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HomeMy WebLinkAboutCity of Tamarac Resolution R-2008-189Temp. Reso. #11539 Page 1 of 3 December 8, 2008 CITY OF TAMARAC, FLORIDA RESOLUTION No. R-2008-liq A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, SUPPORTING AMENDMENTS TO THE FLORIDA STATUTES TO INCREASE MORTGAGE HOLDERS' RESPONSIBILITY FOR DELINQUENT CONDOMINIUM, CO- OPERATIVE AND HOMEOWNERS' ASSOCIATIONS FEES, REGULAR ASSESSMENTS AND SPECIAL ASSESSMENTS ON UNITS IN FORECLOSURE AND ON FORECLOSED ON UNITS; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, due to current economic conditions which include a housing market crisis, South Florida, in particular, is experiencing a significant increase in foreclosure suits filed; and WHEREAS, under present Florida Law, mortgage holders are only responsible for unpaid condominium association fees that are the lesser of 1 % of any mortgage amount of six months of unpaid maintenance fees and regular assessments at the time of foreclosure; and WHEREAS, under the foregoing formula, condominium association fees often accumulate in excess of what the mortgage holder is responsible for resulting in such fees becoming the responsibility of the remaining association members who must pay, in many cases, exorbitant special assessments to cover the maintenance expenses and all special assessments of the building, while units in foreclosure proceedings and foreclosed units continue to benefit at no additional expense to the mortgage holder; and Temp. Reso. #11539 Page 2 of 3 December 8, 2008 WHEREAS, in order to provide a disincentive for mortgage lenders to delay foreclosure actions in order to avoid the payment of escalating condominium fees, and to fairly place responsibility on the party that has the most to benefit from the continued receipt of maintenance services on units in foreclosure proceedings and foreclosed units, the Florida Statutes should be amended; and WHEREAS, the City Commission of the City of Tamarac, Florida deems such an amendment to be in the best interests of the citizens and residents of the City of Tamarac. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC AS FOLLOWS: Section 1. The foregoing "WHEREAS" clauses are confirmed and ratified as being true and correct and are hereby incorporated herein. Section 2. That the City Commission of the City of Tamarac, Florida hereby supports amendments to the Florida Statutes to increase mortgage holders' responsibility for delinquent condominium, co-operative and homeowners' association fees, regular assessments and special assessments on units in foreclosure. Section 3. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. 1 1 Temp. Reso. #11539 Page 3 of 3 December 8, 2008 Section 4. If any clause, section, other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. Section 5. This Resolution shall become effective immediately upon its passage and adoption. PASSED AND ADOPTED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA THIS IP& DAY OF AeIIA 2008. ATTEST: MARION SWENSON, CMC CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form. 44 A • WLIEL 9. 06REN CITY ATTqRNEY CITY OF TAMARAC, FLORIDA Beth Flansbaum-Talc sco, Mayor RECORD OF COMMISSION VOTE: MAYOR FLANSBAUM-TALABISCO DIST 1: COMM. BUSHNELL DIST 2: VM ATKINS-GRAD DIST 3: COMM. GLASSER DIST 4: COMM. DRESSLER