File #: 2017-698    Version: 1 Name: Desingating fund allocations for affordable housing projects
Type: Resolution Status: Passed
File created: 5/8/2017 In control: City Commission
On agenda: 6/6/2017 Final action: 6/6/2017
Title: Designating a process to disburse fund allocations nominated to the Monroe County Land Authority ("Land Authority") in Resolution 16-347 for Affordable Housing Projects by Habitat for Humanity of Key West and the Lower Florida Keys, Inc. ("Habitat"); Requiring Habitat to use procurement procedures in conformance with City Purchasing Code for the projects at 1116 Truman Avenue and 209 Olivia Street; Stating that City will disburse funds upon receipt of final inspections and Certificate of Occupancy, if necessary; Requiring a release upon payment of funds; Ratifying the payment of funds nominated in Resolution 16-347 by Land Authority to the mortgage holder for 716 Eisenhower Drive.
Sponsors: Jim Scholl
Attachments: 1. Resolution, 2. Resolution 16-347

Title

Designating a process to disburse fund allocations nominated to the Monroe County Land Authority ("Land Authority") in Resolution 16-347 for Affordable Housing Projects by Habitat for Humanity of Key West and the Lower Florida Keys, Inc. ("Habitat"); Requiring Habitat to use procurement procedures in conformance with City Purchasing Code for the projects at 1116 Truman Avenue and 209 Olivia Street; Stating that City will disburse funds upon receipt of final inspections and Certificate of Occupancy, if necessary; Requiring a release upon payment of funds; Ratifying the payment of funds nominated in Resolution 16-347 by Land Authority to the mortgage holder for 716 Eisenhower Drive.