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HomeMy WebLinkAboutItem W02 Liz Yongue From: Gomez-Krystal <Gomez-Krystal@MonroeCounty-FL.Gov> Sent: Monday, June 8, 2026 4:28 PM To: MGT; Agenda Distribution Group; County-Attorney; County Commissioners and Aides Cc: Gomez-Krystal Subject: ADD-ON ITEM W2 06/10/2026 BOCC MEETING Attachments: AIS 32269 Item W2.docx Good afternoon, Please be advised,the following Add On Item is set for inclusion day-of meeting prior to the approval of the Agenda: "Discussion and direction to allow staff to explore options for completion of sixteen remaining workforce housing units to be built at 95295 Overseas Highway, Key Largo, Florida (RE#00484390-000000) and to apply to preserve development potential pursuant to the Live Local Act required prior to July 1, 2026." The Agenda Item Summary is attached. Once approved,this will be considered Add On Item W2. Thanllc rez%�, �,-,rrystaC crontez Executive Administrative Coordinator Monroe County Administrator's Office 1100 Simonton Street, Suite 2-205 Key West, FL 33040 Office: 305-292-4441 Cell: 305-850-8694 Notary Public �y ------_-rv_� PLEASE NOTE: FLORIDA HAS A VERY BROAD RECORDS LAW. MOST WRITTEN COMMUNICATIONS TO OR FROM THE COUNTY REGARDING COUNTY BUSINESS ARE PUBLIC RECORDS AVAILABLE TO THE PUBLIC AND MEDIA UPON REQUEST. YOUR EMAIL COMMUNICATION MAY BE SUBJECT TO PUBLIC DISCLOSURE. 1 BOARD OF COUNTY COMMISSIONERS COUNTY of MONROE ! Mayor Michelle Lincoln,District 2 The Florida Keys m Mayor Pro Tem David Rice,District 4 Craig Cates,District 1 James K. Scholl,District 3 Holly Merrill Raschein,District 5 Regular Meeting June 10, 2026 Agenda Item Number: {{section.number}}{{item.number}} 26-32269 BULK ITEM: No DEPARTMENT: Housing and Real Estate TIME APPROXIMATE: STAFF CONTACT: Paunece Scull AGENDA ITEM WORDING: Discussion and direction to allow staff to explore options for completion of sixteen remaining workforce housing units to be built at 95295 Overseas Highway, Key Largo, Florida(RE400484390- 000000) and to apply to preserve development potential pursuant to the Live Local Act required prior to July 1, 2026. ITEM BACKGROUND: On June 18, 2025, the Board approved the expenditure of$6,867,100.00 of accumulated surplus tourist development tax revenue for the acquisition of land containing 11 new affordable housing units. The land associated with the project included 16 additional units on the land located at 95295 Overseas Highway, Key Largo, Florida, RE400484390-000000. To optimize the use of the property it may be beneficial for the County to explore partnership opportunities to support future development of additional housing on the property. An adjacent landholder has offered to include these units within their project area. Staff would like to explore this possibility; but, because of the original structure of the conditional use for the entire 28 units, known as Southcliff Estates, staff needs authorization to submit an application to the Planning Department for this potential opportunity. Staff have been working with the Monroe County Housing Authority on a potential lease for the existing units. This lease has not been fully negotiated at this point, and the Monroe County Housing Authority supports the County's effort to explore other opportunities to find the best solution for this development. Florida Statute Section 125.01055(7), commonly known as the Live Local Act,provides opportunities for the development of multifamily and mixed-use residential housing. The Act is scheduled to sunset on July 1, 2026. To preserve the site's development potential under the Live Local Act, staff is seeking authorization to submit the Live Local Act Authorization Application to the Monroe County Planning Department. PREVIOUS RELEVANT BOCC ACTION: December 11, 2024, Resolution No. 544-2024 was adopted, establishing the Monroe County Affordable Tourism Housing Program for purposes of funding affordable housing development projects which provide affordable housing available to Employees of Private Sector Tourism-Related Business int he County in accordance with Ch. 24-219, Section 4, Laws of Fla. June 18, 2025, Resolution No. 229-2025 was adopted approving the acquisition of 95295 Overseas Highway, Key Largo, Florida. INSURANCE REQUIRED: No CONTRACT/AGREEMENT CHANGES: n/a STAFF RECOMMENDATION: Authorize staff to submit the application for Live Local Act Authorization. DOCUMENTATION: FINANCIAL IMPACT: n/a Effective Date: 06/08/2026 Expiration Date: 06/08/2026 Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: No Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: No If yes, amount: Grant: No County Match: No