HomeMy WebLinkAboutR-04-0356City of Miami
Legislation
Resolution: R-04-0356
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-00507 Final Action Date: 5/27/2004
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING THE REVISED CITY OF MIAMI ("CITY") LOCAL HOUSING
ASSISTANCE PLAN ("LHAP"), ATTACHED AND INCORPORATED, FOR THE
PERIOD OF JULY 1, 2001 THROUGH JUNE 30, 2004, FOR THE CONTINUED
PARTICIPATION OF THE CITY IN THE FLORIDA STATE HOUSING INITIATIVES
PARTNERSHIP ("SHIP") PROGRAM; AUTHORIZING THE CITY MANAGER TO
INCREASE THE MAXIMUM AMOUNT OF ASSISTANCE PROVIDED TO ANY
APPLICANT IN THE FORM OF LOANS AND GRANTS, TO AN AMOUNT NOT TO
EXCEED $83,000; AUTHORIZING THE CITY MANAGER TO SUBMIT A MODIFIED
PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE
CORPORATION ("FHFC"); 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
AND LHAP PROGRAMS.
WHEREAS, in July 1992, the State of Florida ("State") 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 Initiatives Partnership ("SHIP") Program; and
WHEREAS, in August 1994, the City of Miami ("City") was notified by the State that the City would
be eligible to receive SHIP Program funds in the amount of $1,353,387, beginning with the State's
1995-96 Fiscal Year; and
WHEREAS, Resolution 04-0152, adopted on March 11, 2004, approved an amendment to the
Local Housing Assistance Plan ("LHAP") 2001-2004 and its submission to the Florida Housing
Finance Corporation ("FHFC"); and
WHEREAS, upon review of the report by the FHFC and their audit of past expenditures, the
FHFC recommended that the plan be changed to authorize the highest amount spent repairing an
applicant's home to $83,000 for the period of 2001-2004;
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 revised City's LHAP, attached and incorporated, for the period of July 1, 2001
City of Miami
Page 1 of 2 File Id: 04-00507 (Version: 1) Printed On: 9/14/2016
File Number: 04-00507 Enactment Number: R-04-0356
through June 30, 2004, for the City's continued participation in the SHIP Program, is approved.
Section 3. The City Manager is authorized{1} to increase the maximum amount of assistance
provided to any applicant in the form of loans and grants, to an amount not to exceed $83,000.
Section 4. The City Manager is authorized{1} to submit a modified plan for review and approval by
the FHFC.
Section 5. The City Manager is further authorized{1} to execute all necessary documents, in a
form acceptable to the City Attorney, to implement the terms and conditions of the SHIP and LHAP
Programs.
Section 6. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor {2}.
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 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.
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