HomeMy WebLinkAboutR-15-0360City of Miami
Legislation
Resolution: R-15-0360
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-00991 Final Action Date: 9/10/2015
A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE
ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") FUNDS,
IN THE TOTAL AMOUNT OF $1,299,453.00, FOR FISCAL YEAR 2015-2016, FOR
THE STRATEGIES UNDER THE CURRENT SHIP LOCAL HOUSING ASSISTANCE
PLAN ("LHAP"), AUTHORIZING THE CITY MANAGER TO EXECUTE THE
NECESSARY DOCUMENTS, FOR SAID PURPOSE(S).
WHEREAS, in July 1992, the State of Florida enacted the William E. Sadowski Affordable
Housing Act ("Sadowski Act") which provides for the allocation to local governments of a portion of
new and existing documentary stamp taxes on deeds on real estate transactions for the development
and maintenance of affordable housing; and
WHEREAS, the Sadowski Act provided a dedicated revenue source for affordable housing
and created the Florida State Housing Initiative Partnership ("SHIP") Program; and
WHEREAS, pursuant to Resolution No. 14-0121, adopted March 27, 2014, the Miami City
Commission approved the City of Miami amended Local Housing Assistance Plan ("LHAP") for the
period of July 1, 2013 through June 30, 2016, allowing the City's continued participation in the Florida
SHIP Program; and
WHEREAS, on June 30, 2015, the City was notified by Florida Housing Finance Corporation
of a distribution of SHIP funds in the total amount of $1,299,453.00, which amount may vary, for
State Fiscal Year 2015-2016; and
WHEREAS, the Administration recommends the acceptance of SHIP funds, in an amount no
less than $1,299,453.00 for Fiscal Year 2015-2016, for the strategies under the current SHIP 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 if fully set forth in this Section.
Section 2. The acceptance of SHIP funds, in an amount no less than $1,299,453.00 for Fiscal
Year 2015-2016, for the strategies under the current SHIP LHAP, is authorized.
Section 3. The City Manager is authorized {1} to execute the necessary documents to
City of Miami
Page 1 of 2 File Id: 15-00991 (Version: 1) Printed On: 3/22/2018
File Number: 15-00991 Enactment Number: R-15-0360
implement 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: 15-00991 (Version: 1) Printed On: 3/22/2018