Agenda 02/28/2012 Item #16D7Proposed Agenda Changes
Board of County Commissioners Meeting
February 28, 2012
MOVE ITEM 16D7 TO ITEM 11I: RECOMMENDATION TO APPROVE
A SHORT SALE POLICY FOR THE STATE HOUSING INITIATIVES
PARTNERSHIP (SHIP) PROGRAM (COMMISSIONER HILLER REQUEST)
Withdraw Item 6A: Public Petition request from David Bakalar representing Wells Fargo Bank, requesting the
Board remove all fines assessed against property at 6090 Painted Leaf Lane, Naples (Petitioner request)
Continue Item 9A to the March 13 2012 BCC Meeting: This item requires that ex parte disclosure be provided
by Commission members. Should a hearing be held on this item, all participants are required to be sworn in.
PUDA- PL20110000047: Sabal Bay MPUD -- An Ordinance amending Ordinance No. 05 -59, the Sabal Bay Mixed
Use Planned Unit Development, by amending the PUD Document, Exhibit A, to provide for: changes in
development standards including right of way widths and sidewalks; addition of general permitted uses to
include outside storage and telecommunication facilities; removal of golf as a permitted use; addition of car
wash, post office, docks and electric boats as allowable uses in the recreation /village center tract, increase of
preserve by 45 acres; increase in floor area ratio for adult living facility and increase in height, removal of
affordable housing and removal of Bald Eagle Management Plan and Gopher Tortoise Relocation Management
Plan on property located south of Thomasson Drive, south and west of U. S. 41, north and west of the
Wentworth PUD, and east of the Naples Bay intercoastal waterway in Sections 23, 24, 25, 26 and 36, Township
50 South, Range 25 East, and Section 19, Township 50 South, Range 26 East, Collier County, Florida, consisting
of 2,416 +/- acres; and providing an effective date. (Applicant's request)
Move Item 16A13 to Item 11J: Recommendation to approve a Settlement and Release Agreement between
Collier County and American Traffic Solutions, Inc. for provision of Collier County's Traffic Infraction Detector
Program known as the Red Light Running Camera Enforcement System (Staff request)
Move Item 16131 to Item 14138: Recommendation to the Board of County Commissioners acting as the
Community Redevelopment Agency (CRA) to approve the attached Site Access Agreement between the CRA in
Immokalee (Owner) and Douglas N. Higgins, Inc. (Contractor) allowing said Contractor to store its materials
and equipment in conjunction with the Downtown Immokalee Stormwater Improvement Project. The site
location is at the southwest corner of South 9th Street and Main Street in Immokalee (Folio number
00122840009). (Commissioner Hiller's request)
Move Item 16C3 to Item 11K: Recommendation to approve a work order in the amount $586,159.60 to DN
Higgins for construction tasks in RFQ #08- 5011 -58, Irrigation Quality Water Sites. (Commissioner Hiller's
request)
Move Item 16D6 to Item 11H: Recommendation to implement the direction of the Board of County
Commissioners by amending the Neighborhood Stabilization Program Action Plans to execute program
changes and authorize submission of the revised Action Plans to the U.S. Department of Housing and Urban
Development. (Commissioner Hiller and Commissioner Fiala's separate requests)
Note: Item 16A16 should read: Recommendation to adopt a resolution of necessity superseding m n in
Resolution No. 2011 -105 correcting scrivener's errors in legal descriptions and authorizing the condemnation
of those perpetual and temporary easement interests necessary for the construction of stormwater
improvements known as the US -41 Ditch segment of the Lely Area Stormwater Improvement Project. (Project
No. 51101) Estimated fiscal impact: $1,787,000. (Staffs request)
2/28/2012 Item 16.D.7.
EXECUTIVE SUMMARY
Recommendation to approve a Short Sale Policy for the State Housing Initiatives Partnership
(SHIP) program.
OBJECTIVE: For individuals seeking a short sale, provide an option to also accept a reduced SHIP
repayment amount.
CONSIDERATIONS: On September 27, 2011, the Board directed staff to work with the Foreclosure
Task Force and the Affordable Housing Advisory Committee to create a joint recommendation on an
appropriate Short Sale Policy.
On December 12, 2011 a member from the Collier County Foreclosure Taskforce presented a workgroup
summary on short sale options to the Affordable Housing Advisory Committee (AHAC) in consideration
of a new policy. The final recommendation offered to and accepted by the committee was a settlement
amount of 6% or 6,000, whichever is less, on SHIP loans requesting a short sale.
This policy is only applicable to debt settlement to facilitate short sales for clients assisted through the
down payment assistance program ( "Purchase Assistance "). To be eligible for a short sale, the policy
applies the following minimum criteria:
1. The recipient, as seller of the property, shall not receive any funds from the Short Sale
transaction.
2. To facilitate a Short Sale, Collier County shall forgive a percent of the assistance provided based
upon the following table.
SHORT SALE
SETTLEMENT AMOUNT
6% or $6,000
whichever is less
(but never for less than 5500 *)
*Staff calculates the cost to process each application is approximately $500;
consequently recommends this addition to the recommendation made above
For example, if a recipient received SHIP assistance in the amount of $20,000 the settlement amount
would be $1,200 (6 %).
The Foreclosure Task Force recommendation is consistent with the Home Affordable
Foreclosure Alternative (HATA) Program. Most major lenders are participants in HAFA and, as
such, would be agreeable to these terms when permitting a short sale.
Since SHIP program inception over 15 years ago, an amount in excess of $20 million has been received;
the majority of which has been applied to down payment assistance. Individual loans have ranged from
$2,500 to $45,000, and thousands of individuals have been assisted.
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2/28/2012 Item 16.D.7.
The program contains no policy to provide forgiveness in an effort to facilitate a Short Sale, but the
County, as lender, has the ability and right to establish policies for settlement of the debt. The state does
not require that loans given under this program be repaid.
As a point of reference, when a property is foreclosed upon with a SHIP loan, historically we have
recovered $0. Each request for SHIP loan settlements will be brought to the Board for future
consideration under the policy.
Staff further requests authority to process SHIP short sales according to this policy without obtaining
board approval on each one, individually. The primary reason for this is to assure an ability to timely
handle such requests as they are often presented "last minute" in lieu of foreclosure. The secondary
reason is to reduce administrative cost associated with the transaction.
FISCAL IMPACT: Approval of this policy will allow Collier County to recover a small repayment, in
lieu of no recovery under a foreclosure. These funds would then be reprogrammed for additional down
payment assistance. It is estimated that the staff and Board cost to process each application is
approximately 6 effort hours at an estimated cost of $500.00.
LEGAL CONSIDERATIONS: This item is legally sufficient and requires a majority vote. — JBW
GROWTH MANAGEMENT IMPACT: The State Housing Initiatives Partnership (SHIP) program
supports efforts to meet the goals, objectives, and policies set forth in the Housing Element of the Growth
Management Plan. To the extent funds are returned to the program via a short sale (in lieu of foreclosure),
the program is able to more fully support these efforts.
RECOMMENDATION: That the Board of County Commissioners approve a Short Sale Policy for the
State Housing Initiatives Partnership (SHIP) down payment assistance program and provide authority for
staff to process the requests under this policy.
Prepared By: Kimberley Grant, Interim Director, Housing, Human and Veteran Services
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2/28/2012 Item 16.D.7.
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.7.
Item Summary: Recommendation to approve a Short Sale Policy for the State Housing
Initiatives Partnership (SHIP) program.
Meeting Date: 2/28/2012
Prepared By
Name: DoriaPriscilla
Title: SHIP Loan Processor,Housing, Human & Veteran Services
12/7/2011 8:05:18 AM
Submitted by
Title: Interim Director, HHVS
Name: GrantKimberley
12/7/2011 8:05:20 AM
Approved By
Name: AlonsoHailey
Title: Administrative Assistant,Domestic Animal Services
Date: 1/18/2012 1:52:23 PM
Name: GrantKimberley
Title: Interim Director, HHVS
Date: 1/19/2012 2:45:37 PM
Name: WhiteJennifer
Title: Assistant County Attorney,County Attorney
Date: 1/24/2012 10:34:19 AM
Name: RamseyMarla
Title: Administrator, Public Services
Date: 2/10/2012 3:30:46 PM
Name: KlatzkowJeff
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Title: County Attorney
Date: 2/17/2012 9:30:27 AM
Name: PryorCheryl
Title: Management/ Budget Analyst, Senior,Office of Management & Budget
Date: 2/17/2012 5:05:20 PM
Name: StanleyTherese
Title: Management/Budget Analyst, Senior,Office of Management & Budget
Date: 2/21/2012 9 :07:18 AM
Name: OchsLeo
Title: County Manager
Date: 2/22/2012 9:11:03 AM
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2/28/2012 Item 16.D.7.