HomeMy WebLinkAboutR-07-0307City of Miami
Legislation
Resolution: R-07-0307
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 07-00688 Final Action Date: 6/12/2007
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") FUNDS,
IN THE AMOUNT OF $2,009,434, FOR HOUSING ACTIVITIES, NOT LIMITED TO
SINGLE FAMILY REHABILITATION, SINGLE FAMILY REPLACEMENT HOMES, THE
HOMEBUYERS FINANCING PROGRAM AND THE HOMEOWNERSHIP
DEVELOPMENT PROGRAM, FOR THE IMPLEMENTATION OF THE LOCAL
HOUSING ASSISTANCE PLAN AND THE AMOUNT OF $223,270 FOR THE
ADMINISTRATION, FOR THE TOTAL AMOUNT OF $2,232,704, FOR FISCAL YEAR
2007-2008; AUTHORIZING THE CITY MANAGER TO EXECUTE THE NECESSARY
DOCUMENTS TO IMPLEMENT THE ACCEPTANCE OF SAID FUNDS.
WHEREAS, on 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 provides a dedicated revenue source for affordable housing and
created the Florida State Housing Initiative Partnership Program ("SHIP"); and
WHEREAS, pursuant to Resolution No. 07-0204, adopted April 12, 2007, the City Commission
approved the City of Miami ("City") Local Housing Assistance Plan ("LHAP") for the period of July 1,
2007 through June 30, 2010 for the continued participation of the City in the SHIP Program; and
WHEREAS, pursuant to Resolution No. 07-0226, adopted April 12, 2007, the City Commission
allocated funds to the Down Payment Assistance Program, Single Family Rehab Citywide,
Homeownership Projects, Multi Family Rental -No Tax Credit and New Construction -Tax Credit; and
WHEREAS, it is projected that the SHIP funding for Fiscal Year 2007-2008, will be in the amount
of $2,232,704;
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 acceptance of SHIP funds, in the amount $2,009,434, for Housing Activities, not
limited to Single Family Rehabilitation, Single Family Replacement Homes, the Homebuyers
Financing Program and the Homeownership Development Program, for the implementation of the
LHAP and the amount of $223,270, for the Administration, for the total amount of $2,232,704, for
Fiscal Year 2007-2008, is authorized.
City of Miami
Page 1 of 2 File Id: 07-00688 (Version: 1) Printed On: 3/30/2017
File Number: 07-00688 Enactment Number: R-07-0307
Section 3. The City Manager is authorized{1} to execute the necessary documents to implement
the acceptance of said funds.
Section 4. 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.
City of Miami Page 2 of 2 File Id: 07-00688 (Version: 1) Printed On: 3/30/2017