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HomeMy WebLinkAboutMaster ReportCity of Miami Master Report Enactment Number: R-04-0153 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 04-00160 Version: 2 File Type: Resolution Status: Passed Reference: Controlling Body: File Name: To approve the SHIP program's 2004-2007 LHAP plan Introduced: Requester: Department of Community Cost: Final Action: Development Office of the City Clerk 2/17/2004 3/11/2004 Title: 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, 2004, THROUGH JUNE 30, 2007, FOR THE CONTINUED PARTICIPATION OF THE CITY IN THE FLORIDA STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") PROGRAM; CONFIRMING THE USE OF THE MAXIMUM SALE PRICE DETERMINED BY THE FLORIDA HOUSING FINANCE CORPORATION'S BOND PROGRAM, CURRENTLY AT AN AMOUNT NOT TO EXCEED $199,117, FOR A NEW HOME, AND AN AMOUNT NOT TO EXCEED $173,701, FOR AN EXISTING HOME, FOR THE CITY'S SHIP PROGRAM MAXIMUM SALE PRICE; CONFIRMING THAT FIVE PERCENT (5%) OF THE SHIP ALLOCATION PLUS FIVE PERCENT (5%) OF SHIP PROGRAM INCOME IS INSUFFICIENT TO ADEQUATELY PAY THE NECESSARY COSTS OF ADMINISTERING THE LHAP; AUTHORIZING THE USE OF TEN PERCENT (10%) OF THE CITY'S ANNUAL SHIP ALLOCATION PLUS FIVE PERCENT (5%) OF SHIP PROGRAM INCOME TO COVER ADMINISTRATIVE EXPENSES ASSOCIATED WITH THE IMPLEMENTATION OF THE SHIP PROGRAM; AUTHORIZING THE CITY MANAGER TO SUBMIT A PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION; AND 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. Sponsors: Notes: Indexes: Attachments: 04-00160-cover memo.pdf,04-00160-publice notice.pdf,04-00160-exhibit-SHIP housing plan.pdf, History of Legislative File Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result: 2 City Commission 3/11/2004 ADOPTED 2 Office of the Mayor 3/16/2004 Signed by the Mayor 2 Office of the City 3/22/2004 Reviewed and Attorney Approved Pass City ofMiami Page 1 Printed on 9/1/2016