HomeMy WebLinkAboutResolution 059-1995
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RESOLUTION
059 - 1995
A Resolution of the Monroe County
Board of County Commissioners declaring
the need for a Housing Finance Authority to
function to alleviate a shortage of housing and
capital for investment in housing in the County,
reversing the action contained in Resolution No.
354-1993 Abolishing the Housing Finance Authority,
to conclude the necessary Monroe County Housing
Finance Authority existing business relating to
Housing Revenue Bonds Series A dated 1980 and
to appoint Board Members pursuant to
F.S. 159.600.
WHEREAS, the County of Monroe established a Monroe County
Housing Finance Authority by Ordinance No. 10-1979; and
WHEREAS, the Monroe County Housing Finance Authority in
conjunction with First Federal of the Florida Keys issued Housing Revenue
Bonds Series A dated 1980; and
WHEREAS, the Housing Revenue Bonds Series A dated 1980 have
matured and Sun Bank, the trustee for the Bond Issue desires to close out its
trust agreement; and
WHEREAS, the Monroe County Housing Finance Authority has not
met in the last four years and therefore all previous Board Members terms
have expired; and
WHEREAS, the Board of County Commissioners of Monroe County
in Resolution No. 354-1993 Abolished the Housing Finance Authority; and
WHEREAS, an Agency established by Ordinance may only be
abolished by Ordinance; and
WHEREAS, the Monroe County Housing Finance Authority would
expand the number of Affordable Housing programs the County of Monroe
and its residents could participate in.
NOW THEREFORE BE IT RESOLVED, the Board of County
Commissioners of Monroe County does hereby declare the continued need
for a Monroe County Housing Finance Authority to function to alleviate the
shortage of housing and capital for investment in housing in its area of
operation pursuant to Florida Statutes 159.604(1) and reverse the action
contained in Resolution No. 354-1993 Abolishing the Housing Finance
Authority and furthermore appoints the following Board Members pursuant to
Florida Statute 159.605(1).
Michael Ozegovich
Felix Otero
Juanita LeBaron
Rocky Hubert
Thomas Stevens
(Labor) - (4 yrs.)
(Finance) - (4 yrs.)
(Commerce) - (4 yrs.)
(At-Large) - (4 yrs.)
(At-Large) - (4 yrs.)
This resolution shall become effective immediately upon adoption by the
Commission, by the Presiding Officer and Clerk.
PASSED AND ADOPTED by the Board of County Commissioners of
Monroe County, Florida at a regular meeting of said Board held on the
21st OfFebroary A.D. 1995.
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
BY: cf~~~~w._
MayorlC . an
(SEAL)
ATTEST: 1fi 7i I~
~a1tn~ ~. ~~o"tage
Mayor Freeman
Mayor Pro Tem London
Commissioner Douglas
Commissioner Harvey
Commissioner Reich
yes
yes
yes
not present
yes
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Danny Ko age, lerk 0 e Court
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