Item L3
BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date: DECEMBER 20. 2006
Division: Monroe County Housing Authority
Bulk Item: Yes X
No
Department: Special Programs Office
AGENDA ITEM WORDING: A RESOLUTION OF THE BOARD OF COUNTY
COMMISSIONERS OF MONROE COUNTY, FLORIDA ADOPTING AN AMEND.MENT TO THE
MONROE COUNTY STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM
APPROVING AN INCREASE IN THE AREA MEDIAN PURCHASE PRICE LIMIT.
ITEM BACKGROUND: The purpose of this amendment is to increase funding opportunities to
existing homeowners requiring rehabilitation due to the condition of the structure or damage sustained
during the 2005 hunicane season by increasing the Area Median Purchase Price Limit..
PREVIOUS RELEVANT HOCC ACTION: Approval by Resolution of Amendment 2 to the State
Housing Initiatives Partnership (SHJP) Local Housing Assistance Plan (LHAP) for State of Florida
fiscal years 2004-2005, 2005-2006, 2006-2007.
CONTRACT! AGREElVIENT CHANGES:
N/A
STAFF RECOMlVIENDATION:
Approval
TOTAL COST:
$-0-
BUDGETED: Yes No
COST TO COUNTY:
$-0-
SOURCE OF FUNDS: N/A
REVENUE PRODUCING: Yes No _X_ AMOUNT PER: Month Year
APPROVED BY: ;y. ~ O:MB/Purchasing _ Risk Management
APPROVED BY:
~.
nuel Castillo, Sr., Executive Director
Monroe County Housing Authority
DOCUMENTATION:
Included
To Follow
Not Required
DISPOSITION:
AGENDA ITEM #
RESOLUTION
- 2006
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA APPROVING AN INCREASE IN THE MONROE COUNTY
STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM AREA
MEDIAN PURCHASE PRICE LIMIT.
WHEREAS, it is the desire of Monroe County to continue to successfully implement the Monroe County
State Housing Initiatives Partnership (SHIP) Program providing financial assistance to the County's velY low,
low and moderate-income residents for the purpose of buying, rehabilitating or building affordable housing,
and;
WHEREAS, without an increase in the SHIP Program Area Median Purchase Price, Monroe County cannot
successfully implement the Monroe County State Housing Initiatives Partnership (SHIP) Homebuyers,
Disaster Mitigation and Housing Rehabilitation Programs, and;
WHEREAS, the average sales price of existing single family homes far exceeds the current SHIP Program
Area Median Purchase Price of $343,799, and;
WHEREAS, the Monroe County SHIP Program has secured a market study required under Florida Statute
420.9075(4)(c) necessary for Monroe County to increase the existing SHIP Program Area Median Purchase
Price limits.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Monroe County,
Florida, that the County hereby:
Approves and adopts an increase in the Monroe County State Housing Initiatives Partnership (SHIP)
Program Area Median Purchase Price Limit to $540,000.00 for existing and new construction
properties. Said Resolution is to be incorporated into the State Housing Initiatives Partnership
(SHIP) Program's Local Housing Assistance Planfar fiscal years 2004-2005,2005-206,2006-2007.
PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County, Florida at a regular
meeting of said Board on the _ day of , A.D., 2006
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
Mayor Di Gennaro
Mayor Pro Tem Spehar
Commissioner McCoy
Commissioner Murphy
Commissioner Nugent
By:
Mayor Mario Di Gennaro
SEAL
ATTEST:
Approved as to legal sufficiency:
MONROE COUNTY ATTORNEY
APP A FORM:
Pate:
SUZANNE A. HUTTON
CO;Wl~T?~!Y
/ r
Date