupancy. Land Authority Resolution 08-2018 authorizes the Land Authority to pay the County's purchase price and associated acquisition costs provided the County executes an affordable housing deed restriction in favor of the Land Authority. PREVIOUS RELEVANT BOCC ACTION: On December 19, 2018 the Board approved entering into an Option Agreement to purchase the subject property. On July 17, 2019 the Board approved Packet Pg. 2297 Q.8 the First Amendment to the agreement clarifying that the County's remedies for default include specific performance and extending the option period to March 31, 2020. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval DOCUMENTATION: HH-Agreement HH-FirstAmendment MCLA-Resol.08-2018 FINANCIAL IMPACT: Effective Date: None Expiration Date: None Total Dollar Value of Contract: N/A Total Cost to County: N/A Current Year Portion: N/A Budgeted: Yes Source of Funds: 304 Funds infrastructure sales surtax CPI: N/A Indirect Costs: N/A Estimated Ongoing Costs Not Included in above dollar amounts: N/A Revenue Producing: No If yes, amount: Grant: No County Match: N/A Insurance Required: N/A Additional Details: N/A None 10/16/19 NEW COST CENTER ADDED $0.00 REVIEWED BY: Charles Pattison Completed 10/01/2019 4:17 PM Bob Shillinger Completed 10/01/2019 4:33 PM Budget and Finance Completed 10/01/2019 4:52 PM Maria Slavik Completed 10/01/2019 6:08 PM Kathy Peters Completed 10/01/2019 6:09 PM Board of County Commissioners Pending 10/16/2019 9:00 AM Packet Pg. 2298 Q.8.a OPTION AGREEMENT FOR THE PURCHASE OF LANDS THIS AGREEMENT is made and entered into this day of �`J9-�� � , 2018, by and between Howard's Haven, LLC (hereinafter "Seller(s)"), for themselves, their heirs, executors, administrators, successors and assigns, and MONROE COUNTY, FLORIDA (hereinafter "COUNTY"). 0 WITNESSETH: 1. The Seller(s) hereby grant to the COUNTY the exclusive option to purchase certain lands upon the terms and conditions hereinafter set forth, for all of the lands and other interests, which lands shall include all tenements, hereditaments, together with all water and other rights, easements, appurtenances, and any and all of the Seller's rights in or arising by reason of ownership thereunto belonging, owned by them, situate and lying in the County of Monroe, State of Florida, more particularly described as follows; to-wit: Block 22, Lots 1, 2, 3, and 4, Sands (PB 1-65) RE# 00302670-000000 and 00302680-000000 The rights being conveyed in this transaction include the rights to 13 residential dwelling units and 100 square feet of nonresidential floor area exempt from the ROGO and NROGO permit allocation systems referenced in the December 14, 2017 and July U 27, 2018 letters from the Monroe County Planning and Environmental Resources Department to Luther Ackiss. 0 The consideration for the option granted by this Agreement is $10,000.00 (hereinafter "Option Payment"). Within five business days of execution of this Agreement by the COUNTY, the COUNTY shall issue a check in the amount of the Option Payment and forward same to the escrow agent to hold for the benefit of the Seller(s). The period covered by the option shall commence on December 27, 2018 and shall expire on December 26, 2019 at 5:00 pm (hereinafter "Option Period"). The COUNTY shall have the right to exercise the option by providing the Seller(s) written notice (hereinafter "Option Notice") and to close the real estate transaction at any time within the Option Period after the expiration or termination of the existing lease between the Seller(s) and the Federal Emergency Management Agency or any extension of said lease. If the COUNTY does not exercise its option within the Option Period, then the escrow agent is directed E to release and disburse the Option Payment to Seller(s) the day after the Option Period expires. If the COUNTY does timely exercise its option, then the escrow agent shall credit the Option Payment toward the purchase price paid by the COUNTY at closing. 2. The Seller(s) agree that they have full right, power and authority to convey, and that they will convey to the COUNTY the fee simple title together with legal and practical access thereto clear, E free and unencumbered, except subject to the following easements or reservations: Existing easements for canals, ditches, flumes, pipelines, railroads, public highways and roads, telephone, telegraph, power transmission lines and public utilities. The COUNTY, at the COUNTY'S expense, within the time allowed to deliver evidence of title and to examine same, may have the real property surveyed and certified by a registered Florida surveyor. If the survey discloses encroachments on the real property or that improvements located thereon encroach on setback lines, easements, lands of others, or violate any restrictions, 1 Packet Pg. 2299 • Q.8.a contract covenants, or applicable governmental regulations, the same shall constitute a title defect. Seller(s) shall convey a marketable title subject only to the aforementioned liens, encumbrances, exceptions or qualification set forth herein. Marketable title shall be determined according to applicable title standards adopted by authority of the Florida Bar and in accordance with law. The COUNTY shall have sixty (60) days from the date of Option Notice in which to examine title. If title is found defective, the COUNTY shall, within this specified time period, notify Seller(s) in writing specifying defect(s). If the defect(s) render title unmarketable the Seller(s) will have one hundred twenty (120) days from receipt of notice within which to remove the defect(s). The Seller(s) will use diligent effort to correct defect(s) in title within the time provided therefore, including the bringing of necessary suits, failing which the COUNTY shall have the option of either accepting the title as it then is or rescinding the Agreement herein. 3. The Seller(s) further agree not to do, or suffer others to do, any act by which the value or title to said lands may be diminished or encumbered while this Agreement is pending. It is further agreed that any loss or damage occurring prior to the vesting of satisfactory title in the COUNTY by reasons of the unauthorized cutting or removal of products therefrom, or because of fire, shall be borne by the Seller(s); and that, in the event any such loss or damage occurs, the COUNTY may, without liability, refuse to accept conveyance of said lands. 0 4. The Seller(s) further agree that during the period covered by this instrument officers and accredited agents of the COUNTY shall have at all reasonable times the unrestricted right and privilege to enter upon said lands for all proper and lawful purposes, including examination of said U) lands and the resources upon them. The Seller(s) hereby waive their rights to any and all claims against the COUNTY, Monroe County, or the State of Florida associated with, or arising from ownership of, said lands and this waiver shall survive closing. r- 5. The Seller(s) will execute and deliver upon demand of the proper officials and agents of the COUNTY a good and sufficient deed of warranty conveying to the COUNTY a marketable title to the said lands of such character as to be satisfactory to the legal counsel of the COUNTY and said deed shall provide that the use, occupation and operation of the rights-of-way, easements and reservations retained therein, shall be subordinate to and subject to such rules and regulations as may be prescribed by the COUNTY governing the use, occupation, protection and administration of lands. 6. The purchase price for said lands and other interests, subject to adjustments and prorations, is $850,000.00. The COUNTY further agrees that, after credit for the Option Payment, after the preparation, execution, and delivery of the deed, and after the legal counsel of the COUNTY shall have approved the title thus vested in the COUNTY, it will cause to be paid to the Seller(s) the balance of the purchase price. The COUNTY shall pay the following expenses associated with the conveyance of the property: deed recording fees, settlement fees, abstract fees, title examination fees, the Buyer's attorney's fees, and title insurance, as well as the prorata share of prepaid real property taxes allocable to the period subsequent to the vesting of title in the COUNTY, or the effective date of possession of such real property by the same, whichever is earlier. The Seller(s) shall pay the expenses of documentary stamps to be affixed to the deed and real estate commissions, if any. Full possession of the premises shall pass to the COUNTY as of the date payment is made to the Seller(s) subject only to the reservations stated in Section 2 above. 7. It is mutually agreed that an abstract, title insurance policy or other evidence of title to the property herein contracted to be sold, satisfactory to the legal counsel of the COUNTY will be obtained by 2 Packet Pg. 2300 the COUNTY at its expense. The Seller(s) expressly agree herein to furnish to the COUNTY any documents in Seller(s)'s possession establishing evidence of title including, but not limited to, abstracts, title commitments, title policies and opinions of title. 8. It shall be the obligation of the Seller(s) to pay all taxes and assessments outstanding as liens at the date title vests of record in the COUNTY, whether or not such taxes and assessments are then due and payable. 9. It is mutually understood and agreed that notice of acceptance of this Agreement shall be given to the Seller(s) by mail addressed to the Seller(s) at the following address: PO Box 430271 Big Pine Key, FL 33043 a� and shall be effective upon date of mailing and shall be binding upon all of the Seller(s) without sending a separate notice to each, except as such obligation may be affected by the provisions of paragraph 6 hereof. U) 10. It is mutually understood and agreed that the COUNTY may assign this Agreement. 3 11.. Unless waived by the COUNTY as to one or more existing tenants, the property shall be delivered at closing free of any tenant or occupancy. 12. Seller(s) shall close any open building permits or code enforcement proceedings prior to closing and provide proof of same to the COUNTY. 13. The effective date of this Agreement shall be that date when the last one of the Seller(s) and the COUNTY has signed this Agreement. 14. If the Seller(s) wish to proceed with this transaction, the Seller(s) have until December 4, 2018 to sign and return this Agreement to the COUNTY. This, Agreement may be executed in counterparts. T [The remainder of this page is intentionally blank.] 3 Packet Pg. 2301 0 15. In the event the transaction is not closed within the Option Period, at any time thereafter both the COUNTY and the Seller(s) shall each have the right to terminate this Agreement by providing written notice, at which point both parties shall be released of all further obligations under this Agreement. IN WITNESS WHEREOF, the parties have hereunto signed their names and affixed their respective seals. Seller/ Howard's Haven, LLC By: Luther S. Ackiss, Manager a 1�7&- Signature Da e Phone Number MONROE COUNTY, FLORIDA acting by and through its MAYOR, has executed this Agreement on behalf of MONROE COUNTY, FLORIDA this 19.t day of A14 , 2018. 3 0 Buyer/ COUNTY: MONROE COUNTY, FLORIDA KEVIN MADOK, CPA, Clerk U) By: :mac- 4 Depuy-C erk Sylvi J. Murphy, Mayor a� M o c ltiwy+.fnn. 11 20�9 - -"Date: MONROE COUNTY ATTORNEY A:PRO�/ FOR EAT ._SHILLING ER,JR. C A1T RN G `� 4 Packet Pg. 2302 Q.8.b FIRST AMENDMENT TO OPTION AGREEMENT FOR THE PURCHASE OF LANDS THIS FIRST AMENDMENT modifies that certain Option Agreement for the Purchase of Lands (hereinafter "Agreement") between Howard's Haven, LLC (hereinafter "Seller(s)") and Monroe County, Florida, (hereinafter"COUNTY"), dated December 19, 2018. The parties hereby mutually agree as follows: 0. 1. The COUNTY'S remedy for default on the part of the Seller(s) includes or is specific performance. 2. The expiration date of the Option Period is hereby extended from December 26, 2019 at 5:00 pm to March 31, 2020 at 5:00 pm. 3. The consideration for said extension to the Option Period shall be $2,500.00, shall be paid by the COUNTY to the escrow agent within thirty business days of the COUNTY'S > execution of this First Amendment, and shall be otherwise governed by the same terms as the Option Payment in the Agreement. 4. The COUNTY will use the subject property for the provision of affordable housing. The COUNTY may use the subject property as temporary relocation housing only for the current residents of Howard's Haven while permanent housing is being built. The COUNTY will not use the subject property as a Recreational Vehicle park. 5. All other provisions of the Agreement shall remain in effect. U) IN WITNESS WHEREOF, the parties have hereunto signed their 'names and affixed their respective seals. Seller/ Howard's Haven LLC g By: Luther S. Ackiss, Manager =C c +f / 2 n ure Date CD C-?= MONROE COUNTY, FLORIDA acting by and through its MAYOR, has executed t412 Agreerrpt-: E on behalf of MONROE COUNTY, FLORIDA this IV& day of d- 2019. Ur Buyer/ COUNTY: MONROE COUNTY, FLORIDA KEVIN MADOK, CPA, Clerk ep lerk Sylvia J. Murphy, Mayor MONROE OOUN a APPR0 D TMAMRNEY TO F M: �•`i6 -81: E^ IELI � •• OU GER,JR. Dap® Packet Pg. 2303 Q.8.c RESOLUTION NO. 08-2018 A RESOLUTION OF THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY ADDING BLOCK 22, LOTS 1 THROUGH 4, SANDS TO THE ACQUISITION LIST AS AN AFFORDABLE HOUSING SITE TO BE PURCHASED BY MONROE COUNTY AND APPROVING ACQUISITION FUNDING SUBJECT TO CONDITIONS. CL IL WHEREAS, Block 22, Lots 1 through 4, Sands (RE #00302670-000000 and 00302680-000000), is a 20,000 square foot site located on Avenue C on Big Pine Key (hereinafter "Subject Property"); and WHEREAS, Monroe County is considering entering into an option contract to purchase the Subject Property for an option fee of$10,000 and a purchase price of$850,000; and U) WHEREAS, Monroe County intends to submit an application for a Community Development Block Grant — Disaster Recovery (CDBG-DR) grant to fund the purchase and redevelopment of the Subject Property; and WHEREAS, the Monroe County Comprehensive Plan Land Authority (hereinafter "Land Authority") desires to assist Monroe County with the acquisition of the Subject Property; and WHEREAS, on June 27, 2018 the Land Authority Advisory Committee voted 3/0 to approve adding the Subject Property to the Acquisition List as an affordable housing site; and WHEREAS, on October 31, 2018 the Land Authority Advisory Committee voted 5/0 to approve funding to the degree necessary until December 31, 2019 for either Monroe County or the Monroe County Housing Authority to purchase the Subject Property; NOW, THEREFORE, BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY: Section 1. The Subject Property is hereby added to the Acquisition List as an affordable housing site to be purchased by Monroe County. 00 Ir- CD Section 2. Land Authority funding toward Monroe County's purchase of the Subject Property is 00 hereby approved as follows: 0 U) A. The Land Authority is authorized to pay Monroe County's $10,000 purchase option fee. B. The Land Authority is authorized to pay Monroe County's $850,000 purchase price and associated acquisition costs for the subject property to the degree said acquisition costs are not funded by the CDBG-DR grant. C. At closing, Monroe County shall execute an instrument in favor of the Land Authority restricting the Subject Property to affordable housing. E Page 1 of 2 Packet Pg. 2304 D. The funding commitments in this resolution shall expire on December 31, 2019. PASSED AND ADOPTED by the Monroe County Comprehensive Plan Land Authority at a regular meeting on this 1901 day of December 2018. Chairman Heather Carruthers Yes CL Vice Chairman David Rice Yes 0 Commissioner Michelle Coldiron Yes CL Commissioner Danny Kolhage Yes Commissioner Sylvia Murphy Yes (L A MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY U) Charles G. Pattison Chair n ea er Carruthers 0 Executive Director Approved as to form and legality U) Adele V. Stones 0 0 A X 00 00 R 0 U) E Page 2 of 2 Packet Pg. 2305