Item J07
BOARD OF COUNTY COMMISSIO~'ERS
AGEl\'DA ITEM SUMMARY
Meeting Date: April 20. 2005
Bulk Item: Yes X No
Division: Growth Management
Department Planning
Staff Contact Person: K. Marlene Conaway
AGENDA ITEM WORDING: Approval for an Affordable Housing Deed Restriction for Employee Housing one
dwelling unit from James E. & Barbara Jo Sharpe.
ITEM BACKGROUND: On February 9, 2005 the Planning Commission approved an allocation award for the
applicants listed below provided the applicants' Affordable Housing Deed Restriction for Employee Housing is
approved by the BOCC. James E. & Barbara Jo Sharpe submitted the Restrictive Covenant to Monroe County. The
applicants are receiving a dwelling unit allocation award 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 RECOMMEl\'DA TION: Approval.
TOTAL COST:
x
BUDGETED: Yes NI A No
REVENUE PRODUCING: Yes N/A
No
SOURCE OF FUNDS: N/ A
I
AMOUNT PER MONTH N/ A Year
COST TO COUNTY: N/A
DIVISION DIRECTOR APPROVAL:
N/A
APPROVED BY: County Atty l
DOCUMENTATION:
Included X
Not Required
DISPOSITION:
AGENDA ITEM #
MEMORANDUM
TO::
FROM:
DATE:
RE:
Danny Kolhage, Clerk of the Court
Timothy J. McGarry, Growth Management Director
March 16, 2005
Clarification of Agenda Item
Affordable Housing for Employee Housing
Permit
Number
Name on
Agenda Item
Name on
Restrictive Covenant
03-1-5136
James E. & Barbara Jo
Sharpe
James E. & Barbara 10
Sharpe
Legal
Description
Lot 4, Block 2,
Summerland Key Cove
Addition #2,
Summerland Key
I
This instrument prepared by'
Whitney Meehan
26351 State Road 4
Rmnrod Key, FL 33042
MONROE COUNTY PLANNING DEPARTMENT
AFFORDABLE HOUSING DEED RESTRICTION
FOR EMPLOYEE HOUSING
STATE OF FLORIDA
COUNTY OF MONROE
Notice is hereby given that:
I. We, James E. & Barbara Jo Sharpe. a married couple, the undersigned are the
sole O\vners of certain real property, sItuated, lying and being in Monroe County,
State of Florida, described as follows:
Lot: 4 Block: 2
Subdivision: Sumrnerland Key Cove, Addition #2
Key: Surnmerland
Real Estate Number: 00190770,000000 PB: 4-100
II. Building Penn it Number is 03-1-5136 for one employee housing/commercial
apamuent.
Ill. Under the affordable housing provlslOns set forth in Chapter 9.5 ofMoilloe
County Land Development Regulations, the o\\ner or owners of the above-
described real property have been exempted from payment of "Fair Share Impact
Fees" for a commercial apartment/employee housing unit to be constructed on
said real property.
IV, The annual adjusted gross 1J1come for the owner-occupied or tenant/employee
occupied households does not exceed one hundred (l00) percent of the median
adjusted gross annual income within Monroe County
V. The rent (employee housing/tenant) will not exceed thirty (30) percent of the
median adjusted gross annual income divided by 12 for households within
Monroe County
VI. The Maximum sales price, owner oceupJed affordable honsing unit shall mean a
price not exceeding four and one-qualier (425) times the annual median
household income for Monroe CouIlty
VII. Under MOilloe County Code Section 9 5-266, the affordable housing conunercial
apamuent units are each restricted to a maxImum of one thousand three hundred
(1,300) square feet of habitable space for a pe:iod of at least thirty (30) years.
RE: 00190770.000000
Affordable housing deed restriction
page I of2
VIII. The applicants have used the aftordable housing program to gain additional
points in the pem1it allocation system pursuant to Monroe County Section 9.5.
122.3( 6)
-
IX The use of the dwelling is restricted to households that derive at least seventy
(70) percent of their household income from gainful employment in Monroe
County and meet the adjusted gross annual income l1mlts for median-income as
defined in section 9.5-4 (A-5)
X, The covenants shall be effective for thirty (30) years for each unit, but shall not
commence ruooing 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 remam 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.
XL All of the restrictions herein shall be binding upon any transferees, lessees, heirs,
assigns or successors in the chain of title,
We certifY that we are familiar with the infOlmation herein contained and that it is true
and correct to the best of my knowledge and behef; and we will abide by the above stated
restrictions pursuant to Monroe County Code Chapter 9.5 as may be amended from time
to time
WITNESSE :
20! 'J '~Ol \sei 'Jr10dC
(print/Type Name)
\dtLJm{jjIJ!tI{f&~
(Signature)
___? oSa n V MeAJese,-S
(Printltype Name)
James E. Sharpe
(Print/Type Name)
(~ E.
i nature~<3'G.bLb~~ /OA~
Barbara Jo Shame /5,-4,2, brWU J;; S A. A~1"'~
(Print/Type Name)
The foregoing instrument was acknowledged before me this ~_ day of
:r;; hr U~ ' 2 DD::5 A D, by James E. and Barbara Jo Sharpe who are
personally know 0 me or have produced ~'_'. as identification,
!/ v:.m. 'J j )
'. " I ". ," jfJ V
My co,,- ~ lJ/LJZfA-.. {j11J!..d.1
Nota.rYrfUbliC (SignatU..I e~/)I7" ) C "C
..... .~A is () n (I II M!f//e c./O
Notary Public (Print Name)
Page 2 of2
RE: 00190770,000000
Affordable Housing Deed Restriction
MONROE COUNTY ATTOIl'
APP"~~TO FOI
Dele: ~ 3d/'oS