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HomeMy WebLinkAboutPre-LegislationCity of Miami Legislation Resolution: R-14-0121 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 14-00169 Final Action Date: 3/27/2014 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, 2013 THROUGH JUNE 30, 2016, FOR THE CONTINUED PARTICIPATION OF THE CITY IN THE FLORIDA STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") PROGRAM; AUTHORIZING THE CITY MANAGER TO SUBMIT THE PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION; 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 PROGRAM AND THE LHAP. 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 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 Initiative Partnership ("SHIP") Program; and WHEREAS, pursuant to Section 420.9072(2)a of the Florida Statutes, a county or eligible municipality must submit to the Housing Development Corporation of Florida its local housing assistance plan 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 Miami City Commission approved an amendment to the Single Family Rehabilitation Program subsidy amount from an amount not to exceed $35,000.00 to an amount not to exceed $50,000,00; and WHEREAS, this change requires an amendment to the current Local Housing Assistance Plan ("LHAP"); 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 Amended LHAP, attached and incorporated, for the period of July 1, 2013 through June 30, 2016, for the continued participation of the City in the Florida SHIP Program, is approved. City of Miami Page 1 of 2 File Id: 14-00169 (Version: 1) Printed On: 7/13/2015 File Number: 14-00169 Enactment Number: R-14-0121 Section 3. The City Manager is authorized {1} to submit the plan to the Florida Housing Finance Corporation for review and approval. Section 4. 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 Program and the LHAP. Section 5. 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: 14-00169 (Version: 1) Printed On: 7/13/2015