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Home My WebLink About21-024 RESOLUTION NO. 21-024 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF ST. LUCIE COUNTY, FLORIDA, APPROVING THE ISSUANCE BY THE HOUSING FINANCE AUTHORITY OF ST. LUCIE COUNTY OF ITS MULTIFAMILY HOUSING REVENUE BONDS, SERIES 2021 IN THE AGGREGATE AMOUNT NOT TO EXCEED $17,000,000 TO PROVIDE FUNDS TO FINANCE THE MULTIFAMILY RESIDENTIAL RENTAL HOUSING PROJECT FOR THE BENEFIT OF SP PLACE LLC, A FLORIDA LIMITED LIABILITY COMPANY, OR ITS AFFILIATE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS,the Housing Finance Authority of St.Lucie County, Florida(the"Authority") has authorized the initiation of official action to issue its Multifamily Housing Revenue Bonds (Misty Creek Preserve), Series 2021 (the "Bonds") on behalf of SP Place, LLC, a Florida limited liability company, to provide financing or refinancing for the acquisition, construction, rehabilitation, and/or equipping of a residential rental facility to be known as Misty Creek Preserve,to consist of approximately 144 units to be located at 3614 Okeechobee Road,Fort Pierce, Florida; and WHEREAS,the Authority conducted a public hearing on February 5,2021,notice of which hearing was published on January 27,2021,in the News Tribune(a copy of which notice is attached hereto as Exhibit"A"and incorporated herein), for the purpose of considering the issuance of the Bonds by the authority in the aggregate principal amount not to exceed $17,000,000, in conformance with the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended. Said public hearing disclosed no reason why the Bonds should not be issued. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF ST. LUCIE COUNTY, FLORIDA: 1 Section 1. This Resolution is adopted pursuant to the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended, and other applicable provisions of law. Section 2. The Board of County Commissioners (the "Board") of St. Lucie County, Florida, hereby approves the issuance by the Authority of its not to exceed $17,000,000 Multifamily Housing Revenue Bonds (Misty Creek Preserve), Series 2021, to be issued in one or more series at one or more times pursuant to a plan of finance approved by the Authority. Section 3. Nothing contained in this consent and approval shall be deemed to create any obligation or obligations of St. Lucie County or the Board of County Commissioners. Section 3. This resolution shall take effect immediately upon its adoption. 2 Passed and Adopted this 23rd day of February, 2021, at a regular meeting called and held. ST. LUCIE COUNTY,FLORIDA (SEAL) By: Chairm , Boar of County Commissioners ATTEST: BY:`k - \ l Clerk of the Circuit Court and Ex-officio Clerk ' a, - O4efr. d,v APPROVED AS TO FORM et. ph, AND CORRECTNESS: Sc FLO". County Attorne 3 EXHIBIT A AFFIDAVIT OF PUBLICATION OF NOTICE OF PUBLIC HEARING Treasure Coast Newspapers PART OF THE USA TODAY NETWORK St Lucie News Tribune 1801 U.S. 1, Vero Beach, FL 32960 AFFIDAVIT OF PUBLICATION ST LUCIE COUNTY ATTO RNEYS OFFICE 2300 VIRGINIA AVE it' t IJ 1 i FORT PIERCE, FL 34982-5632 r ia � ti .Al t JrNi . STATE OF WISCONSIN COUNTY OF BROWN Before the undersigned authority personally appeared, said legal clerk, who on oath says that he/she is a legal clerk of the St Lucie News Tribune, a daily newspaper published at Fort Pierce in St. Lucie County, Florida: that the attached copy of advertisement was published in the St Lucie News Tribune in the following issues below. Affiant further says that the said St Lucie News Tribune is a newspaper published in Fort Pierce in said St. Lucie County, Florida, and that said newspaper has heretofore been continuously published in said St. Lucie County, Florida, daily and distributed in St. Lucie County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that she has neither paid or promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in the said newspaper. The St Lucie News Tribune has been entered as Periodical Matter at the Post Offices in Fort Pierce, St. Lucie County, Florida and has been for a period of one year next preceding the first publication of the attached copy of advertisement. 01/27/2021 Subscribed and sworn to before on January 27,2021: -- - 1)cz. �a. YVA uv1 CO/ IR-.-A-5 Notary, State of WI, County of Brown TARA MONDLOCI I Notary Pt 511(: Otsete CA Wisconsin My commission expires August 6,2021 lor,64,, 1 Publication Cost: $181.26 e Ad No:0004570255 sr! • Customer No: 1313427 k PO# #of Affidavits 1 NOTICE OF PUBLIC HEARING Notice is hereby given that the Housing Finance Authori- ty of St. Lucie County, Florida (the 'Authority') will hold and conduct a public hearing to be held on Friday, February 5,2021, beginning at 3:00 pm. or as soon thereafter as such matters may be heard, at the County Attorney's Office Law Library, 2300 Virginia Avenue, 3rd floor, Fort Pierce, Florida 34982, for the purpose of re- ceiving comments and hear- ing discussion concerning a plan of financing (within the meaning of Section 147(f) of the Internal Revenue Code of 1986,as amended), on the fol- lowing: The proposed issu- ance by the Authority of its Multifamily Housing Revenue Bonds, in an aggregate princi- pal amount of not to exceed y17,000,000 In one or more series at one or more times pursuant to a plan of finance, to provide financing for the acquisition, construction, re- habilitation and/or equipping of residential rental facilities to be known as Misty Creek Preserve consisting of approxi- mately 144 units located on approximately 10.3 acres lo- cated at 3614 Okeechobee Road, Fort Pierce, Florida 34981 to be occupied by per- sons of low to moderate in• come and owned and operat- ed by SP Place LLC, a Florida limited liability company, and/or its affiliates. All interested par• ties are invited to present their comments at the time and place set forth above. The public will be able to physically attend this meeting but seating in the Law Library will be regulated to comply with social distancing proto- cols. Members of the public who do attend are required to wear masks or similar devi- ces, which cover the nose and mouth pursuant to Emergency Order 20.044. Persons not wishing to attend in person may attend by phone, by call• ing(772)462-1860. Persons are advised that, if they decide to appeal any de- cision made at this hearing. they will need a record of the proceedings, and, for such purpose, they may need to ensure that a verbatim record of the proceedings is made, which record includes the tes- timony and evidence upon which the appeal is to be based. In accordance with the Ameri- cans with Disabilities Act, any- one with a disability requiring accommodation to attend this meeting should contact the St. Lucre County Safety and Risk Manager, Kara DePasquale, ADA Coordina- tor, at (772) 462-6419, or T.D.D. (772)462-1428, at least forty-eight (48) hours prior to the meeting. THIS NOTICE EXECUTED and dated this 27th day of January 2021. HOUSING FINANCE AUTHORI- TY OF ST. LUCIE COUNTY, FLORI- DA ROBERT DAVIS, HFA CHAIR- MAN Submitted hv. Hubert Davis HFA Chairman Put-Ash'Jan.27,2021 TCtd4570Z55