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STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM ACT, SUBSECTIONS 420. 907- 420. 9079, FLORIDA STATUTES; AND RULE CHAPTER 67 -37, FLORIDA ADMINISTRATIVE CODE; AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE ANY NECESSARY DOCUMENTS AND CERTIFICATIONS NEEDED BY THE STATE; AUTHORIZING THE SUBMISSION OF THE LOCAL HOUSING ASSISTANCE PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION; AND PROVIDING AN EFFECTIVE DATE. R Rµµ MR kRktlr WHEREAS, the State ofFlorida enacted the William E. Sadowski Affordable Housing Act, Chapter 92- 317 of Florida Sessions Taws, allocating a portion of documentary stamp taxes on deeds to local governments for the development and maintenance of affordable housing; and WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, as. 420. 907420.9079, Florida Statutes 1992), and Rule Chapter 67 -37, Florida Administrative Code, requires local governments to develop a one- to three-year Local Housing Assistance Plan outlining how funds will be used; and WHEREAS, the SHIP Act requires local governments to establish the maximum SHIP funds allowable for each strategy, and WHEREAS, the SHIP Act further requires local governments to establish an average area purchase price for new and existing housing benefiting from awards made pursuant to the Act; The methodology and purchase prices used are defined in the attached Local Housing Assistance Plan; and WHEREAS, as required by section 42 0.9075, F.S. It is found that 5 percent of the local housing distribution plus 5 percent of program income is insufficieat to adequately pay the necessary costs of administering the local housing assistance plan. The cost of administering the program may not exceed 10 percent of the local housing distribution plus 5% of program income deposited into the trust fund, except that small counties, m defined in s. 120. 52( 17), and eligible municipalities receiving a local bowing distribution of up in $ 350, 000 may use up to 10 percent of program income for administrative costs. LHAP Exhibit: E 2013 67- 37. 005( 1), F.A. C. WHEREAS, the Economic and Community Development Department has prepared a three -year Local Housing Assistance Plan for submission to the Florida Housing Finance Corporation; and WHEREAS, the City Commission finds that it is in the best interest of the public for Okaloosa Countytu submit the Local Housing Assistance Plan for review and approval so as to qualify for said documentary stamp tax funds; and NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISIONERS OF OKALOOSA COUNTY, FLORIDA that: Section l: The Board of County Commissioners of0kaloosa County hereby approves the Local Housing Assistance Plan, as attached and incorporated hereto for submission to the Florida Housing Finance Corporation as required by as. 420.907420 -9079, Florida Statutes, for fiscal years 20132014, 2014 /2015, and 2015/ 2016 Section 2: The Chairman of the board of County Commissioners, is herebydesignated and authorized to execute any documents and certifications required by the Florida Housing Finance Corporation as related to the Local Housing Assistance Plan, and to do all things necessary and proper to carry out the term and conditions of said program. Section 3: This resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED THIS 21st DAY OF May 2013 Don R. Amunds, Chairman Board of County Commissioners OD" ATTEST: SEAL)SEAL) oE0— oE0— Q2r/!Q2r/! - - 11 tDon DVDV_ _ tDon W.W. Howard,Howard, CountyCounty ClerkClerk DateDate LHAP Exhibit E 2013 67- 37. 005( 1), F.A. C. RESOLUTION q: A RESOLUTION OF THE MAYOR OF FORT WALTON BEACH, OKALOOSA COUNTY, FLORIDA APPROVING THE LOCAL HOUSING ASSISTANCE PLAN AS REQUIRED BY THE STATE HOUSING INITIATIVES PARTNERSHIP PROGRAM ACT, SUBSECTIONS 420. 907 -420. 9079, FLORIDA STATUTES; AND RICE CHAPTER 67 -37, FLORIDA ADMINISTRATIVE CODE; AUTHOREUNG AND DIRECTING THE MAYOR TO EXECUTE ANY NECESSARY DOCUMENTS AND CERTIFICATIONS NEEDED BY THE STATE; AUTHORIZING THE SUBMISSION OF THE LOCALHOUSING ASSISTANCE PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA HOUSING FINANCE CORPORATION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the State ofFlorida enacted the William E. Sadowski Affordable Housing Act, Chapter 92- 317 of Florida Sessions Laws, allocating a portion of documentary stamp taxes on deeds to local governments for the development and maintenance of affordable housing; and WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, ss. 420.907 -420.9079, Florida Statutes 1992), and Rule Chapter 67 -37, Florida Administrative Code, requires local governments to develop a one- to three -year Local Housing Assistance Plan outlining how funds will be used; and WHEREAS, the SHIP Act requires local governments to establish the maximum SHIP funds allowable for each strategy, and WHEREAS, the SHIP Act further requires local governments to establish an average area purchase price for new and existing housing benefiting from awards made pursuant to the Act; The methodology and purchase prices used are defined in the attached Local Housing Assistance Plan; and WHEREAS, as required by section 420.9075, F.S. It is found that 5 percent of the local housing distribution plus 5 percent of program income is insufficient to adequately pay the necessary costs of administering the local housing assistance plan. The cost of administering the program may not exceed 10 percent of the local housing distribution plus 5% of program income deposited into the trust fund, except that small counties, as defined in s- 120. 52( 17), and eligible municipalities receiving a local housing distribution of up to $ 350, 000 may use up to 10 percent of program income for administrative costs. LHAP Exhibit E 2013 67- 37. 005( 1), F.A. C. WHEREAS, the Economic and Community Development Department has prepared a three -year Local Housing Assistance Plan for submission to the Florida Housing Finance Corporation; and WHEREAS, the City Commission finds that it is in the best interest of the public for Okalcow County to submit the Local Housing Assistance Plan for review and approval so as to qualify for said documentary stamp tax funds; and NOW THEREFORE, BE IT RESOLVED BY THE MAYOR FORT WALTON BEACH, OKALOOSA COUNTY, FLORIDA that: Section 1: The Board of Mayor of Fort Walton Beach, Okaloosa County hereby approves the Local Housing Assistance Plan, as attached and incorporated hereto for submission to the Florida Housing Finance Corporation as required by ss. 420.907 -420-9079, Florida Statutes, for fiscal years 2013/ 2014, 20142015, and 2015/ 2016 Section 2: The Mayor of Fort Walton Beach, is hereby designated and authorized to execute any documents and certifications required by the Florida Housing Finance Corporation as related to the Local Housing Assistance Plan, and to do all things necessary and proper to carry out the term and conditions of said program. Sectirm 3: This resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED TH18 DAY OF J Mike Anderson, Mayor Fort Walton Beach ATTEST: SEAL) 91(U4 _ /% 102 Helm Spencer, Qadu Date City Clerk LHAP Exhibit F 2013 67- 37. 005( 1), F.A. C. STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM PROGRAM INFORMATION SHEET The following information must be furnished to the Corporation before any funds can be disbursed. Local Government Okaloosa County Chief Elected Official Don R. Amunds Address 1804 Lewis Tumer Blvd., Suite 100, Fort Walton Beach, FL 32547 SHIP Administrator Okaloosa Community Development Corp. Address 204 Cloverdale Blvd, Fort Walton Beach, FL 32547 Telephone 850- 863 -1969 EMAIL Okaloosacdc@embargmail. com Alternate SHIP Contact Banda Bailey Telephone 850-651 - 7200 ext 4581 EMAH, grants@clerkofcourts. oc laterlocal Agreement ( list other local Okaloosa County governments in interlocal) City of Fort Walton Beach Local Government Employer Federal ID# 59- 6000765 Disbursement ( list bank account information if changed from previous) Other Information Please attach this form as Exhibit F and submit along with your completed LEAP. INTERLOCAL AGREEMENT State Housing Initiatives Partnership Program THIS INTERLOCAL AGREEMENT made and entered Into this alAday of 2013, by and between OKALOOSA COUNTY, a political subdivision of the Sta6 of Florida, acting by and through its Board of County Commissioners ( the County") and the City of Fort Walton Beach, a municipal corporation created and existing under the laws of the State of Florida, acting by and through its City Council the "City"): WITNESSETH: WHEREAS, the County and the City have legal authority to perform general government services within their respective jurisdiction; and WHEREAS, THE County and the City are authorized by Florida Statutes Chapter 163. 01 at seq., to enter into Interlocal Agreements and thereby cooperatively utilize their powers and resources in the most efficient manner possible; and WHEREAS, the William E. Sadowski Affordable

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