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HomeMy WebLinkAboutPre Legislation 6r City of Miami Legislation Resolution: R-04-0156 City Hall 3500 Pan American Drive Miami, FL 33133 www.ci.miami.fl.us File Number: 04-00165 Final Action Date:3/l l/2004 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE INCREASE IN THE NUMBER OF MEMBERS OF THE HOUSING AND COMMERCIAL LOAN COMMITTEE ("LOAN COMMITTEE") TO INCLUDE ONE REPRESENTATIVE OF THOSE AREAS OF LABOR ACTIVELY ENGAGED IN HOME BUILDING IN CONNECTION WITH AFFORDABLE HOUSING AND ONE MEMBER WHO ACTIVELY SERVES ON THE LOCAL PLANNING AGENCY TO ALLOW THE LOAN COMMITTEE TO ACT AS THE AFFORDABLE HOUSING ADVISORY COMMITTEE AS REQUIRED BY THE STATE HOUSING INITIATIVE PROGRAM. WHEREAS, the State of Florida State Housing Initiative Program ("SHIP") regulations (F.S. Chapter 420.9076) require that the governing board of a county or municipality shall appoint the members of the Affordable Housing Advisory Committee ("Advisory Committee") by resolution; and WHEREAS, the required composition of the Advisory Committee is as follows: (1) One citizen who is actively engaged in the residential home building industry in connection with affordable housing. (2) One citizen who is actively engaged in the banking or mortgage banking industry in connection with affordable housing. (3) One citizen who is a representative of those areas of labor actively engaged in home building in connection with affordable housing. (4) One citizen who is actively engaged as an advocate for low-income persons in connection with affordable housing. (5) One citizen who is actively engaged as a for -profit provider of affordable housing. (6) One citizen who is actively engaged as a not -for -profit provider of affordable housing. (7) One citizen who is actively engaged as a real estate professional in connection with affordable housing. (8) One citizen who actively serves on the local planning agency. (9) One citizen who resides within the jurisdiction of the local governing body making the appointments; and WHEREAS, the Commercial Loan Committee ("Loan Committee") membership structure is as follows: One (1) Chairperson, appointed by the Mayor, Three (3) members with backgrounds related to affordable housing development, Two (2) members with private real estate experience, City of Miami Page 1 of 2 Printed On: 3/23/2004 r ., =ile Number. 04-00165 Enactment Number: R-04-0156 One (1) member with private real estate lending experience, Two (2) members with private commercial experience, One (1) member with private commercial lending experience, and One (1) member from the City Administration, appointed by the City Manager; 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. An increase in the membership of the Loan Committee allowing it to serve as the City of Miami's Affordable Housing Advisory Committee as required by SHIP is authorized. Two ( 2) additional members appointed by the City Manager shall have the following qualifications: One (1) member representative of those areas of labor actively engaged in home building in connection with affordable housing; and One (1) member who actively serves on the local planning agency. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. {1} 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 2 of 2 Printed On: 3/23/1004