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Agenda 09/08/2020 Item #16D 8 (Mortgage Satisfactions)09/08/2020 EXECUTIVE SUMMARY Recommendation to approve and authorize the chairman to sign three (3) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $36,425 and the associated Budget Amendment. OBJECTIVE: To support the affordability of housing in Collier County through the State Housing Initiatives Partnership (SHIP) down payment and emergency repair and/or rehabilitation assistance programs. CONSIDERATIONS: SHIP, a state affordable housing program, offers assistance to first-time homebuyers for use toward a portion of the required down payment and emergency repairs to the newly acquired home, and rehabilitation assistance to homeowners for rehabilitation to their homesteaded property. As a condition of award, the homeowner must repay the assistance provided upon sale, refinance, or loss of homestead exemption. The following table provides details regarding the associated mortgages that have been repaid in full and those that have been forgiven. As such, satisfaction of mortgages is required. File # Name Public Record Mortgage Amount Payoff Amount 05-024 Jeffrey B. Bobay OR 4049/PG0888 $28,485 *$25,985 09-391 Frantz E. Joseph OR 4704/PG847 $4,940 $4,940 09-167 Silvia Martinez OR 4486/PG3047 $3,000 $3,000 Total $36,425 $33,925 *Note: The total amount stated on the mortgage was not dispersed to the client. Property owners are required to pay the amount they received which is less than the amount stated on the mortgage. Approval of this Item will authorize the Chairman to sign the aforementioned satisfaction of mortgage and the executed document shall be recorded in the Public Records of Collier County, Florida. FISCAL IMPACT: The repaid amount of $33,925 satisfies the payoff amount. These repayments are considered program income. $33,925 has been deposited in SHIP Grant Fund (791), Project 33686. Deposited funds will be used for SHIP eligible activities. The Budget Amendment recognizes $33,925 in program income, of which five percent (5%) will be used as Administrative funds. Recording fees of $10 per Satisfaction of Mortgage have been paid by the homeowners. LEGAL CONSIDERATIONS: This Item is approved for form and legality and required a majority vote for Board approval. -JAB GROWTH MANAGEMENT IMPACT: There is no growth Management impact. RECOMMENDATION: To approve and authorize the Chairman to sign three (3) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $36,425 and approve the associated Budget Amendment. Prepared By: Lisa N. Carr, Senior Grants Coordinator, Community & Human Services Division ATTACHMENT(S) 1. SOM Bombay (PDF) 16.D.8 Packet Pg. 1368 09/08/2020 2. SOM Joseph (PDF) 3. SOM Martinez (PDF) 4. Backup Docs SOM - Bobay (PDF) 5. Backup Docs SOM - Joseph (PDF) 6. Backup Docs SOM - Martinez (PDF) 7. SAP backup PI $33,925 09.08.20 (PDF) 16.D.8 Packet Pg. 1369 09/08/2020 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.8 Doc ID: 13142 Item Summary: Recommendation to approve and authorize the chairman to sign three (3) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $36,425 and the associated Budget Amendment. Meeting Date: 09/08/2020 Prepared by: Title: Grants Coordinator – Community & Human Services Name: Lisa Carr 08/08/2020 3:53 PM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 08/08/2020 3:53 PM Approved By: Review: Community & Human Services Leslie Davis Additional Reviewer Completed 08/10/2020 4:10 PM Community & Human Services Cormac Giblin Additional Reviewer Completed 08/11/2020 2:03 PM Community & Human Services Kristi Sonntag CHS Review Completed 08/17/2020 2:57 PM Community & Human Services Maggie Lopez Additional Reviewer Completed 08/17/2020 4:26 PM Operations & Veteran Services Kimberley Grant Level 1 Reviewer Completed 08/18/2020 4:54 PM Public Services Department Todd Henry Level 1 Division Reviewer Completed 08/19/2020 10:41 AM Grants Erica Robinson Level 2 Grants Review Completed 08/19/2020 1:00 PM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 08/19/2020 3:18 PM Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 08/20/2020 10:19 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 08/20/2020 10:37 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/20/2020 1:13 PM Budget and Management Office Ed Finn Additional Reviewer Completed 08/20/2020 4:25 PM Grants Therese Stanley Additional Reviewer Completed 08/21/2020 4:40 PM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 08/31/2020 4:47 PM Board of County Commissioners MaryJo Brock Meeting Pending 09/08/2020 9:00 AM 16.D.8 Packet Pg. 1370 16.D.8.a Packet Pg. 1371 Attachment: SOM Bombay (13142 : SOM SHIP) 16.D.8.b Packet Pg. 1372 Attachment: SOM Joseph (13142 : SOM SHIP) 16.D.8.c Packet Pg. 1373 Attachment: SOM Martinez (13142 : SOM SHIP) 16.D.8.d Packet Pg. 1374 Attachment: Backup Docs SOM - Bobay (13142 : SOM SHIP) 1 CarrLisa From:Holly A. Harmon <hharmon@naplespropertylaw.com> Sent:Thursday, June 4, 2020 10:09 AM To:CarrLisa; Jeff Bobay Cc:Stephanie Bobay; LopezMaggie; GiblinCormac Subject:RE: Request for Payoff Amount (Jeffrey Bobay) 1382 Wildwood Lakes Blvd #4 Naples, FL 34104 EXTERNAL EMAIL: This email is from an external source. Confirm this is a trusted sender and use extreme caution when  opening attachments or clicking links.  Received, thank you Ms. Carr for your assistance. Have a great day    As you are aware, a public health emergency currently exists in the State of Florida with regard to the COVID‐19 virus.     We will do our best to continue to operate normally and service your real estate needs. We will also be adopting social distancing measures,  including mobile notaries for signings, e‐mail correspondence vs. in‐person meetings, etc. as needed. Should individuals need to attend a closing at  our offices only the parties to the transaction and those individuals which are required to sign documents in regard to the transaction will be  permitted to attend closings.     These measures are meant to reduce the likelihood of person‐to‐person transmission of the virus. If you wish to take advantage of mobile notary  services, please let us know at least 48 hours in advance of your signing, and we will do our best to accommodate your needs. If you are feeling  unwell and have a signing appointment scheduled with us, please let us know prior to the appointment so that appropriate precautions can be  taken.    In the event that the federal government imposes other restrictions on businesses, we ask for your patience and cooperation in regard to your  transaction.     Best regards,    Holly A. Harmon  Board Certified Real Estate Attorney        Conroy, Conroy & Durant, P.A.  2210 Vanderbilt Beach Rd., Ste. 1201 Naples, Florida 34109   O: (239) 649‐5200 Direct: (239) 687‐1986  F: (239) 649‐8140    Confidentiality Notice: This email transmission (and/or  the attachments accompanying it) may contain legally privileged and confidential information, and is intended only  for the use of the individual or entity named above. If you are not the intended recipient, you are hereby notified  that any dissemination, disclosure, distribution or copying of this communication is strictly prohibited. If you have  received this communication in error, please promptly notify the sender by reply email and destroy the original  message. Thank you. CIRCULAR 230 DISCLOSURE: Pursuant to recently enacted Treasury Department Regulations,  we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in  this communication, including attachments and enclosures, is not intended or written to be used, and may not be  used, for the purpose of (i) avoiding tax‐related penalties under Internal Revenue Code or (ii) promoting, marketing  or recommending to another party any tax related matters addressed herein.     16.D.8.d Packet Pg. 1375 Attachment: Backup Docs SOM - Bobay (13142 : SOM SHIP) 2 Please note: ALL cash to close must be tendered in the form of a wire transfer.   Our wiring instructions will be sent with every closing transaction and are available upon request.   WE CANNOT ACCEPT ACH TRANSFERS.      From: CarrLisa   Sent: Thursday, June 4, 2020 9:41 AM  To: Jeff Bobay   Cc: Stephanie Bobay ; Holly A. Harmon ; LopezMaggie ; GiblinCormac   Subject: RE: Request for Payoff Amount (Jeffrey Bobay) 1382 Wildwood Lakes Blvd #4 Naples, FL 34104    Please find attached the requested pay‐off letter for the subject property. Let me know if you have any  questions.    Respectfully,  Lisa N. Carr  Senior Grants Coordinator  Community and Human Services Division  Collier County Government  3339 East Tamiami Trail, Building H., Suite 211, Naples, FL 34112  Phone: 239‐252‐2339  lisa.carr@colliercountyfl.gov        Making our Community Stronger: One life, one home, one project at a time.    To improve our services and technical assistance to our clients, vendors, or subrecipients, we ask that you provide us feedback on  our services to your organization by completing a short survey contain at the following links:    SHIP CLIENTS: Click here to take our survey.  INTERNAL PARTNERS: Click here to take our survey.        From: Jeff Bobay <jdbobay@gmail.com>   Sent: Wednesday, June 3, 2020 5:16 PM  To: CarrLisa <Lisa.Carr@colliercountyfl.gov>  Cc: Stephanie Bobay <stephaniebobay@gmail.com>; hharmon@naplespropertylaw.com  Subject: Request for Payoff Amount (Jeffrey Bobay)    EXTERNAL EMAIL: This email is from an external source. Confirm this is a trusted sender and use extreme caution when  opening attachments or clicking links.  Hi Lisa,    Thank you for taking my call earlier today and providing me with the requested information so quickly.    As we discussed, Please provide a payoff quote for my loan. Address located at  1382 Wildwood Lakes Blvd #4, Naples 34104. Originated in 2006.  16.D.8.d Packet Pg. 1376 Attachment: Backup Docs SOM - Bobay (13142 : SOM SHIP) 3   My closing agent has been provided with our title commitment reflecting an amount of loan that does not reflect the  untapped repair portion of our SHIP agreement.     At your earliest convenience, please forward the correct payoff documents to:    Holly A. Harmon, Attorney at Law  hharmon@naplespropertylaw.com    Thank you very much for your assistance.    Best Regards,  Jeff Bobay  Under Florida Law, e‐mail addresses are public records. If you do not want your e‐mail address released in response to a  public records request, do not send electronic mail to this entity. Instead, contact this office by telephone or in writing.   16.D.8.d Packet Pg. 1377 Attachment: Backup Docs SOM - Bobay (13142 : SOM SHIP) 16.D.8.d Packet Pg. 1378 Attachment: Backup Docs SOM - Bobay (13142 : SOM SHIP) 16.D.8.d Packet Pg. 1379 Attachment: Backup Docs SOM - Bobay (13142 : SOM SHIP) 16.D.8.d Packet Pg. 1380 Attachment: Backup Docs SOM - Bobay (13142 : SOM SHIP) 16.D.8.d Packet Pg. 1381 Attachment: Backup Docs SOM - Bobay (13142 : SOM SHIP) 16.D.8.d Packet Pg. 1382 Attachment: Backup Docs SOM - Bobay (13142 : SOM SHIP) 16.D.8.e Packet Pg. 1383 Attachment: Backup Docs SOM - Joseph (13142 : SOM SHIP) 16.D.8.e Packet Pg. 1384 Attachment: Backup Docs SOM - Joseph (13142 : SOM SHIP) 16.D.8.e Packet Pg. 1385 Attachment: Backup Docs SOM - Joseph (13142 : SOM SHIP) 16.D.8.e Packet Pg. 1386 Attachment: Backup Docs SOM - Joseph (13142 : SOM SHIP) 16.D.8.e Packet Pg. 1387 Attachment: Backup Docs SOM - Joseph (13142 : SOM SHIP) 16.D.8.e Packet Pg. 1388 Attachment: Backup Docs SOM - Joseph (13142 : SOM SHIP) 16.D.8.f Packet Pg. 1389 Attachment: Backup Docs SOM - Martinez (13142 : SOM SHIP) 16.D.8.f Packet Pg. 1390 Attachment: Backup Docs SOM - Martinez (13142 : SOM SHIP) 16.D.8.f Packet Pg. 1391 Attachment: Backup Docs SOM - Martinez (13142 : SOM SHIP) 16.D.8.f Packet Pg. 1392 Attachment: Backup Docs SOM - Martinez (13142 : SOM SHIP) 16.D.8.f Packet Pg. 1393 Attachment: Backup Docs SOM - Martinez (13142 : SOM SHIP) 16.D.8.f Packet Pg. 1394 Attachment: Backup Docs SOM - Martinez (13142 : SOM SHIP) 16.D.8.f Packet Pg. 1395 Attachment: Backup Docs SOM - Martinez (13142 : SOM SHIP) 16.D.8.hPacket Pg. 1396Attachment: SAP backup PI $33,925 09.08.20 (13142 : SOM SHIP)