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Item Q4 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: August 17,2005 Division: Growth Management Bulk Item: Yes No -X-- Department:Planning and Environmental Resources Staff Contact Person: K. Marlene Conaway AGENDA ITEM \VORDING: A public hearing to consider an ordinance to create Section 9.5-123.1 and revise Section 9.5~4 and Section 9.5-266 of the Monroe County Land Development Re!,rulations. The Planning Department is requesting that this item be postponed to the October 19, 2005 Board meeting because the Planning Commission continued the discussion of this item to the Marathon Planning Commission meeting on September 14, 2005. ITEM BACKGROUND: To authorize the placement of an affordable housing deed restriction on an existing residential unit in return for receiving a market rate dwelling unit allocation. This market rate allocation shall be deducted from the available pool of affordable housing dwelling unit allocations and may be used on any lot within Tier III designated area outside of Big Pine Key and No Name Key and must be in compliance with all requirements of the comprehensive Plan and Monroe County Code. PREVIOUS RELEVANT BOCC ACTION: None CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval. TOTAL COST: N/A BUDGETED: Yes No COST TO COUNTY: N/A SOURCE OF FUNDS: REVENUE PRODUCING: Yes NI A No AMOUNT PER MONTH_ Year APPROVED BY: County Atty -L OMBIPurchasing ~jRJ7k Management ~ ;(fl! , II III j DOCUMENTATION: Included DIVISION DIRECTOR APPROVAL: DISPOSITION: AGENDA ITEM # Revised 2/05