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Resolution 110-2006 EXHIBIT A RESOLUTION NO. 110 -2006 CJ\ ct: ~ w1\ RESOLUTION OF THE BOARD OF COUNTY ~?i~~OMMISSIONERS OF MONROE COUNTY, FLORIDA, 1 '-" l-- 9~~UTHORIZING THE CONVEYANCE OF LOT 22, BLOCK -,j~~, PUERTA DEL SOL SUBDIVISION IN MARATHON TO >-~iDHE HABITAT FOR HUMANITY OF THE MIDDLE KEYS ~u~MMUNITY LAND TRUST, INC. FOR THE PURPOSE OF c3 ~OVIDING AFFORDABLE HOUSING o - 0:: - o - (.) s: W "- ex:: lY-. r0- o N lI.- c:: o ct w x: d g u.. ~ WHEREAS, the Board of County Commissioners of Monroe County, Florida ("Board") obtained a parcel of land from the Monroe County Comprehensive Plan Land Authority on October 19, 2005, for the purpose of building affordable housing; and WHEREAS, this parcel is legally described as Lot 22, Block D, Puerta del Sol Subdivision, according to the plat thereof as recorded in Plat Book 3, Page 117 of the Public Records of Monroe County, Florida ("Property"); and WHEREAS, The Habitat for Humanity of the Middle Keys Community Land Trust, Inc. ("Trust") is a Florida non-profit corporation which has applied to the Board for the transfer of the Property to the Trust; and WHEREAS, the purpose of the Trust is to acquire real property, enable construction of housing for very low, low and moderate income persons for lease or purchase subject to a ground lease with the Trust, in order to preserve said real property as residential affordable housing in perpetuity; and WHEREAS, the Board finds that there is an acute need in Monroe County for affordable housing and the Trust is able to develop the Property at this time for that purpose; and WHEREAS, the Trust has not developed a resale formula pursuant to Article XI of its bylaws; and WHEREAS, the Property is not needed for any other county purpose, and development by the Trust serves the public and community interest and welfare; and WHEREAS, such a conveyance is authorized pursuant to Florida Statute Sec.125.38; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY: Section 1. That the Property shall be conveyed by Monroe County by execution of a deed signed by its Mayor or Mayor Pro Tern to the Trust for the price of Ten Dollars ($10.00). Section 2. That the Trust shall pay any costs associated with this transaction. Section 3. That the following restrictions shall apply and shall be referenced on the deed by Resolution Number which resolution shall be attached thereto: Page 1 of2 EXHIBIT A A. That any transfer of an owner's interest in improvements shall be contingent upon the Trust maintaining the right of first refusal on transfers and sales of improvements to the Property or providing the Seller with a qualified Buyer. B. That the Property shall revert to Monroe County if the Trust is dissolved or the Trust sells the property other than as affordable housing. C. That the resale formula for this property shall be the resale formula used by Monroe County for affordable housing. D. That improvements located on the property shall be owner occupied and used as the homeowner's primary residence. E. That the property may not be encumbered for any purpose except for encumbrances for projects resulting in capital improvements to the property and encumbrances imposing additional affordability covenants. F. Future use of the property is limited to use for single family housing by very low, low or moderate income persons as defined in Sec. 420.0004, Florida Statutes or as amended. G. Grantee Trust is responsible for insuring compliance with the affordability covenants contained herein and expressly agrees to furnish, upon Grantor Board's request, written certification of compliance. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of the Board held on the 15thdayof March ,2006. Mayor Charles "Sonny" McCoy Mayor Pro Tern Murray Nelson Commissioner George Neugent Commissioner David Rice Commissioner Dixie Spehar Yes Yes Yes Yes Yes Atte~!: DANNY L. KOLHAGE, CLERK -1 iff ':: ,~. _ "CC. fu~~Jwn'tz~ lerk BOARD OF COUNTY COMMISSIONERS OF MONROE UNTY, FLORIDA By: Date: ;1.- 6- t/ h MONROE COUNTY ATTORNEY APPROVED AS TO F M: Page 2 of2 SUSAN M. GRI ASSISTANT COUNTY THIS INSTRUMENT PREPARED BY AND RETURN TO: Susan M. Grimsley, Assistant County Attorney P.O. Box 1026 Key West, Florida 33041-1026 Property Appraisers Parcel Identification (Folio) Number: 00341680-000000 SPACE ABOVE THIS LINE FOR RECORDING DATA THIS DEED, made the 15th day of March, 2006, by Monroe County, a political subdivision of the State of Florida, whose address is 500 Whitehead Street, Key West, Florida 33040, herein called the Grantor, to The Habitat for Humanity of the Middle Keys Community Land Trust, Inc., whose address is Post Office Box 500067, Marathon, Florida 33050, hereinafter called the Grantee: (Wherever used herein the terms "grantor" and "grantee" include all the parties to this instrument and the heirs, legal representatives and assigns of individuals. and the successors and assigns of corporations) WIT N E SSE T H: That the Grantor, for and in consideration of the sum of TEN AND 00/1 OO'S ($10.00) Dollars and other valuable considerations, receipt whereof is hereby acknowledged, hereby grants, bargains, sells, aliens, remises, releases, and conveys unto the Grantee the following described land lying and being in Monroe County, State of Florida: Lot 22, Block D, PUERTA DEL SOL SUBDIVISION, according to the plat thereof as recorded in Plat Book 3, Page 117, of the Public Records of Monroe County, Florida. Subject to affordability covenants referenced in the deed from the Monroe County Comprehensive Plan Land Authority to Monroe County recorded at OR Book 2166, Page 1984. Subject to easements, restrictions and reservations of record and taxes for the year 2006 and thereafter. SUBJECT TO: Affordability Covenants and Restrictions in favor of Grantor herein, as adopted by Resolution Number 110-2006 of the Monroe County Board of County Commissioners attached hereto as Exhibit A. THE PROPERTY CONVEYED HEREIN IS NEITHER THE DOMICILE NOR THE HOMESTEAD OF THE GRANTOR HEREIN NOR HISIHER SPOUSE NOR ANY OF HISIHER IMMEDIATE HOUSEHOLD AS DEFINED BY THE LAWS OF THE STATE OF FLORIDA. IN WITNESS WHEREOF, the Grantor has caused these presents to be executed in its name by its Boar,gJ~fA.~.~nty Commissioners acting by the Mayor/Chairman or Mayor Pro TemNice Chair of said b~~l1e'~1::Aa4 year aforesaid. l~/',/'c ,., .,~ C::c,;'-<, ',"." ' f','(SEAL}/' \k, ~,>\ ,.,\ BOARD OF COUN MMISSIONERS , .' ", \J" OF MONROE C , FLORIDA _ "1 ! ;;/' ':I\.TTESr: DANNYL. KOLHAGE, CLERK By /' ~~c. . L2-u'A~ Mayor/Chai Clerk/DeputyClerk