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Resolution 2011-110 RESOLUTION NO. 2011--.llD A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, TO REPEAL AND REPLACE RESOLUTION 2009-81, APPROVING AND AUTHORIZING THE ACTIVITIES AS OUTLINED IN THE COLLIER COUNTY NEIGHBORHOOD STABILIZATION PROGRAM SUBSTANTIAL AMENDMENTS IN ACCORDANCE WITH THE PROVISIONS OF THE HOUSING AND ECONOMIC RECOVERY ACT OF 2008, AS AMENDED, AND THE WALL STREET REFORM AND CONSUMER PROTECTION ACT OF 2010, ADMINISTERED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT; DELEGATING AUTHORITY TO CHAIRMAN OF THE BOARD OF COUNTY COMMISSIONERS TO EXECUTE DOCUMENTS INCIDENT TO THE ACQUISITION OF FORECLOSED OR ABANDONED PROPERTIES ON BEHALF OF THE BOARD; AND AUTHORIZING STAFF TO PROCEED WITH ACTIVITIES REQUIRED TO EXPEDITE SAID PROPERTY ACQUISITION AND REHABILITATION. WHEREAS, on March 24, 2009, the Board of County Commissioners approved and accepted a grant from the U.S. Department of Housing and Urban Development (HUD), and also approved the Administrative Plan developed by the Department of Housing, Human and Veteran Services for administration of the grant under the terms and conditions of the Neighborhood Stabilization Program as authorized by Title III of the Housing and Economic Recovery Act of 2008, as amended; and WHEREAS, on October 27, 2009, the Board of County Commissioners approved an amended Administrative Plan in response to substantive revisions to the rules and regulations of the Neighborhood Stabilization Program; and WHEREAS, on April 12, 2011, the Board of County Commissioners approved and accepted an additional appropriation of Neighborhood Stabilization F3.(j':: 1 ~ 5 Program funding from HUD through the Wall Street Reform and Consumer Protection Act of 201 0; and WHEREAS, provisions of the additional appropriation require that 50 percent of grant funds be spent for initial acquisitions of foreclosed or abandoned residential properties within two (2) years and 100 percent spent within three (3) years; and WHEREAS, provisions of the Neighborhood Stabilization Program provide that funds realized from the subsequent disposition of properties and classified as program income may be further utilized for eligible activities as described by the Neighborhood Stabilization Program and HUD until such funds are exhausted; and WHEREAS, the expeditious acquisition of property is of paramount importance to the timely administration and successful implementation of the Neighborhood Stabilization Program for the benefit of Collier County; and WHEREAS, accomplishing the property acquisition and rehabilitation within the HUD imposed timeframes, and ensuring that the maximum possible number of properties are acquired and rehabilitated within those timeframes, requires a properly coordinated team effort between the Department of Housing, Human and Veteran Services, the Real Property Management Section of the Facilities Management Department, the Office of the County Attorney, and the Board of County Commissioners, and certain processes require streamlining and abbreviation wherever possible; and :'dge 2 [5 WHEREAS, Resolution No. 2009-81 is hereby repealed and replaced with this Resolution to implement changes made to the Neighborhood Stabilization Program by HUD. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that the acquisition and rehabilitation of foreclosed or abandoned residential properties under the provisions of the Neighborhood Stabilization Program is necessary for a public purpose and is in the best interest of Collier County, and the Board recognizes the importance of the successful and timely implementation of the Program. AND BE IT FURTHER RESOLVED that the Board of County Commissioners of Collier County, Florida, recognizes the importance of the property acquisition and rehabilitation function and its relationship to the overall project schedule; and the Board desires to facilitate and expedite the property acquisition and rehabilitation process to the extent that it is empowered to do so by law. AND BE IT FURTHER RESOLVED that the following measures are reasonably necessary for the timely, efficient, and expeditious implementation and completion of the Collier County Neighborhood Stabilization Program: 1. The County Manager or his designees are hereby authorized and directed to identify, evaluate, appraise, and perform all due diligence procedures necessary for the acquisition and rehabilitation of residential properties, all in accordance with the provisions of the Neighborhood Stabilization Program and HUD requirements. Pi:qc. 3 ~)f 5 2. The Chairman of the Board of County Commissioners is hereby authorized to execute Agreements for Sale and Purchase for the acquisition of foreclosed or abandoned residential properties at purchase prices in accordance with the Collier County Neighborhood Stabilization Plan Administrative Plan, based upon appraised values discounted at least one (1) percent, and as approved by the County Attorney's Office for the life of the project. 3. Upon approval of the County Attorney's Office of all documents necessary for property acquisition, the County Manager or his designees are hereby authorized and directed to proceed to acquire foreclosed or abandoned residential properties, to follow all appropriate closing procedures, and to record all necessary documents in the Public Records of Collier County, Florida. The County Manager or his designee is further authorized to prepare requests for payment and request the Clerk of the Circuit Court to prepare related Warrants for payment of purchase prices and other related acquisition costs; and the Board of County Commissioners hereby authorizes its Chairman to execute any and all agreements and other legal instruments pertinent to such property acquisition, which have been reviewed and approved by the County Attorney's Office. 4. The total acquisition cost per residential unit shall not exceed One Hundred Fiftv Thousand and 00/100 Dollars ($150,000.00) without the express permission of the Board of County Commissioners, and the total rehabilitation cost per unit shall not exceed Fifty Thousand and 00/100 Dollars ($50.000.00) without the express permission of the Board of County Commissioners. F,j,~jC 4 (:.,: 5 5. All title to residential properties which have been acquired in the manner described above shall be deemed "accepted" by the Board of County Commissioners, as the governing body of Collier County, Florida, a political subdivision of the State of Florida. 6. The Department of Housing, Human and Veteran Services shall provide the Board of County Commissioners reports in conformance with Collier County Ordinance No. 2009-63 of all foreclosed or abandoned residential properties when such properties are being considered for final disposition. THIS RESOLUTION ADOPTED this 28th day of June, 2011 after motion, second and majority vote. ATTEST: ' " D GtlT E. BROCK, CLERK ( _ 'VD~tf A t!st II to OIl ~ty. Clerk Jlgn4turt orin ,., ! .' j. BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA By ~W.C~ Fred W. Coyle, Chairman , "',1 Approved as to form and legal sufficiency: ~\~"\0~ Jennl er White Assistant County Attorney Fdle 5 ~d_- 5