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Item H05 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: March 16. 2005 Bulk Item: Yes X No Division: Growth Management Department Planning Staff Contact Person: K. Marlene Conaway AGENDA ITEM WORDING: Approval for one Affordable/Employee I-Iousing Deed Restriction for two dwelling units from J. Murray & Mary H. Shatto ITEM BACKGROUND: On February 9, 2005 the Planning Commission approved two allocation awards for the applicantslisted below provided the applicants'AffordablelEmployee Housing Deed Restriction is approved by the BOCC. J. Murray & Mary H. Shatt submitted the Restrictive Covenant to Monroe County. The applicants are receiving two dwelling unit allocation awards for the year ending July 13, 2005, have filed the document in accordance with Ordinance No. 47-1999. PREVIOUS RELEVANT BOARD ACTION: None CONTRACT! AGREEMENT CHANGES: N! A. STAFF RECOMMENDATION: Approval. TOT AL COST: X BUDGETED: Yes N/ A No COST TO COUNTY: N/A SOURCE OF FUNDS: N/ A AMOUNT PER MONTH N/ A Year REVENUE PRODUCING: Yes N/A No APPROVED BY: County Atty l Risk Management N! A DIVISION DIRECTOR APPROVAL: arry, AICP DOCUMENTATION: Included X Not Required_ DISPOSITION: AGENDA ITEM # MEMORANDUM TO:: FROM: DATE: RE: Danny Kolhage, Clerk ofthe Court Timothy J. McGarry, Growth Management Dir~ March 16, 2005 Clarification of Agenda Item Affordable/Employee Housing Permit Number Name on Agenda Item Name on Restrictive Covenant Legal Description 04-1-2781 and 04-1- 2783 J. Murray & Mary H. Shatt J. Murray & Mary H. Shatt Lots 29 & 30, Block 1, Summerland Key Cove Amended, Summerland Key Prepared by: J. Murray Shatt P.O. Box 420488 Summeralnd Key, FL 33042 MONROE COUNTY PLANNING DEPARTMENT AFFORDABLE/EMPLOYEE HOUSING DEED RESTRICTION STA TE OF FLORIDA COUNTY OF MONROE Notice is hereby given that I. I/We, J. Murrav & Mary H. Shatt, a married couple, the undersigned is/are the sole owner(s) of certain real property, situated, lying and being in Monroe County, State of Florida, described as follows: Lot(s): 29 & 30 Block: 1 Subdivision: Summerland Kev Cove Amended Key: Summerland PB: 4-35 (If legal description is metes and bounds, attach a separate sheet) Real Estate Number: 00189160.000000 and 00189170.000000 II. The employee housing units Building Permit Numbers are 04-1-2781 and 04-1-2783. III. Under the applicant(s) or owner-occupied moderate income affordable housing provisions set for in Chapter 9.5 of Monroe County Land Development Regulations, the owner or owners of the above-described real property have been exempted from payment of "Fair Share Impact Fees" for a (check one): a single-family _, a multi-family unit, _' a mobile home --'- employee housing 2 units to be constructed on said real property. Real Estate No. # 00189160.000000 and 00189170.000000 Affordable HousingiEmployee ff"'1Sing Deed Restriction Page 1 of3 Jnit"'~ frllJA IV. The annual adjusted gross income for the owner-occupied household does not exceed one hundred-twenty (120) percent of the median adjusted gross annual income within Monroe County. V. Under Monroe County Code Section 9.5-266, the affordable housing dwelling unit is restricted to a maximum of one thousand three hundred (1,300) square of feet habitable space for a period of at least thirty (30) years. VI. Under Monroe County Code Section 9.5-4(E-1) Employee housing is restricted to households, which derive at least seventy (70) percent of their household income from gainful employment in Monroe County and meet the requirements for affordable housing per sections 9.5-4(A-5) and 9.5- 266. VII. The Maximum sales price, the affordable housing unit shall mean a price not exceeding four and one-quarter (4.25) times the annual median household income for Monroe County. VIII. The applicant(s) have used the affordable housing program to gain additional points in the permit allocation system pursuant to Monroe County Section 9.5-122.3(6). IX. The covenants shall be effective for thirty (30) years, but shall not commence running until a certificate of occupancy has been issued by the building official for the dwelling unit(s) to which the covenant or covenants apply. This deed restriction shall remain in effect for thirty (30) years regardless of the owner(s) or occupant(s) ability to comply or re-qualify on an annual basis or as otherwise may be required. X. At the time of sale the affordable housing unit may only be sold to a household within the same income class , i.e., a median income household which purchased a home within this category must sell the home to a qualifying household within the median income category. XI. All of the restrictions herein shall be binding upon any transferees, lessees, heirs, assigns or successors in the chain of title. XII. Monroe County may enforce this affordable housing deed restriction through any legal procedure available, whether at law or equity. Real Estate No. # 00189160.000000 and 00189170.000000 Affordable Housing/Employee Housing Deed Restriction Page 2 of3 ~J in RIJ Initial _ IIwe certify that I/we am/are familiar with the information herein contained and that it is true and correct to the best of my knowledge and belief; and lIwe will abide by the above stated restrictions pursuant to Monroe County Code Chapter 9.5 as may be amended from time to time. WITNESSESS: ~<+f ( L"uV${o~ Ci ") 1.1,./ (Signature) G' "A " Ct,0cl.Cl. " . I.kC}~j1 (PrintIType Name) Address: ~O I ~f Lf;).o tfgg..; . Summe~lmvd K.a.-,Jf:L '3 SD'f~ ;J ~~ :fohN '1'e~l:4JVGfoRd \rintlType ~ . C\ ~'0 Address: f:Ol&>X 4~\fJ'~ SummtYd'~-J&u.}IPL ~"304 ~ My Commission MONROE~C~NTY, TTORNEV Real Estate No. # 00189160.000000 and 00189170,OOOOOOPPP;" ,. i,' r " C,)n'.~ Affordable HousillglEmployee Housing D""d Re,trioti'llOle _::: Pii'- of 3_ --Z~tWF ill II J.l