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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #4069 Date: 05/03/2018 Commission Meeting Date: 06/14/2018 Requesting Department: Department of Community and Economic Development Sponsored By: District Impacted: All Type: Resolution Subject: Accept SHIP Disaster Funds FY 2017-18 Purpose of Item: AUTHORIZING THE ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") DISASTER FUNDS, IN THE TOTAL AMOUNT OF $160,822 FOR FISCAL YEAR 2017-2018, FOR THE DISASTER RELIEF STRATEGY UNDER THE CURRENT SHIP LOCAL HOUSING ASSISTANCE PLAN ("LHAP"), FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, ANY AND ALL DOCUMENTS, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, AS MAY BE NECESSARY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS. Background of Item: On 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. The Sadowski Act provided a dedicated revenue source for affordable housing and created the State Housing Initiative Partnership ("SHIP") Program. Florida Housing Finance Corporation ("FHFC"), as per Florida Statutes, has the authority to hold back up to $5 million in SHIP funds each year for disaster relief. FHFC evaluates disaster data to make allocation decisions with data provided from FEMA and other sources, and has determined that City of Miami is elegible for disaster funds. On Apirl 10, the City was notified by FHFC a distribution of SHIP Disaster funds in the total amount of $160,822 for State Fiscal Year 2017-2018, for the starategies under the current SHIP LHAP. The City Administration recommends the acceptance of SHIP Disaster funds, in the total amount of $160,822 for Fiscal Year 2017-2018, for the strategies under the current SHIP LHAP. Budget Impact Analysis Item has NOT an Expenditure Item is NOT Related to Revenue Item is NOT funded by Bonds Total Fiscal Impact: $160,822 Reviewed B Department of Community and Economic Development George Mensah Department Head Review Completed 05/08/2018 3:32 PM Office of Management and Budget Luis Hernandez -Torres Budget Analyst Review Completed 05/08/2018 7:33 PM Office of Management and Budget Christopher M Rose Budget Review Completed 05/09/2018 5:52 AM City Manager's Office Fernando Casamayor Assistant City Manager Review Completed 05/14/2018 9:19 AM City Manager's Office Nikolas Pascual City Manager Review Completed 05/14/2018 2:43 PM Legislative Division Valentin J Alvarez Legislative Division Review Completed 05/21/2018 9:05 AM Office of the City Attorney Richard Appleton ACA Review Completed 05/21/2018 7:01 PM Office of the City Attorney Barnaby L. Min Deputy City Attorney Review Completed 05/24/2018 10:26 AM Office of the City Attorney Victoria Mendez Approved Form and Correctness Completed 06/01/2018 5:22 PM City Commission Nicole Ewan Meeting Completed 06/14/2018 9:00 AM Office of the Mayor Mayor's Office Signed by the Mayor Completed 06/25/2018 3:09 PM Office of the City Clerk City Clerk's Office Signed and Attested by the City Clerk Completed 06/25/2018 3:44 PM Office of the City Clerk City Clerk's Office Rendered Completed 06/25/2018 3:44 PM City of Miami Legislation Resolution Enactment Number: R-18-0237 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 4069 Final Action Date:6/14/2018 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") DISASTER FUNDS IN THE TOTAL AMOUNT OF $160,822.00 FOR FISCAL YEAR 2017-2018 FOR THE DISASTER RELIEF STRATEGY UNDER THE CURRENT SHIP LOCAL HOUSING ASSISTANCE PLAN ("LHAP"); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, AS MAY BE NECESSARY FOR SAID PURPOSE, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS. WHEREAS, in July 1992, the State of Florida enacted the William E. Sadowski Affordable Housing Act ("Sadowski Act") which allocates a portion of new and existing documentary stamp taxes, which were paid on the transfer of real estate, to local governments for the development and maintenance of affordable housing; and WHEREAS, the Sadowski Act provides a dedicated revenue source for affordable housing and it has created the Florida State Housing Initiative Partnership Program ("SHIP"); and WHEREAS, the Florida Housing Finance Corporation ("FHFC"), under Section 420.9073(5) Florida Statutes, has the authority to withhold up to $5 million in SHIP funds each year for disaster relief; and WHEREAS, FHFC evaluates disaster data to make allocation decisions with data provided from Federal Emergency Management Agency ("FEMA") as well as other sources and FHFC has determined that the City of Miami ("City") is eligible for disaster funds; and WHEREAS, on April 10, 2018, the City was notified by FHFC of a distribution of SHIP disaster funds in the total amount of $160,822.00 for State Fiscal Year ("FY") 2017-2018; and WHEREAS, the City Administration recommends the acceptance of SHIP disaster funds in the total amount of $160,822.00 for FY 2017-2018 for the strategies under the current SHIP, 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 if fully set forth in this Section. Section 2. The acceptance of SHIP disaster funds in the total amount of $160,822.00 for FY 2017-2018 for the strategies under the current SHIP LHAP is authorized.1 Section 3. The City Manager is authorized to negotiate and execute any and all documents, in a form acceptable to the City Attorney, including amendments, renewals, extensions, and modifications, as may be necessary for said purpose, subject to all federal, state, and local laws that regulate the use of such funds. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: ndez, ity Attor ey 6/1/2018 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 City 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.