A RESOLUTION OF THE CITY COMMISSION OF MARGATE, FLORIDA URGING THE BROWARD COUNTY COMMISSION TO EXPLORE AVAILABLE FUNDING SOURCES AND THE FEASIBILITY OF CREATING A COUNTY-WIDE SPECIAL ASSESSMENT OR OTHER APPROPRIATE PUBLIC FUNDING STRUCTURE TO FUND LOW INTEREST LOAN PROGRAM IN COLLABORATION WITH PARTICIPATING LENDING AND FINANCIAL INSTITUTIONS TO PROVIDE FINANCIAL ASSISTANCE TO CERTAIN EMERGENCY AND NEED-BASED CONDOMINIUM ASSOCIATIONS AND OWNERS REQUIRING EMERGENCY STRUCTURAL REPAIRS AS A RESULT OF A 25-YEAR RECERTIFICATION INSPECTION OR AN EQUIVALENT RECERTIFICATION PROCESS IN SUBSTANTIAL ACCORDANCE WITH FLORIDA SENATE BILL 154 (CHAPTER LAW 2023-203), AND SUBSEQUENT RECERTIFICATION PROCESSES; PROVIDING FOR THE ADOPTION OF RECITALS; PROVIDING FOR INSTRUCTIONS TO THE CITY CLERK; PROVIDING AN EFFECTIVE DATE.

Committee

Regular City Commission Meeting

Requested by

City Attorney's Office

Introduced

August 14, 2023

On agenda

August 23, 2023

Passed

August 23, 2023