File #: 23-0761    Version: 1 Name:
Type: RESOLUTION Status: Agenda Ready
File created: 7/21/2023 In control: Development Services
On agenda: 8/22/2023 Final action: 8/22/2023
Title: Resolution urging the Florida Legislature to identify available funding sources that could be used to create a grant program or low interest loan program or both, for condominium associations and economically vulnerable specially assessed condominium unit owners who reside full-time in their condominium units, urging the Florida Legislature to collaborate with lending and financial institutions to create programs that would provide funding relief to condominium associations and economically vulnerable condominium unit owners who are specially assessed, for the costs of deferred maintenance and repairs arising out of milestone inspections and structural integrity reserve studies, and urging the Florida Legislature to further amend the law so that associations other than those operating a multicondominium may determine to provide no reserves or less reserves than required if an alternative funding method is identified by the Florida Legislature or approved by the Florida Division of Flor...
Sponsors: City Commission Regular Meeting
Attachments: 1. Commission Agenda Memo #23-0761, 2. Exhibit 1 – Chapter 2023-203, Laws of Florida, 3. Exhibit 2 – Broward County Board of Rules and Appeals Policy #05-05, 4. Exhibit 3 – City of Lauderhill Resolution No. 23R-07-185, 5. Exhibit 4 - Resolution

Title

Resolution urging the Florida Legislature to identify available funding sources that could be used to create a grant program or low interest loan program or both, for condominium associations and economically vulnerable specially assessed condominium unit owners who reside full-time in their condominium units, urging the Florida Legislature to collaborate with lending and financial institutions to create programs that would provide funding relief to condominium associations and economically vulnerable condominium unit owners who are specially assessed, for the costs of deferred maintenance and repairs arising out of milestone inspections and structural integrity reserve studies, and urging the Florida Legislature to further amend the law so that associations other than those operating a multicondominium may determine to provide no reserves or less reserves than required if an alternative funding method is identified by the Florida Legislature or approved by the Florida Division of Florida Condominiums, Timeshares, and Mobile Homes of the Department of Business and Professional Regulation  - (Commission Districts 1, 2, 3 and 4)