Agenda 05/12/2020 Item #16D 8 (Release of Lien - Density Bonus)05/12/2020
EXECUTIVE SUMMARY
Recommendation to approve and authorize the chairman to sign one (1) release of lien for an
Affordable Housing Density Bonus unit that is no longer subject to the terms of the agreement and
authorize the associated Budget Amendment in the amount of $5,389.
OBJECTIVE: To support the affordability of housing through the Affordable Housing Density Bonus
(AHDB) Program.
CONSIDERATIONS: Pursuant to Section 2.06 et seq. of the Collier County Land Development Code
(LDC), the identified homeowner executed an AHDB Agreement lien encumbering their property in the
Bristol Pines PUD. The AHDB Program seeks to provide an incentive to construct affordable housing
units in Collier County.
The following provision applies to the subject properties if sold or assigned within fifteen (15) years after
the original purchase date:
“at a sales price in excess of five percent (5%) per year of the original purchase price of $178,990, I, my
heirs, legal representatives, successors or assigns shall pay to Collier County an amount equal to one-
half of the sales price in excess of the five percent (5%) increase per year” (emphasis added).
The following table details the release of lien associated with this Item.
Name Purchase
Date
Purchase
Price
Public
Record
Sold Date Sold Price Payoff
Amount
Gloria E. Gomez and
John J. Mulholland
12/24/2016 $178,990 OR5329/
PG3887
3/19/2020 $220,000 $5,389
If the borrower sells the property for less than the original sales price; there is no repayment obligation to
Collier County. If the borrower sold the property “in excess of five percent (5%) per year of the original
purchase price” and if there is an increase in appreciation of more than five percent (5%) per year, the
borrower would pay the County one-half of the excess of five percent (5%).
FISCAL IMPACT: A Budget Amendment is necessary to recognize the revenue received in the amount
of $5,389 in the Affordable Housing Trust Fund (116), Project Number 50137.
LEGAL CONSIDERATIONS: This Item is approved for form and legality and requires a majority vote
for Board of County Commissioners (Board) approval. -JAB
GROWTH MANAGEMENT IMPACT: The Affordable Housing Density Bonus Program assists the
County in meeting some of its goals and objectives in the Housing Element of t he Growth Management
Plan.
RECOMMENDATION: To approve and authorize the chairman to sign one (1) release of lien for an
Affordable Housing Density Bonus unit that is no longer subject to the terms of the agreement and
authorize the associated Budget Amendment in the amount of $5,389.
Prepared By: Lisa N. Carr, Senior Grants Coordinator, Community and Human Services Division
16.D.8
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ATTACHMENT(S)
1. AHBD Release of Lien (PDF)
2. Backup Docs AHDB Gomez & Mulholland (PDF)
16.D.8
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05/12/2020
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.8
Doc ID: 12205
Item Summary: Recommendation to approve and authorize the chairman to sign one (1) release
of lien for an Affordable Housing Density Bonus unit that is no longer subject to the terms of the
agreement and authorize the associated Budget Amendment in the amount of $5,389.
Meeting Date: 05/12/2020
Prepared by:
Title: Grants Coordinator – Community & Human Services
Name: Lisa Carr
04/13/2020 3:35 PM
Submitted by:
Title: Manager - Federal/State Grants Operation – Community & Human Services
Name: Kristi Sonntag
04/13/2020 3:35 PM
Approved By:
Review:
Community & Human Services Kristi Sonntag CHS Review Completed 04/13/2020 4:02 PM
Community & Human Services Akiko Woods Additional Reviewer Completed 04/20/2020 1:24 PM
Community & Human Services Cormac Giblin Additional Reviewer Completed 04/21/2020 8:42 AM
Community & Human Services Maggie Lopez Additional Reviewer Completed 04/27/2020 4:46 PM
Operations & Veteran Services Kimberley Grant Level 1 Reviewer Completed 04/28/2020 11:51 AM
Public Services Department Todd Henry Level 1 Division Reviewer Completed 04/29/2020 7:53 AM
County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 04/29/2020 9:20 AM
Grants Erica Robinson Level 2 Grants Review Completed 04/29/2020 11:04 AM
Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 05/02/2020 10:06 AM
Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 05/04/2020 8:16 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 05/04/2020 8:17 AM
Budget and Management Office Ed Finn Additional Reviewer Completed 05/04/2020 11:54 AM
Grants Therese Stanley Additional Reviewer Completed 05/04/2020 3:58 PM
County Manager's Office Sean Callahan Level 4 County Manager Review Completed 05/05/2020 8:29 AM
Board of County Commissioners MaryJo Brock Meeting Pending 05/12/2020 9:00 AM
16.D.8
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16.D.8.a
Packet Pg. 643 Attachment: AHBD Release of Lien (12205 : SHIP AHDB Release of Lien (ROL))
16.D.8.b
Packet Pg. 644 Attachment: Backup Docs AHDB Gomez & Mulholland (12205 : SHIP AHDB Release of Lien (ROL))
16.D.8.b
Packet Pg. 645 Attachment: Backup Docs AHDB Gomez & Mulholland (12205 : SHIP AHDB Release of Lien (ROL))
16.D.8.b
Packet Pg. 646 Attachment: Backup Docs AHDB Gomez & Mulholland (12205 : SHIP AHDB Release of Lien (ROL))
16.D.8.b
Packet Pg. 647 Attachment: Backup Docs AHDB Gomez & Mulholland (12205 : SHIP AHDB Release of Lien (ROL))
16.D.8.b
Packet Pg. 648 Attachment: Backup Docs AHDB Gomez & Mulholland (12205 : SHIP AHDB Release of Lien (ROL))
16.D.8.b
Packet Pg. 649 Attachment: Backup Docs AHDB Gomez & Mulholland (12205 : SHIP AHDB Release of Lien (ROL))
16.D.8.b
Packet Pg. 650 Attachment: Backup Docs AHDB Gomez & Mulholland (12205 : SHIP AHDB Release of Lien (ROL))