Agenda 04/23/2019 Item #16D 2 (Satisfaction of Mortgage - Yeoman)04/23/2019
EXECUTIVE SUMMARY
Recommendation to approve one (1) satisfaction of mortgage for the State Housing Initiatives
Partnership Loan Program in the amount of $2,500.
OBJECTIVE: To support the affordability of housing in Collier County through State Housing
Initiatives Partnership (SHIP) down-payment, emergency repair, and/or rehabilitation assistance
programs.
CONSIDERATIONS: The SHIP Program, 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
99-155 Sherry A
Yeoman
07/29/1999 08/04/1999 OR 2578 PG
0029
$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
document 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 is considered program income. $2,500 was deposited in SHIP
Grant Fund (791), Project 33569. Deposited funds will be used for eligible SHIP activities. 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 Chair to sign the one (1) satisfaction of mortgage
for the State Housing Initiatives Partnership Loan Program in the amount of $2,500.
Prepared By: Jason Rummer, Operations Analyst, Community and Human Services Division
ATTACHMENT(S)
1. SOM Yeoman STAMPED CAO(DOCX)
2. yeoman sherry original mortgage 07.29.1999 (PDF)
3. POP SAP Backup for Sherry Yeoma 02.28.2019 (PDF)
16.D.2
Packet Pg. 1763
04/23/2019
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.D.2
Doc ID: 8466
Item Summary: Recommendation to approve one (1) satisfaction of mortgage for the State
Housing Initiatives Partnership Loan Program in the amount of $2,500.
Meeting Date: 04/23/2019
Prepared by:
Title: Operations Analyst – Public Transit & Neighborhood Enhancement
Name: Jason Rummer
03/27/2019 2:43 PM
Submitted by:
Title: Manager - Federal/State Grants Operation – Community & Human Services
Name: Kristi Sonntag
03/27/2019 2:43 PM
Approved By:
Review:
Community & Human Services Leslie Davis Additional Reviewer Completed 03/27/2019 4:11 PM
Community & Human Services Maggie Lopez Additional Reviewer Completed 04/01/2019 8:15 AM
Community & Human Services Cormac Giblin Additional Reviewer Completed 04/01/2019 11:24 AM
Community & Human Services Kristi Sonntag CHS Review Completed 04/01/2019 4:48 PM
Public Services Department Kimberley Grant Level 1 Reviewer Completed 04/04/2019 12:06 PM
Public Services Department Todd Henry Level 1 Division Reviewer Completed 04/04/2019 1:45 PM
County Attorney's Office Jennifer Belpedio Level 2 Attorney of Record Review Completed 04/04/2019 4:25 PM
Public Services Department Steve Carnell Level 2 Division Administrator Review Completed 04/09/2019 1:27 PM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 04/10/2019 11:40 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 04/12/2019 8:29 AM
Budget and Management Office Ed Finn Additional Reviewer Completed 04/12/2019 10:07 AM
County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 04/15/2019 2:37 PM
Board of County Commissioners MaryJo Brock Meeting Pending 04/23/2019 9:00 AM
16.D.2
Packet Pg. 1764
16.D.2.a
Packet Pg. 1765 Attachment: SOM Yeoman STAMPED CAO (8466 : SATISFACTION OF MORTGAGE)
16.D.2.b
Packet Pg. 1766 Attachment: yeoman sherry original mortgage 07.29.1999 (8466 : SATISFACTION OF MORTGAGE)
16.D.2.b
Packet Pg. 1767 Attachment: yeoman sherry original mortgage 07.29.1999 (8466 : SATISFACTION OF MORTGAGE)
16.D.2.b
Packet Pg. 1768 Attachment: yeoman sherry original mortgage 07.29.1999 (8466 : SATISFACTION OF MORTGAGE)
16.D.2.b
Packet Pg. 1769 Attachment: yeoman sherry original mortgage 07.29.1999 (8466 : SATISFACTION OF MORTGAGE)
16.D.2.c
Packet Pg. 1770 Attachment: POP SAP Backup for Sherry Yeoma 02.28.2019 (8466 : SATISFACTION OF MORTGAGE)