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HomeMy WebLinkAboutR-20-0251City of Miami Resolution R-20-0251 Legislation City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 7716 Final Action Date: 9/10/2020 A RESOLUTION OF THE MIAMI CITY COMMISSION ACCEPTING ADDITIONAL STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM FUNDS IN THE AMOUNT OF $106,826.00 FOR FISCAL YEAR 2019-2020 FOR THE STRATEGIES UNDER THE CURRENT SHIP LOCAL HOUSING ASSISTANCE PLAN; 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 ("State") 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.19-0346 adopted on September 12, 2019, the City Commission accepted the amount of $405,989.00 for State Fiscal Year ("FY") 2019-2020 for strategies under the current SHIP Local Housing Assistance Plan ("LHAP") allowing the City of Miami's ("City") continued participation in the SHIP program; and WHEREAS, on June 11, 2020, the Florida Housing Finance Corporation notified the City of the final allocation for State FY 2019-2020 in the total amount of $106,826.00, for a total allocation of $512,815.00 for State FY 2019-2020; and WHEREAS, the City's Administration recommends the acceptance of the additional SHIP program funds in the amount of $106,826.00 for State 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 additional SHIP funds in the total amount of $106,826.00 for State FY 2019-2020 for the strategies under the current SHIP LHAP are authorized.' City of Miami Page 1 of 2 File ID: 7716 (Revision:) Printed On: 5/6/2025 File ID: 7716 Enactment Number: R-20-0251 Section 3. The City Manager is authorized' 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. Section 4. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.2 APPROVED AS TO FORM AND CORRECTNESS: ndez, City Attor 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: 7716 (Revision:) Printed on: 5/6/2025