Resolution 205-1979
RESOLUTION NO. 205 -1979
A RESOLUTION OF THE COUNTY OF MONROE, FLORIDA,
DECLARING THE NEED FOR A HOUSING FINANCE
AUTHORITY TO FUNCTION TO ALLEVIATE A SHORTAGE
OF HOUSING AND CAPITAL FOR INVESTMENT IN
HOUSING; APPOINTING THE MEMBERS OF SAID
HOUSING FINANCE AUTHORITY AND ESTABLISHING
THEIR RESPECTIVE TERMS OF OFFICE; PROVIDING
THE EFFECTIVE DATE OF THIS RESOLUTION; AND
PROVIDING CERTAIN OTHER DETAILS WITH RESPECT
THERETO.
WHEREAS, the Board of County Commissioners of Monroe
County, Florida, by Ordinance No. 10-1979 (the "Ordinance"),
created the Monroe County Housing Finance Authority (the
"Authority") to alleviate a shortage of housing and capital
for investment in housing in Monroe County, Florida; and
WHEREAS, pursuant to the Ordinance and the Florida Housing
Finance Authority Law, Section 159.601 et seg., Florida Stat-
utes (the "Act"), the Authority may not transact business or
exercise any powers until the Board of County Commissioners
declares the need for the Authority to function to alleviate
a shortage of housing and capital for investment in housing;
and
WHEREAS, the Board of County Commissioners has determined,
after reviewing appropriate information, and being aware of
the general state of the local economy and rapidly increasing
housing costs and shortages of sufficient low-cost capital for
housing in the County, that there is a need for the Authority
to function; now, therefore,
BE IT RESOLVED BY THE BOARD OF COUNTY CO}fMISSIONERS OF
MONROE COUNTY, FLORIDA:
Section 1.
It is hereby found, determined and declared
that:
(a) Within the County there is a shortage of hous-
ing available at prices or rentals which many persons and
families can afford and a shortage of capital for investment
in such housing. This shortage constitutes a threat to the
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APPROVED ON
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health, safety, morals, and welfare of the residents of the
County, deprives the County of an adequate tax base, and
causes the County to make excessive expenditures for crime pre-
vention and control, public health, welfare and safety, fire
and accident protection, and other public services and
facilities.
(b) The shortage of capital and housing cannot be
relieved except through the encouragement of investment by
private enterprise and the stimulation of construction and
rehabilitation of housing through the use of public financing.
(c) The financing, acquisition, construction, recon-
struction and rehabilitation of housing and of the real and
personal property and other facilities necessary, incidental
and appurtenant thereto are exclusively public uses and pur-
poses for which public money may be spent, advanced, loaned
or granted and are governmental functions of public concern.
(d) There is a need for the Authority to function
to alleviate the shortage of housing and capital for invest-
ment in housing within the County.
Section 2.
Pursuant to Florida Statutes 159.605(3),
the members of the Monroe County Board of County Commissioners
shall act as a Housing Finance Authority until the said
governing body of the County for which the Housing Finance
Authority is created shall appoint members thereto. Further,
in accordance with said Act, Don Schloesser is hereby
designated as the Interim Chairman of the Authority.
Section 3.
All resolutions or parts of resolutions in
conflict with the provisions hereof are hereby repealed.
Section 4.
This Resolution shall become effective on
September 18, 1979.
By
(Seal)
At,tes t :
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Clerk
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