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HomeMy WebLinkAboutLegislation- City of Miami City Hall 3500 Pan American 4 r :.E Drive Legislation Miami, FL 33133 ? O F1Q www.miamigov.com Resolution File Number: 10-00174 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE CITY OF MIAMI ("CITY") LOCAL HOUSING ASSISTANCE PLAN ("LHAP"), ATTACHED AND INCORPORATED, FOR THE PERIOD OF JULY 1, 2010, THROUGH JUNE 30, 2013, FOR THE CONTINUED PARTICIPATION OF THE CITY IN THE FLORIDA STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") PROGRAM; AUTHORIZING THE CITY MANAGER TO SUBMIT A PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION; FURTHER AUTHORIZING THE CITY MANAGER TO EXECUTE ALL NECESSARY DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, TO IMPLEMENT THE TERMS AND CONDITIONS OF THE SHIP PROGRAM AND THE LHAP. WHEREAS, in July, 1992, the State of Florida enacted the William E. Sadowski Affordable Housing Act ("Sadowski Act"), which provides for the allocation of a portion of new and existing documentary stamp taxes on deeds on real estate transactions to local governments for the development and maintenance of affordable housing; and WHEREAS, the Sadowski Act provided a dedicated revenue source for affordable housing and created the State Housing Initiative Partnership ("SHIP") Program; and WHEREAS, pursuant to Florida Statute, Section 420.9072(2)a, a county or eligible municipality must submit to the Florida Housing Finance Corporation its local housing assistance plan describing the local housing assistance strategies to be eligible to receive funds under the program; and WHEREAS, the City of Miami's ("City's") current Local Housing Assistance Plan ("LHAP") will expire on June 30, 2010; and WHEREAS, the Administration is recommending approving the City's LHAP, attached and incorporated, for the period of July 1, 2010 through June 30, 2013; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The City's LHAP, attached and incorporated, for the period of July 1, 2010 through June 30, 2013, for the continued participation- of the City in the Florida SHIP Program, is approved. Section 3. The City Manager is authorized{1} to submit the plan to the Florida Housing Finance Corporation for review and approval and to execute all necessary documents to implement the terms City of Miami Page I of 2 File Id: 10-00174 (Version: 1) Printed On: 2/2212010 File Number. 10-00174 and conditions of the SHIP Program and the LHAP. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{2} APPROVED AS TO FORM AND CORRECTNESS,,, e JULIE O. 13 Q CITY ATTOR J Footnotes: {1} The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code provisions. {2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. city ofMiami Page 2 of 2 File Id: 10-00174 (!Version: I) Printed On: 2122/2010