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RESOLUTION NO. ________
APPROVAL OF A RESOLUTION OF THE MONROE COUNTY
COMPREHENSIVE PLAN LAND AUTHORITY APPROVING
$1,382,856 IN CONSTRUCTION FUNDING TO THE CITY OF
KEY WEST FOR THE KEY WEST HOUSING AUTHORITYÓS
CONVERSION OF THE ASSISTED LIVING FACILITY AT
POINCIANA GARDENS TO PERMANENT AFFORDABLE
HOUSING ON PROPERTY LEGALLY DESCRIBED AS A
PORTION OF LOTS 1-12, BLOCK 18, KEY WEST FOUNDATION
COMPANY'S PLAT NO. 2 AS RECORDED IN PLAT BOOK 1, AT
PAGE 189, LOCATED AT 1664 DUNLAP DRIVE, KEY WEST,
FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS
SHOWN IN EXHIBIT A, WITH ID# 00054250-000000, SUBJECT
TO A LAND USE RESTRICTION AGREEMENT (LURA), AND
WITH DISBURSEMENT OF THE FUNDING PENDING
AVAILABILITY OF FUNDS, RECEIPT OF AN UPDATED
PROFORMA VERIFYING CONSTRUCTION COSTS, AND
RECEIPT OF BUILDING PERMITS FROM THE CITY OF KEY
WEST; AND AUTHORIZING THE CHAIRMAN AND EXECUTIVE
DIRECTOR TO EXECUTE DOCUMENTS NECESSARY TO
IMPLEMENT THE RESOLUTION.
______________________________________________
WHEREAS, as evidenced by Resolution 25-244, the City of Key West has requested the
Monroe County Comprehensive Plan Land Authority (hereinafter MCLA) provide $1,382,856 to
the City of Key West for the Key West Housing AuthorityÓs project to convert the Poinciana
Gardens Senior Living Complex Assisted Living Facility to permanent affordable housing, on
land described in Exhibit A, in Key West at Poinciana Plaza (ÐSubject PropertyÑ); and
WHEREAS, the City of Key West has requested $1,382,856 be disbursed during MCLAÓs fiscal
year 2026; and
WHEREAS, Section 380.0666(3)(a), Florida Statues, empowers MCLA to utilize tourist impact
tax revenue in the Key West fund toward the construction of affordable housing in Key West;
and
WHEREAS, said permanent affordable housing units will be limited for income eligible
households whose income does not exceed 160 percent of the Area Median Income in
accordance with section 380.0666(3)(a), Florida Statues; and
WHEREAS, the Land Authority Advisory Committee considered this resolution at a meeting held
on September 24, 2025 and voted 4/0 to recommend approval; NOW, THEREFORE,
BE IT RESOLVED BY THE MONROE COUNTY COMPREHENSIVE PLAN LAND
AUTHORITY:
Section 1. The above recitals are true and correct and incorporated herein.
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