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Resolution 071-2022 SOLUTION NO. 071-2022 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, GRANTING APPROVAL OF A PURCHASE AGREEMENT OF PROPERTY FUNDED Y THE COMMUNITY DEVELOPMENT BLOCGRANT—DISASTER RECOVERY VOLUNTARY HOME BUYOUT PROGRAM, APPROVING EXECUTION OF A RESTRICTIVE COVENANT RUNNING WITH THE LAND, AN APPROVING THE MOVEMENT OF A MARKET RATE ROGO EXEMPTION FROM THE PROPERTY TO THE ADMINISTRATIVE RELIEF POOL FOR MARKET RATE ALLOCATIONS. WHEREAS. Hurricane Irma impacted the Florida Keys on September 10, 2017 destroying or nrajorly damaging over 4,000 residential structures in Monroe County; and WHEREAS, The Department of Economic Opportunity (DEO) developed a Community Development Block Grant - Disaster Recovery (CDBG-DR) Action Plan that detailed [row 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 1 0-2020 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 Delp reduce the impact of fixture 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 irnprovements 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 Resolution Page 1 of 3 W11`1ER11^,AS, 1Vlorir'1011C ('1011111119N' iS nWCJLdnng q,'jln,,)perly throt.igh 11JI-lirr" 1-Z.,wa piu,wcfiase ruricc of 55(11,(110 0 (11(11 This rrr"r'icw .,ill and al-jpri�.ivieid by I)F"O ttrrns WIIERI�,AS,the res',icle nce'mas iri V 963, and thiciri -.dore 1"4(..'mrot- ('ourill[y ka!s c'inc (I ), k0G101 Emnription on. and W'1[1E1-"EA S, s.,aid one (1)1 rnairket ratc, lt()('ioi F(,t-,nipGon are ni('111. 1'11CC(Jc(J I.hrr,, rcdcn ,,Iopniicnt NIJIEREAS, t[iirr,, 131(".)(71C is, i'nov rq, (,,,iiine (11), aiarkiet irate ROCK, tin the Relief fd,r n'mrket irate al[oicafic,ns,, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA: Section 1. Recitals and Lejoi slative 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 B. Section 4. The resolution authorizes the Monroe County Planning Department to move one (1) market rate ROGO Exemptions to the Administrative Relief pool for market rate allocation. The 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 16 1h day of February 2022. Resolution Page 2 of 3 Mayor David Rice, District 4 Yes Mayor Pro Tem Craig Cates, District I Yes Commissioner Michelle Coldiron, District 2 Yes Vacant, District 3 Vacant Commissioner Holly Merrill Raschein, District 5 Yes CLERK BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY. FLORIDA By: ID�o l6�ur„� i re `n��4 ,o�rrq��>a�„��a�wm r By As Deputy Clerk Mayor UN A F l FOR A E to A 7 :EAS—T _ e. Resolution Page 3 of