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Home My WebLink AboutCity of Tamarac Resolution R-2001-094F-J April 4, 2001 Temp Reso #9340 1 Revision No. 1 - April 11, 2001 CITY OF TAMARAC, FLORIDA RESOLUTION NO R-2001-94 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO AMEND THE STATE OF FLORIDA'S STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM BUDGET OF ESTIMATED REVENUES AND EXPENDITURES BY ACCEPTING A MODIFIED ALLOCATION OF SHIP PROGRAM FUNDS IN THE AMOUNT OF AN ADDITIONAL $1,635.00 FOR A TOTAL ALLOCATION OF $436,145.00 FOR FISCAL YEAR 2001- 2002 TO BE UTILIZED ACCORDING TO THE CITY OF TAMARAC'S LOCAL HOUSING ASSISTANCE PLAN AND HOUSING DELIVERY GOALS CHART; APPROPRIATING SAID FUNDS, INCLUDING ANY AND ALL NECESSARY BUDGET TRANSFERS; AUTHORIZING APPROPRIATE CITY OFFICIALS TO ADMINISTRATIVELY EXECUTE FUTURE AMENDMENTS TO THE CITY'S SHIP PROGRAM BUDGET FOR AN AMOUNT NOT TO EXCEED $10,000.00 PER EVENT, AS MAY BE NECESSARY TO REFLECT ADJUSTMENTS MADE BY THE FLORIDA HOUSING FINANCE CORPORATION; CASE NO. 17-MI-01; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the State's Florida Housing Finance Corporation, the administrators of the State Housing Initiatives Partnership (SHIP) Program, has recently notified the City of Tamarac of a modification to its estimated Fiscal Year 2001-2002 annual grant allocation of State Housing Initiatives Partnership (SHIP) Program funds (attached hereto as Exhibit 1"); and WHEREAS, the City will utilize the adjusted FY 2001-02 allocation of funds April 4, 2001 Temp Reso #9340 2 Revision No. 1 — April 11, 2001 according to its Local Housing Assistance Plan and Housing Delivery Goals Chart (attached hereto as Exhibit "2"); and WHEREAS, prior to and during the SHIP fiscal year, the Florida Housing Finance Corporation makes routine adjustments to the entitlement jurisdiction's estimated annual allocations which require the local governing body's action; and WHEREAS, budgetary adjustments must be approved by the City Commission for each budgetary adjustment; and WHEREAS, approving an administrative authority for budgetary adjustments to the SHIP Program's annual grant allocation, totaling less than $10,000.00 per event, will maximize efficiency in the SHIP Program and accounting procedures and minimize routine agenda item preparation; and WHEREAS, the Director of Community Development recommends approval of the modification to the SHIP Program budget and the approval for limited administrative authority for budgetary amendments to the City's SHIP annual grant allocation; and WHEREAS, the City Commission of the City of Tamarac, Florida, deems it to be in the best interest of the citizens and residents of the City of Tamarac to authorize the appropriate City Officials to amend the State of Florida's State Housing Initiatives Partnership (SHIP) Program Budget of estimated revenues and expenditures by accepting a modified allocation of SHIP Program funds in the amount of an additional $1,635.00 fora total allocation of $436,145.00 for Fiscal Year 2001-2002 to be utilized according to the City of Tamarac's Local Housing Assistance Plan and Housing Delivery Goals Chart; appropriating said funds, including any and all necessary budget transfers; authorizing f L 1 April 4, 2001 Temp Reso #9340 3 Revision No. 1 — April 11, 2001 appropriate City Officials to administratively execute future amendments to the City's SHIP Program Budget for an amount not to exceed $10,000.00 per event, as may be necessary to reflect adjustments made by the Florida Housing Finance Corporation. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this Resolution. SECTION 2: That the appropriate City Officials are hereby authorized to amend the SHIP Fund Budget of estimated revenues and expenditures by accepting a modified allocation of SHIP Program funds in the amount of an additional $1,635.00 for a total allocation of $436,145.00 for the Fiscal Year 2001-2002 to be utilized according to the City's Local Housing Assistance Plan and Housing Delivery Goals Chart. SECTION 3: That the appropriate City Officials are hereby authorized to appropriate said funds, including any and all subsequent budgetary _transfers to be in accordance with proper accounting standards. SECTION 4: That the appropriate City Officials are hereby authorized to administratively execute future amendments to the SHIP Program Budget for an amount not to exceed $10,000.00 per event as may be necessary to reflect adjustments made by the Florida Housing Finance Corporation. SECTION 5: All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. April 4, 2001 Temp Reso #9340 4 Revision No. 1 - April 11, 2001 SECTION 6: 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 7: This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED AND APPROVED this 251" day of April, 2001. ATTEST: -"L MARION SW SON, CMC CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTAON as to form. ITCHELL S: KF CITY ATTORN com and ev\u:\pats\userdata\wpdata\res\9340 JOE SCHREIBER MAYOR RECORD OF COMMISSION VOTE: MAYOR SCHREIBER " DIST 1: COMM. PORTNER DIST 2: COMM. MISHKIN� DIST 3: V/M SULTANOF C (fST 4: COMM. ROBERTS 11 F--J 1 EXHIBIT 11111 TEMP RESO #9340 FWRWA 110USYNG FINANCE CORPORATION MEMORANDUM J vtusa GoVelrnor CI.IARLs kh LmCCxrtx Chairman TO: SI I1P Administrators Rouen JAY TAYLOR Vice Chairman FROM: Tom Burt BOARD or nll1SCMRs SFEP Program Administrator STEPHAME BA1,DW1N RE: Updated Revenue Projections for Fiscal Year 2001/2002 jAC1C Mnxwhu. J1,cKs,RDxwEm Cmnv MEVER-Wawa TERRY SAN OO DATE: March 15, 2001 SreVEN Srlu1 a Ex U1fielo The Governor's recommended budget included a $126.6 million appropriation Kmm KAPLAN Executive Director for SHIP. That number was based on the then -available revenue projections. chart showing the effects on that appropriation Some of you may have seen a of the $5 million that the Senate President proposes to appropriate for homeless issues from the Local Government Housing Trust Fund. The revenue estimating conference recently increased the revenue projections for that trust fund to $132.2 million for fiscal year 2001-2002. Keeping in mind forecasts and that the SHIP distributions will that all revenue projections are be based on actual collections, we expect that the actual distributions that SHIP administrators can expect will be based on at least $127 million, even after the $5 million appropriation. Accordingly, we believe that SHIP will funds than initially expected. receive even more Based on the new revenue projections, it is not necessary for all local governments to submit a new Housing; Delivery Goals Chart at this time. E Attached are the updated revenue projections for Fiscal Year 2001/2002_ If you have additional questions, please feel free to contact either Darlene Raker or myself. Thank you. pg1of2 227 North Sronough Street, Suite 5000 • Tallahassee, Florida 32301-1329 • 850A98-4197 • Fax: 850-488-9809 ALACHUA Gainesville 1,825,316.00 984,941.00 840,375.00 BAKER 350,000.00 350,000.00 BAY Panama City 1,258,686.00 944,392.00 314,294.00 BRADFORD 350,000.00 350,000.00 5KEVARD 3,977,b.90_UU 1,11J,6:SU.UU Cocoa 150,762.00 Melbourne 591,114.00 Palm Bay 665,899.00 Titusville 344,485.00 13ROWARD 12,425,788.00 3,387,270.00 Coral Springs 956,786.00 Davie 593,953.00 Deerfield Beach 489,576.00 Ft. Lauderdale 1,230,153.00 Hollywood 1,061,162.00 Lauderhill 415,021.00 Margate 416,264,00 Miramar 495,799.00 Pembroke Pines 1,020,157.00 Plantation , 661,052%0 Pompano'Beach 611,349.00 Sunrise 651,111.00 Tamarac 436,145.00 aE CALHOUN 350,000.00 350,000.06 CHARLOTTE 1,155,020.00 1,036,861,00 Punta Garda 118,159,00 CITRUS ( 978,909.00 1 979,809.00 pg2of2 Rpr 03 01 10:23a 0 0 �. •ti ro aOOe c• o w Community Redevelopment 9544316882 p.2 iz L:;n I