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Agenda 04/13/2021 Item #16D3 (SHIP Mortgage Satisfactions)04/13/2021 EXECUTIVE SUMMARY Recommendation to approve and authorize the chairman to sign two (2) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $83,780.55 and the associated Budget Amendment. (Net Fiscal Impact $83,780.55) OBJECTIVE: To support the affordability of housing in Collier County through 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. As such, satisfaction of mortgages is required. File # Name Public Record Mortgage Amount Payoff Amount 07-065 Kyle Bennett & Anna Bennett OR 4292/PG 3407 $42,530.55 $42,530.55 06-120 Nicole Molnar OR 4234/PG 1819 $41,250 $41,250 Total $83,780.55 $83,780.55 Approval of this item will authorize the Chairman to sign the aforementioned satisfactions of mortgage and the executed documents shall be recorded in the Public Records of Collier County, Florida. FISCAL IMPACT: The repaid amount of $83,780.55 satisfies the payoff amount. These repayments are considered program income and have been deposited in SHIP Grant Fund (791), Project 33686. Deposited funds will be used for SHIP-eligible activities. The Budget Amendment recognizes $83,780.55 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 two (2) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $83,780.55 and approve the associated Budget Amendment. Prepared By: Lisa N. Carr, Interim Housing Operations and Grant Development Manager, Community and Human Services Division ATTACHMENT(S) 1. SHIP SOM Bennett (PDF) 2. SHIP SOM Molnar (PDF) 16.D.3 Packet Pg. 1025 04/13/2021 3. Backup Docs SOM - Bennett (PDF) 4. Backup Docs SOM - Molnar (PDF) 5. SAP $83,780.55 03.09.21 (PDF) 16.D.3 Packet Pg. 1026 04/13/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.D.3 Doc ID: 15245 Item Summary: Recommendation to approve and authorize the chairman to sign two (2) mortgage satisfactions for the State Housing Initiatives Partnership loan program in the amount of $83,780.55 and the associated Budget Amendment. Meeting Date: 04/13/2021 Prepared by: Title: Grants Coordinator – Community & Human Services Name: Lisa Carr 03/09/2021 10:31 AM Submitted by: Title: Manager - Federal/State Grants Operation – Community & Human Services Name: Kristi Sonntag 03/09/2021 10:31 AM Approved By: Review: Community & Human Services Leslie Davis Additional Reviewer Completed 03/09/2021 12:43 PM Community & Human Services Maggie Lopez Additional Reviewer Completed 03/10/2021 6:56 AM Community & Human Services Lisa Carr CHS Review Skipped 03/10/2021 12:01 PM Operations & Veteran Services Kimberley Grant Additional Reviewer Completed 03/11/2021 9:37 AM Public Services Department Todd Henry Public Services Deapartment Completed 03/15/2021 8:47 AM Grants Erica Robinson Level 2 Grants Review Completed 03/15/2021 9:21 AM Public Services Department James C French PSD Dept Head Review Completed 03/16/2021 9:56 PM County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 03/24/2021 3:45 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 03/24/2021 3:52 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 03/25/2021 10:47 AM Grants Therese Stanley Additional Reviewer Completed 03/29/2021 11:14 AM Budget and Management Office Ed Finn Additional Reviewer Completed 03/30/2021 4:22 PM County Manager's Office Dan Rodriguez Level 4 County Manager Review Completed 03/31/2021 4:56 PM Board of County Commissioners MaryJo Brock Meeting Pending 04/13/2021 9:00 AM 16.D.3 Packet Pg. 1027 16.D.3.a Packet Pg. 1028 Attachment: SHIP SOM Bennett (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.b Packet Pg. 1029 Attachment: SHIP SOM Molnar (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.c Packet Pg. 1030 Attachment: Backup Docs SOM - Bennett (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.c Packet Pg. 1031 Attachment: Backup Docs SOM - Bennett (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.c Packet Pg. 1032 Attachment: Backup Docs SOM - Bennett (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.c Packet Pg. 1033 Attachment: Backup Docs SOM - Bennett (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.c Packet Pg. 1034 Attachment: Backup Docs SOM - Bennett (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.c Packet Pg. 1035 Attachment: Backup Docs SOM - Bennett (15245 : SHIP Satisfaction of Mortgage April 2021) From:Robin Wolfe To:CarrLisa Subject:PAYOFF OF LOAN - KYLE AND ANNA BENNETT Date:Monday, February 22, 2021 4:44:37 PM Attachments:Second Mortgage.pdf 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. Good Afternoon: Can you please forward a payoff letter as of 2/26/2021 with a per diem interest rate in the event the closing is delayed Thank you for your attention to this matter. Robin Robin A. Wolfe Real Estate Closer DIRECT LINE (239) 877-0479 robin@heightstitle.com Naples Office - The Fountain Park Plaza 7955 Airport Puling Rd N, Suite 202 Naples, FL 34109 (239) 596-5148 Tel (239) 596-5149 Fax *PLEASE NOTE THAT ONLY WIRED FUNDS WILL BE ACCEPTED AT THE TIME OF CLOSING* HEIGHTS TITLE SERVICES, LLC www.heightstitle.com “Delivering Real Solutions for Real Estate” 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 16.D.3.c Packet Pg. 1036 Attachment: Backup Docs SOM - Bennett (15245 : SHIP Satisfaction of Mortgage April 2021) 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 or local government imposes other restrictions on businesses, we ask for your patience and cooperation in regard to your transaction. WARNING! – FRAUDULENT FUNDING INSTRUCTIONS. E-mail hacking and fraud are on the rise to fraudulently misdirect funds. Please call your escrow officer immediately using contact information found from an independent source, such as the sales contract or internet, to verify any funding instructions received. We are not responsible for any wires sent by you to an incorrect bank account. Note for information: Due to the overwhelming amount of fraudulent cashier's checks circulating in Florida, we will require all cash to close to be tendered in the form of a wire transfer. Our wiring instructions will be sent with every closing transaction and are available upon request. 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Any statements regarding tax matters made herein, including any attachments, are not formal tax opinions by the sender, cannot be relied upon or used by any person to avoid tax penalties, and are not intended to be used or referred to in any marketing or promotional materials Naples Office   Estero Office 101 Aviation Drive N. 21105 Design Parc Lane, Suite 101 Naples, FL 34104 Estero, FL 33928 (239) 596-5148 Tel (239) 596-5149 Fax Sent from Qualia 16.D.3.c Packet Pg. 1037 Attachment: Backup Docs SOM - Bennett (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.d Packet Pg. 1038 Attachment: Backup Docs SOM - Molnar (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.dPacket Pg. 1039Attachment: Backup Docs SOM - Molnar (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.d Packet Pg. 1040 Attachment: Backup Docs SOM - Molnar (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.d Packet Pg. 1041 Attachment: Backup Docs SOM - Molnar (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.d Packet Pg. 1042 Attachment: Backup Docs SOM - Molnar (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.d Packet Pg. 1043 Attachment: Backup Docs SOM - Molnar (15245 : SHIP Satisfaction of Mortgage April 2021) From:Patricia Sinisgalli To:CarrLisa Cc:Christina Davidow Subject:Molnar-196 Napa Ride Rd E #5, Naples, FL-Your File # 06-120 Date:Monday, February 15, 2021 3:10:25 PM 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. Good Afternoon, Our firm is representing Nicole Molnar in the sale of the above referenced property. Accordingly, we need to request a payoff for the promissory note on the property through 3/10/21. If you have any questions or concerns, please do not hesitate to contact us. Thank you. Patricia Sinisgalli, Paralegal Willis & Davidow, LLC WD Title & Escrow, LLC 9015 Strada Stell Court #106 Naples, Florida 34109 Tel. (239) 465-0531 Fax (888) 435-0911 E-Mail: psinisgalli@willisdavidow.com Web: www.willisdavidow.com 16.D.3.d Packet Pg. 1044 Attachment: Backup Docs SOM - Molnar (15245 : SHIP Satisfaction of Mortgage April 2021) 16.D.3.e Packet Pg. 1045 Attachment: SAP $83,780.55 03.09.21 (15245 : SHIP Satisfaction of Mortgage April 2021)