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Item K1 MONROE C()UNTY LAND AUTHORITY 1200 TRUMAr>-. A VENUE, SUITE 207 · KEY WEST, FLORIDA 33040 I'IH1NI (305) 295.51 RO · I~AX (305) 295.5181 MEMORANDUM To: James Roberts, County Administrator From: Mark Rosch, Executive Director fV\-.[} I I!::::::- Monroe County Land Authority ~ Date: June 27, 2003 Subject: Land Authority Agenda Items for July 15, 2003 BOCC Meeting Please include the following items on the Board of County Commissioners agenda for the above referenced meeting at a time approximate of 10:00 AM. LAND AUTHORITY GOVERNING BOARD 1. Approval of minutes for the June 18, 2003 meeting. 2. Approval of a resolution transferring funds. 1/ /1'02- LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: July 15, 2003 Bulk Item: Yes No X Department: Land Authority Agenda Item Wording: Approval of minutes for the June 18, 2003 meeting. Item Background: None. Advisory Committee Action: N/A Previous Governing Board Action: None. Contract/Agreement Changes: N/A Staff Recommendation: Approval. Total Cost: $ Budgeted: Yes No Cost to Land Authority: $ Source of Funds: Approved By: Attorney County Land Steward Executive Director Approval: ~-~r- ark J. Rosch Documentation: Included: X To Follow: Not Required: Disposition: Agenda Item LA #1 MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY GOVERNING BOARD June 18, 2003 Meeting Minutes The Governing Board of the Monroe County Comprehensive Plan Land Authority held a regular meeting on Wednesday, June 18, 2003 at the Marathon Government Center. Chairman Murray Nelson called the meeting to order at 10:20 AM. Present and answering roll call, in addition to Chairman Nelson, were Commissioner Sonny McCoy, Commissioner George Neugent, Commissioner David Rice, and Mayor Dixie Spehar. Also in attendance were Executive Director Mark Rosch, Office Manager Kimberly Nystrom, Counsel Larry Erskine, and members of the press and public. The first item on the agenda was approval of minutes for the May 21, 2003 meeting. A motion was made by Mayor Spehar and seconded by Commissioner Rice to approve the minutes as submitted. There being no objections, the motion carried (5/0). The next item was approval of a resolution revising the requirements for the disbursement funds for the Meridian West affordable housing development. Mr. Rosch addressed the Board. A motion was made by Commissioner Neugent and seconded by Mayor Spehar to approve the resolution as submitted. There being no objections, the motion carried (5/0). [Resolution 04- 2003] The next item was approval of a resolution increasing and subordinating the mortgage loan for the Poinciana Housing Complex. Mr. Rosch addressed the Board. A motion was made by Mayor Spehar and seconded by Commissioner Neugent to approve the resolution as submitted. There being no objections, the motion carried (5/0). [Resolution 05-2003] The next item was approval of a subordination agreement necessary for private financing of the Maloney subdivision affordable housing development. Mr. Rosch addressed the Board. This property is being developed by the Monroe County Housing Authority and is located on Cross Street on Stock Island. A motion was made by Commissioner Rice and seconded by Commissioner Neugent to approve the agreement as submitted. There being no objections, the motion carried (5/0). The next item was approval to purchase the following properties: A. All vacant lots in Silver Lake Park (PB 4-95) on Key Largo at a price of 115% of the 1996 assessed value at a total cost not to exceed $325,000. B. Big Pine Key Acreage RE #111120 at a total cost of $30,048.00. Mr. Rosch addressed the Board. A motion was made by Commissioner Neugent and seconded by Mayor Spehar to approve items A and B as submitted. There being no objections, the motion carried (5/0). Mr. Rosch reported that construction of Habitat for Humanity's Habitat Landing affordable housing development on Big Pine Key is almost complete. The Land Authority's deed restriction on this site requires Land Authority approval of any encumbrances. Habitat for Humanity is requesting approval from the Land Authority to encumber the property with a declaration establishing a homeowners association and with mortgages in favor of Habitat for Humanity. As these encumbrances are consistent with the development plans previously described to the Page 1 of 2 Board for single-family homeownership, Mr. Rosch advised the Board that the encumbrances would be approved at the staff level unless any member of the Board felt otherwise. There were no objections to staff proceeding in this manner. There being no further business, the meeting was adjourned at 10:33 AM. Minutes prepared by: MarkJ::' G0c--~ Executive Director Approved by the Board on: Page 2 of 2