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Resolution 029-2022 RESOLUTION NO. 029-2022 A RESOLUTION OF THE BOARD OF COUNTS' COMMISSIONERS OF MONROE COUNTY, FLORIDA, GRANTING APPROVAL OF A PURCHASE AGREEMENT OF PROPERTY FUNDED BY THE COMMUNITY DEVELOPMENT BLOCK GRANT— DISASTER RECOVERY VOLUNTARY HOME BUYOUT PROGRAM, APPROVING EXECUTION OF A RESTRICTIVE COVENANT RUNNING WITH THE LAND, AND APPROVING THE MOVEMENT OF A MARKET RATE ROGrO EXEMPTION FROM THE PROPERTY TO THE ADMINISTRATIVE RELIEF POOL FOR MARKET RATE ALLOCATIONS. WHEREAS. Ilurricane Irma impacted the Florida Keys on September 10. 2017 destroying or majorly damaging over 4.000 residential structures in Monroe County. and WHEREAS, The Department of l conornic Opportunity (DFO) developed a Community Development Block Grant - Disaster Recovery (CDBG-DR) Action Plan that detailed how the State will administer the funds statewide. The Action Plan allocated lundin- for the Voluntary Home Buyout Program (VHBP) for the unincorporated portions of Monroe County. The County was awarded $15 Million in funding, and WHEREAS, the County adopted Resolution 150-2020 to accept and execute the VHBP Subrecipient Agreement for the CDBG-DR funding on May 20, 2020, which was amended by an Amendment to the VHBP Subrecipient Agreement approved oil March 17, 2021; and WHEREAS, the purpose of Rebuild Florida's CDBG-DR Voluntary Home Buyout Prograrn is to acquire properties that are in high-risk flood areas to help reduce the impact of future disasters. and to assist property owners to relocate to less risk prone areas. The Subrecipient Agreement requires the County to restrict VHBP acquired properties to uses stated in the County`s grant application. The application included Resolution 224-2019 which stated the county's intention was to deed-restrict the properties in perpetuity to open space uses, storm water improvements or to restore and conserve the natural floodplain functions. This deed-restriction is provided for in a "Declaration of Restrictive Covenant Running with the Land and Declaration of Restriction on Future Development and Page I of WHEREAS. Monroe COWIN is acquiring property through the VI I BP for a purchase price of` $245.000.00. This acquisition has been reviewed and approved by DF0 per the terms of the SUbrecipient Agreement-. and WHEREAS, Monroe COMM has one (I ) ROGO Exemption on the property-. and WHEREAS, said one (I ) market rate ROGO Exemption are not needed for the redevelopment of the site: and WHEREAS, the BOCC Is moving one (1) market rate ROGO Exemption to the Administrative Relief pool for market rate allocations. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY. FLORIDA: Section 1. Recitals and Legislative Intent: The foregoing recitals and statements of legislative intent are true and correct and are hereby incorporated as if fully stated herein. Section 2. This resolution shall become effective upon its adoption by the Monroe County Board Of County Commissioners. Section 3. This resolution authorizes the Mayor to execute the Purchase Agreement attached hereto as Exhibit A. Section 4. The resolution authorizes the Mayor to execute the Declaration of Restrictive Covenant Running with the Land and Declaration of Restriction on Future Development. attached hereto as Exhibit 11. Section 4. The resolution authorizes the Monroe County Planning Department to move one (1) market rate ROGO Fxernption to the Administrative Relierpooi tlor market rate allocation. ROGO Exemption letter attached hereto as Exhibit C. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County. Florida, at a regular meeting of said Board held on the 21 day ol'JanUary 2022. Mayor David Rice. District 4 Yes Mayor Pro Tern Craig Cates, District I Yes Commissioner Michelle Coldiron. District 2 -yes Vacant, District 3 Vacant Commissioner Holly Merrill Raschein, District 5 Yes Page 2 of 6 w BOARD Ot,' (.'O(..JN'I'Y COMMISSIONERS Mayor COUNTY ATTORNEY'S OFFICE APP T F F; A � F DATE: PAUNECE SCULL ASSISTANT TT NTY ' Page 3 of