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Resolution 526-2000 RESOLUTION 526 - 2000 A RESOLUTION APPROVING AN INCREASE IN MONROE COUNTY'S STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAMS MAXIMUM SALES PRICE LIMITS. WHEREAS, it is the desire of Monroe County to continue to successfully implement the Monroe County/SHIP First Time Homebuyers Program assisting low and moderate-income first time home buyers in pursuing homeownership opportunities, and; WHEREAS, the average sales price of existing single family homes far exceeds the current SHIP maximum sales price limits, and; WHEREAS, without an increase in the maximum sales price limit Monroe County could not successfully implement the Monroe County/SHIP First Time Homebuyers Program WHEREAS, the Florida Legislature has adopted changes to Florida Statutes Chapter 420.9075 (4)(c) providing a mechanism for local governments to seek an increase in the SHIP Programs maximum sales price limits, and; WHEREAS, The Special Programs Office, Monroe County Housing Authority has completed a Local Government Independent Study required under Florida Statute 420.9075 (4)(c), and; WHEREAS, The Florida Housing Finance Corporation's SHIP Review Committee has endorsed the methodology under which the proposed increase in SHIP maximum sales price was established; NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners of Monroe County, Florida, that the County hereby: Approves and adopts an increase in Monroe County's State Housing Initiatives Partnership (SHIP) Programs to $155,000 for existing and new construction properties. Said Resolution is incorporated into the State Housing Initiatives Partnership Program's Local Housing Assistance Plan for fiscal years 1998-1999, 1999-2000,2000-2001, as ameded .:r _ Q C::l - ." :1::> -_ PASSED AND ADOPTED, by the Board of County Commissioners of Monroe C~ FI.da{;i a regular meeting on said Board on the 13th day of Decembe,rA.D.,2000 n?';:: ~'."O On. \0 C::o:.x: <:) BOARD OF COUNTY COMMISSIO~ :tlIt .:0 ~, ONROECOUNTY,FLORIDA ~ ,:-~.s =," ~ t r- ~ H, c-) r~ 'I\) 0- ~ _ ~~ "," fg Chairman Geor ed~~t ~ N~ 'O~ ~ \." ::: % Mayor Neugent Mayor Pro Tem Williams Commissioner McCoy Commissioner Nelson Commissioner Spehar ~ ~ yes r Date: /'2 -r --~ ~ ~ SEAL ATTEST: Approved as to form and legal sufficiency: Page 1 of 1