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HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM File ID: #6286 Date: 08/01/2019 Commission Meeting Date: 09/12/2019 Requesting Department: Department of Housing and Community Development Sponsored By: District Impacted: All Type: Resolution Subject: Accept Funds - State Housing Initiatives Partnership Funds Purpose of Item: AUTHORIZING THE ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") FUNDS IN THE TOTAL AMOUNT OF $405,989.00 FOR FISCAL YEAR 2019-2020 FOR THE STRATEGIES UNDER THE CURRENT SHIP LOCAL HOUSING ASSISTANCE PLAN ("LHAP"); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL DOCUMENTS INCLUDING AMENDMENTS, RENEWALS, EXTENSIONS, AND MODIFICATIONS, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, AS MAY BE NECESSARY FOR SAID PURPOSE, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS. Background of Item: 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. The Sadowski Act provides a dedicated revenue source for affordable housing and it has created the Florida State Housing Initiative Partnership ("SHIP") program. Pursuant to Resolution No. 19-0140 adopted April 11, 2019, the Miami Cty Commission approved the City of Miami ("City") Local Housing Assistance Program ("LHAP") for the period from July 1, 2019 until June 30, 2022, allowing the City's continued participation in the SHIP program. On May 1, 2019, the City of Miami ("City") was notified by the Florida Housing Finance Corporation of a distribution of SHIP funds in the total amount of $405,989.00 for State Fiscal Year ("FY") 2019-2020. The City Administration recommends the acceptance of SHIP funds in the total amount of $405.989.00 for FY 2019-2020 for the strategies under the current SHIP LHAP. Budget Impact Analysis Item is NOT funded by Bonds Item is NOT Related to Revenue Item has NOT an Expenditure Total Fiscal Impact: $405,989.00 Department of Community Review Completed Office of Management and Office of Management and City Manager's Office Legislative Division City Manager's Office Office of the City Attorney Office of the City Attorney Office of the City Attorney City Commission Office of the Mayor Office of the City Clerk Office of the City Clerk Reviewed B and Economic Development 08/08/2019 1:55 PM Budget Luis Hernandez -Torres Budget Christopher M Rose Sandra Bridgeman Valentin J Alvarez Nikolas Pascual Richard Appleton Barnaby L. Min Victoria Mendez Maricarmen Lopez Mayor's Office City Clerk's Office City Clerk's Office George Mensah Department Head Budget Analyst Review Completed Budget Review Completed Assistant City Manager Review Completed Legislative Division Review Completed City Manager Review Completed ACA Review Completed Deputy City Attorney Review Completed Approved Form and Correctness Completed Meeting Completed Unsigned by the Mayor Completed Signed and Attested by the City Clerk Completed Rendered Completed 08/12/2019 1:11 PM 08/22/2019 6:14 AM 08/22/2019 11:42 PM 08/23/2019 8:26 AM 08/23/2019 10:15 AM 08/23/2019 5:01 PM 08/26/2019 1:50 PM 08/30/2019 3:40 PM 09/12/2019 9:00 AM 09/20/2019 3:59 PM 09/20/2019 4:26 PM 09/20/2019 4:26 PM City of Miami Legislation Resolution Enactment Number: R-19-0346 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 6286 Final Action Date:9/12/2019 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE ACCEPTANCE OF STATE HOUSING INITIATIVES PARTNERSHIP ("SHIP") FUNDS IN THE TOTAL AMOUNT OF $405,989.00 FOR FISCAL YEAR 2019-2020 FOR THE STRATEGIES UNDER THE CURRENT SHIP LOCAL HOUSING ASSISTANCE PLAN ("LHAP"); FURTHER AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE ANY AND ALL NECESSARY DOCUMENTS, INCLUDING AMENDMENTS, EXTENSIONS, AND MODIFICATIONS, ALL IN FORMS ACCEPTABLE TO THE CITY ATTORNEY, SUBJECT TO ALL FEDERAL, STATE, AND LOCAL LAWS THAT REGULATE THE USE OF SUCH FUNDS FOR SAID PURPOSE. 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 ("SHIP") program; and WHEREAS, pursuant to Resolution No. 19-0140 adopted April 11, 2019, the Miami City Commission approved the City of Miami's ("City") Local Housing Assistance Program ("LHAP") for the period from July 1, 2019 through June 30, 2022, allowing the City's continued participation in the SHIP program; and WHEREAS, on May 1, 2019, the City was notified by the Florida Housing Finance Corporation of a distribution of SHIP funds in the total amount of $405,989.00 for State Fiscal Year ("FY") 2019-2020; and WHEREAS, the City's Administration recommends the acceptance of SHIP funds in the total amount of $405.989.00 for FY 2019-2020 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 the total amount of $405,989.00 for FY 2019-2020 for the strategies under the current SHIP LHAP is authorized. Section 3. The City Manager is authorized to negotiate and execute any and all necessary documents, including amendments, renewals, extensions, and modifications, all in forms acceptable to the City Attorney, subject to all federal, state, and local laws that regulate the use of such funds for said purpose. 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 8/30/2019 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.