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HomeMy WebLinkAboutLegislationCity of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 08-01222 Final Action Date: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE CITY OF MIAMI FORECLOSURE PREVENTION PROGRAM GUIDELINES, AS DESCRIBED IN EXHIBIT "A", ATTACHED AND INCORPORATED. WHEREAS, during the past year, the number of foreclosures throughout the State of Florida and the City of Miami, in particular, has increased dramatically; and WHEREAS, data from RealtyTrac, Inc. shows that a total of 2,527 homeowners in the City of Miami were going through the foreclosure process as of July 30, 2008; and WHEREAS, in order to assist in the prevention of additional foreclosures within the City of Miami, the Administration recommends approving the City of Miami Foreclosure Prevention Program Guidelines, as described in Exhibit "A", attached and incorporated; 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 of Miami Foreclosure Prevention Program Guidelines, as described in Exhibit "A", attached and incorporated, are approved. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.{1} APPROVED AS TO FORM AND CORRECTNESS: JULIE BRU CITY ATTORNEY Footnotes: {1} 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 1 of 1 Printed On: 10/22/2008