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Resolution 123-2024 RESOLUTION NO. 123 -2024 A RESOLUTION OF 'THE BOARD OF CotJNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, RESCINDING RESOLUTION 041-2023, INCLUDING AN AGREEMENT FOR PURCHASE AND RESTRICTIVE COVENANT EXECtJ ED ONJANLJARY 18, 2023; RESCINDING AN ASSOCIATED PURCHASE AGREEMENT AMENDMENT' EXECUTED ON APRIL 19, 2023; AND REPLACIN("I SAID RESOLUTION WITH A RESOLUTION GRANTING APPROVAL OF A PURCHASE AGREEMENT OF PROPERTY FLJNDEJ) 13V THE COMMUNITY DEVELOPMENT BLOCK GRANT — DISASTER RECOVERV VOLUNTARY HOME BUYOUT I PROGRAM, APPROVING EXECUTION OF A RESIFRI("TIVE COVENANT RUNNING WITH I R THE LAND, AND APPROVING THE MOVEMENT OF MARKET RATE ROGO EXEMPTION FROM THE PROPERTY TOTiIE ADMINISTRATIVE RELIEF POOL FOR MARKET' RATIO; ALLOCATIONS. WHEREAS, Hurricane Irma impacted the P'lorida Keys on September 10, 2017 destroying or majorly damaging over 4,000 residential structures in Monroe County; and WHEREAS, The Florida Department of Commerce, formerly known as the Departi-nent of EC0410MIC Opportunity (DlEO)), developed a Community Development Block Grant - Disaster Recovery((`1J)BG-DR)Action Plan that detailed how the State will administer the funds statewide, The Action Plan allocated funding for the Voluntary Home Buyout Program (VF[BP) for the unincorporated portions of 1\/Ionroe County, The County was awarded$15 Million in funding;and W.11EREAS, the County adopted Resoltilion 150-2020 to accept and execute the VlfBP Subrecipient Agreement for the (.f)BG-DR, fending on May 20, 2020, which was amended by an Amendment to the VHBP Subrecipient Agreement approved on March 17, 202 1; and. WIJEREAS, 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 offuture 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 Res,oltilion 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 I'Linctions. This deed-restriction is provided for in a Page 1 of 3 "Declaration of Restrictive Covenant Running with the Land and Declaration of Restriction on Future Development"; and WHEREAS, The Board of County Commissioners previously approved Resolution 041-2023 approving a Purchase Agreement, approving execution of a Restrictive Covenant, and approving the movement of a market rate ROGO exemption from the property to the administrative relief pool for market rate allocations, which was adopted on January 18, 2023; and WHEREAS, The Board of County Commissioners previously approved Amendment One to Agreement for Purchase to extend the term of the Purchase Agreement, which was executed on April 19, 2023; and WHEREAS,the processing of the Purchase Agreement was delayed during a DEO monitoring event that took place in January and February of 2023; and WHEREAS, the matters that resulted from the monitoring were resolved in early 2024, and DEO approved the County to move forward with the delayed acquisition; and WHEREAS, the property owner that had signed the Purchase Agreement passed away during the delay; and WHEREAS,DEO has authorized the County to purchase the property from the Representative of the Owner's Estate, under the same terms and conditions of the prior Purchase Agreement; and WHEREAS, Monroe County is acquiring property through the VHBP for a purchase price of $825,000.00 plus closing costs. This acquisition has been reviewed and approved by DEO per the terms of the Subrecipient Agreement; and WHEREAS, Monroe County has one (1) ROGO Exemption on the property; and WHEREAS, said one(1)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 LipLjislative Intent. The foregoing recitals and statements of legislative intent are true and correct and are hereby incorporated as if fully stated herein. Page 2 of 3 Section 2. This resolution. shall become effective upon its adoption by the Monroe County Board of County Commissioners. Section 3. This resolution hereby rescinds and replaces Resolution 041-2023, which was adopted on January 18, 2023. The Purchase Agreement and Declaration of Restrictive Covenant Running with the Land and Declaration of Restriction on Future Development approved by Resolution 041-2023 and executed on January 18, 2023, are hereby rescinded. Amendment One to Agreement for Purchase, executed on April 19, 2023, is hereby rescinded. Section 4. This resolution authorizes the Mayor to execute the Purchase Agreement attached hereto as Exhibit A. Section 5. 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. Sectio.n_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. Property Record Card attached hereto as Exhibit C. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] Page 3 of 3 PASSED AND ADOPTED by the Board of.Cpunty Commissioners of Monroe County, . Florida, at a regular meeting of said Board held on the 7e0th day of March 2024. Mayor Holly Merrill Rdschein.,.DistriOt 5 Yes Mayor Pro Tem James K.-, Scholl, District :3 Yes Comtnisioner Craig Cates, District 1 Yes .Commissioner Michelle Lincoln., District 2 Yes Commissioner David Rice, District 4 Yes 1: f3,0 74 :tai\th ,lyiN MADOK, CLERK.,, ,... BOARD OF COUNTY COMMISSIONERS Iff'jj. triikk, • r'.:1#\,-11. --'I'" .._1 OF MONROE COUNTY, FLORIDA. ........ ''Y.;:,;•;?:!!Ir';'8,,-,,;.-41.2:05i,',,-4' - c , 13 ' As . eputy Cle . :.: Holly Merrill Kaschein, Mayor MONROE COUNTY ATTORNEY APPROVED.A S',:-:71:41:-FORM ,;:e2''' _;,•,,,,,,,,,,,-.''' ''''--7--- 7_,!..7-;-.'ff'' ..-_,,-.--.----,- :Kelly Dugan ASSISTANT COUNTY ATTORNEY Date: _ '-')-,[14; I 9q, a ',-----5 — C) :....„. 1....... z: it • in c.,_). ,c--..),c-, i'V Xi.• .'---.--'' = rri :<.--- 4„,„,, (7). C), ..,., CD '!:".• 47%,' ''"wi Page 4 of 3