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HomeMy WebLinkAboutR-14-0393City of Miami Legislation Resolution: R-14-0393 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00901 Final Action Date: 10/9/2014 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING THE AMENDED CITY OF MIAMI ("CITY") LOCAL HOUSING ASSISTANCE PLAN ("LHAP"), ATTACHED AND INCORPORATED, FOR THE PERIOD OF JULY 1, 2010, THROUGH JUNE 30, 2013, FOR THE CONTINUED PARTICIPATION OF THE CITY IN THE FLORIDA STATE HOUSING INITIATIVES PARTNERSHIP ("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 LHAP AND THE SHIP PROGRAM. WHEREAS, in 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 of 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 Initiative Partnership ("SHIP") Program; and WHEREAS, pursuant to Section 420.9072(2)a of Florida Statutes, a county, or eligible municipality, must submit to the Florida Housing Finance Corporation its Local Housing Assistance Plan ("LHAP"), describing the local housing assistance strategies to be eligible to receive funds under the program; and WHEREAS, on November 21, 2013, pursuant to Resolution No. 13-0448, the City Commission approved a change to the Single Family Rehabilitation Program subsidy amount, from $35,000.00 to $50,000.00, and subsequently approved an amendment to the 2013-2016 LHAP; and WHEREAS, the 2010-2013 LHAP also needs to be amended to reflect the change in the subsidy amount so that funds from those years can still be used for the new subsidy amount; and WHEREAS, the City Administration recommends the amendment of the City's LHAP for the period of July 1, 2010, through June 30, 2013, as indicated 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 fully set forth in this Section. Section 2. The City's LHAP, attached and incorporated, for the period of July 1, 2010 through City of Miami Page 1 of 2 File Id: 14-00901 (Version: 1) Printed On: 1/12/2018 File Number: 14-00901 Enactment Number: R-14-0393 June 30, 2013, for the continued participation of the City in the Florida SHIP Program, is approved. Section 3. The City Manager is authorized{1} to submit the plan to the Florida Housing Finance Corporation for review and approval, and to execute all necessary documents, in a form acceptable to the City Attorney, to implement the terms and conditions of the LHAP and the SHIP program. 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 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: 14-00901 (Version: 1) Printed On: 1/12/2018