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Resolution 032-2022 RESOLUTION O 2022 ' ___.._._ .... A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, GRANTING APPROVAL OF A PURCHASE AGREEMENT OF PROPERTY FUNDED BY THE COMMUNITY DEVELOPMENT LOCK G RANT DISASTER RECOVERY VOLUNTARY HOME BUYOUT PROGRAM, APPROVING EXECUTION OF A RESTRICTIVE COVENANT RUNNING WITH THE LAND, AND APPROVING THE MOVEMENT ENT OF A MARKET RATE ROG EXEMPTION FROM THE PROPERTY TO THE ADMINISTRATIVE RELIEF POOL FOR MARKET RATE ALLOCATIONS. WHEREAS. I lurricane Irma impacted the Florida Keys on September 10. 2017 destroying or majorly damaging over 4.000 residential structures ir7 Monroe County. and WHEREAS, The Department of Economic Opportunity (DEOO) developed a Community Development Block Grant - Disaster Recovery (CDBG-DR) Action flan that detailed how the State will administer the funds statewide. The Action Plan allocated funding 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 on March 17. 2021; and WHEREAS, the purpose of Rebuild Florida's CDBG-DR Voluntary Home Buyout Program 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 Resolulion 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 1 of 6 WHEREAS. Monroe County is acquiring property through the VI IBP for a purchase price of $725.000.00. This acquisition has been reviewed and approved by DEO per the terms of the Subrecipient Agreement.- and WHEREAS, the residence Was constructed in 1988 and therefore Monroe County has one ( I ROGO Exemption on the property-, and WHEREAS, said one (1) market rate ROGO F'xernpflon are not needed for the rede%clopn-ient of the site, and WHEREAS, the BOCC is movina one (1 ) market rate ROGO FAemption 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 Le14tiY e Intent.. foregoing 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 avith the Land and Declaration of'Restriction on Future Development. attached hereto as Fxhibit B. Section 4. The resolution authorizes the Monroe County Planning Department to move one (I ) market rate ROGO Exemption to the Administrative Relief pool for market rate allocation. 'file Property Record Card is 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 2 1" day of January 2022. Page 2 of 6 Mayor David Rice, District 4 ayor Pro Tern Cates. District A des Commissioner MicheHe ColdironA District. 2 _ Q,, C rurnissi( net- Holly Merrill Raschein. District 5 Yes ox Vacant. District 3 Yacant MAIJOK,, CLERK lip OFMONROl" COUNTY. FLORIDA i- � 0 By° M COUNTY AlTORNEYS OFFICE PAUNECE SCULL ASSISTANT A PiEY DATE n'W Page 3 of 6