Agenda 10/22/2019 Item #16D 2 (Satisfaction of Mortgage)10/22/2019
EXECUTIVE SUMMARY
Recommendation to approve one (1) Satisfaction of Mortgage for the State Housing Initiatives
Partnership loan program in the amount of $2,500 and one (1) associated Budget Amendment. (Net
Fiscal Impact: $2,500)
OBJECTIVE: To support the affordability of housing in Collier County through the State Housing
Initiatives Partnership (“SHIP”) down payment, emergency repair, and/or rehabilitation assistance
programs.
CONSIDERATIONS: SHIP, a State affordable housing program, provides assistance to first-time
homebuyers for use toward a portion of the required down payment and emergency repairs to the newly
acquired home. As a condition of award, the homeowner must repay the assistance provided upon sale,
refinance or loss of homestead exemption.
Community and Human Services (CHS) staff received a payoff request and payment for the property
listed below. The mortgage has been paid and the loan is satisfied.
File # Name Date
Mortgage
Signed
Recording
Date
Mortgage OR
Book & Page
Mortgage
Amount
Payoff
Amount
04-122 Alipio A.
Marrero and
Maria L.
Jimenez,
Husband and
Wife
June 28,
2004
July 8,
2004
OR3602/PG3569 $2,500 $2,500
Total $2,500 $2,500
Approval of this item will authorize the Chairman to sign the satisfaction of mortgage and the executed
documents shall be recorded in the Public Records of Collier County, Florida.
FISCAL IMPACT: The repaid amount of $2,500 satisfies the mortgage amount due to the recapture
provision as noted above. The repayment has been deposited in SHIP Grant Fund (791), Project 33613.
These funds are considered program income and may be used for eligible SHIP activities. The Budget
Amendment recognizes $2,500 in program income for program year 2019/2020, of which five percent
(5%) will be used as administrative funds. The $10 recording fee was paid by the party.
LEGAL CONSIDERATIONS: This item is approved for form and legality and requires a majority vote
for Board approval -JAB
GROWTH MANAGEMENT IMPACT: SHIP housing programs help the County meet some of the
goals and objectives of the Housing Element of the Growth Management Plan.
RECOMMENDATION: To approve and authorize the Chairman to sign one (1) satisfaction of
mortgage for the State Housing Initiatives Partnership loan program in the amount of $2,500 and
authorize the associated Budget Amendment.
Prepared By: Cormac Giblin, Housing Operation and Grant Development Manager, Community and
Human Services Division
16.D.2
Packet Pg. 2229
10/22/2019
ATTACHMENT(S)
1. SOM and supporting docs (PDF)
16.D.2
Packet Pg. 2230
10/22/2019
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.2
Doc ID: 10222
Item Summary: Recommendation to approve one (1) Satisfaction of Mortgage for the State
Housing Initiatives Partnership (SHIP) loan program in the amount of $2,500 and one (1) associated
Budget Amendment (Net Fiscal Impact of $2,500).
Meeting Date: 10/22/2019
Prepared by:
Title: – Community & Human Services
Name: Susan Golden
09/20/2019 12:57 PM
Submitted by:
Title: Manager - Federal/State Grants Operation – Community & Human Services
Name: Kristi Sonntag
09/20/2019 12:57 PM
Approved By:
Review:
Community & Human Services Cormac Giblin Additional Reviewer Completed 09/23/2019 2:09 PM
Community & Human Services Kristi Sonntag CHS Review Completed 09/23/2019 4:53 PM
Community & Human Services Leslie Davis Additional Reviewer Completed 10/01/2019 3:15 PM
Community & Human Services Maggie Lopez Additional Reviewer Completed 10/01/2019 6:02 PM
Community & Human Services Lisa Carr Additional Reviewer Completed 10/08/2019 1:18 PM
Public Services Department Kimberley Grant Level 1 Reviewer Completed 10/08/2019 2:08 PM
Public Services Department Todd Henry Level 1 Division Reviewer Completed 10/08/2019 2:45 PM
Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 10/08/2019 2:48 PM
County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 10/10/2019 10:14 AM
County Attorney's Office Scott Teach Level 3 County Attorney's Office Review Completed 10/10/2019 10:56 AM
Office of Management and Budget Laura Wells Level 3 OMB Gatekeeper Review Completed 10/10/2019 12:49 PM
Grants Therese Stanley Additional Reviewer Completed 10/10/2019 3:48 PM
Budget and Management Office Ed Finn Additional Reviewer Completed 10/10/2019 5:59 PM
County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 10/14/2019 10:58 AM
Board of County Commissioners MaryJo Brock Meeting Pending 10/22/2019 9:00 AM
16.D.2
Packet Pg. 2231
16.D.2.a
Packet Pg. 2232 Attachment: SOM and supporting docs (10222 : SHIP Satisfaction of Mortgage)
16.D.2.a
Packet Pg. 2233 Attachment: SOM and supporting docs (10222 : SHIP Satisfaction of Mortgage)
16.D.2.a
Packet Pg. 2234 Attachment: SOM and supporting docs (10222 : SHIP Satisfaction of Mortgage)
16.D.2.a
Packet Pg. 2235 Attachment: SOM and supporting docs (10222 : SHIP Satisfaction of Mortgage)
16.D.2.a
Packet Pg. 2236 Attachment: SOM and supporting docs (10222 : SHIP Satisfaction of Mortgage)
16.D.2.a
Packet Pg. 2237 Attachment: SOM and supporting docs (10222 : SHIP Satisfaction of Mortgage)
16.D.2.a
Packet Pg. 2238 Attachment: SOM and supporting docs (10222 : SHIP Satisfaction of Mortgage)
16.D.2.a
Packet Pg. 2239 Attachment: SOM and supporting docs (10222 : SHIP Satisfaction of Mortgage)