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HomeMy WebLinkAboutcocc_resolution_no_2024-14_20241015RESOLUTION NO. 2024-14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAPE CANAVERAL, BREVARD COUNTY, FLORIDA; RELATED TO THE "LIVE LOCAL ACT PROPERTY TAX EXEMPTION"; PROVIDING THAT PURSUANT TO THE AUTHORITY GRANTED TO THE CITY OF CAPE CANAVERAL IN ACCORDANCE WITH SECTION 196.1978(3)(o), FLORIDA STATUTES, THE CITY OF CAPE CANAVERAL HAS ELECTED TO NOT EXEMPT CERTAIN REAL PROPERTY UNDER SECTION 196.1978(3)(d)1.a., FLORIDA STATUTES, FROM AD VALOREM TAXES; PROVIDING FOR REPEAL OF PRIOR INCONSISTENT RESOLUTIONS, SEVERABILITY AND AN EFFECTIVE DATE. WHEREAS, Section 196.1978(3), Florida Statutes, hereinafter referred to as the "Live Local Act Property Tax Exemption", requires a county's property appraiser to exempt certain rental properties from ad valorem taxes if such properties meet the criteria of the Live Local Act Property Tax Exemption; and WHEREAS, Section 196.1978(3)(d)1.a., Florida Statutes, provides an ad valorem tax exemption for qualified properties used to provide affordable housing to house natural persons or families whose annual household income is between 80 and 120 percent of the median annual adjusted gross income for households within the metropolitan statistical area ("M.S.A.") or, if not within an M.S.A., within the county in which the person or family resides (the "80 to 120 Tax Exemption"); and WHEREAS, beginning with the 2025 tax roll, a taxing authority is authorized to opt -out of providing the 80 to 120 Tax Exemption if certain conditions are met; and WHEREAS, Section 196.1978(3)(o), Florida Statutes, as amended during the 2024 Legislative Session, allows the taxing authority to opt -out of providing the 80 to 120 Tax Exemption if it finds that the latest Shimberg Center for Housing Studies Annual Report, prepared pursuant to Section 420.6075, Florida Statutes, (the "Shimberg Annual Report") identifies that the number of affordable and available units in the county is greater than the number of renter households in the county for natural persons or families who meet the income criteria for the 80 to 120 Tax Exemption; and WHEREAS, the City Council hereby finds that the latest Shimberg Annual Report, which is incorporated herein by this reference, identifies a surplus of affordable and available units in the Palm Bay — Melbourne — Titusville M.S.A., in which the City of Cape Canaveral is located, for those households that meet the income criteria for the 80 to 120 Tax Exemption; and WHEREAS, the City Council further finds that, based on the Shimberg Annual Report, Brevard County is within an M.S.A. where the number of affordable and available units in the M.S.A. is greater than the number of renter households in the M.S.A. for the category entitled "0- 120 percent A.M.I.", or area median income; and City of Cape Canaveral Resolution No. 2024-14 Page 1 of 3 WHEREAS, in accordance with Section 196.1978(3)(o), Florida Statutes, the City Council also hereby finds that the City is a taxing authority that is eligible to adopt a resolution to not exempt properties that would otherwise qualify for the 80 to 120 Tax Exemption; and WHEREAS, this Resolution was duly advertised in accordance with Section 50.011(1), Florida Statutes; and WHEREAS, the City Council hereby finds that this Resolution is in the best interests of the public health, safety and welfare of the citizens. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Cape Canaveral, Florida: Section 1. Recitals. The foregoing recitals are deemed true and correct and are hereby incorporated herein by this reference as a material part of this Resolution. Section 2. Adoption of Exemption. Pursuant to Section 196.1978(3)(o), Florida Statutes, the City of Cape Canaveral, Brevard County, Florida, hereby elects not to exempt properties eligible for the 80 to 120 Tax Exemption otherwise allowed for under Section 196.1978(3)(d)I.a., Florida Statutes, and directs the Brevard County Property Appraiser not grant any such exemptions for real property located within the City of Cape Canaveral. Section 3. Repeal of Prior Inconsistent Resolutions. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of the conflict. Section 4. Severability. If any section, subsection, sentence, clause, phrase, word or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. Section 5. Effective Date. This Resolution shall become effective on January 1, 2025 and shall expire on January 1, 2027. This Resolution may be renewed prior to its expiration date in accordance with Florida law. Section 6. Previous Exemptions. This Resolution does not impact a property owner of a multifamily project who was granted an exemption pursuant to Section 196.1978(3)(d)I.a., Florida Statutes, prior to the adoption of this Resolution, if any. Such property owner, if any, may continue to receive the exemption for each consecutive year that the property owner applies for and is granted the exemption. Section 7. Copy to Property Appraiser. The City Clerk is hereby instructed to deliver a certified copy of this Resolution to the Brevard County Property Appraiser prior to January 1, 2025. ADOPTED at a Regular Meeting of the City Council of the City of Cape Canaveral, Florida, assembled this 15th day of October, 2024. City of Cape Canaveral Resolution No. 2024-14 Page 2 of 3 ATTEST: Mia Goforth, CMC, City Clerk Wes Morrison, Mayor Name FOR AGAINST Kim Davis Absent Kay Jackson Second Mickie Kellum Motion Wes Morrison x Don Willis x Approved as to legal form and sufficiency For the City Cape Canaveral only by: Ant . ny A. Garganese, City Attorney City of Cape Canaveral Resolution No. 2024-14 Page 3 of 3 SEAL OF CAPE CANAVEAL, FLORIDA