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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, URGING THE FLORIDA LEGISLATURE AND GOVERNOR TO FUND, DEVELOP AND PROVIDE A NO OR LOW INTEREST LONG-TERM LOAN PROGRAM FOR QUALIFYING FLORIDA CONDOMINIUM OR COOPERATIVE OWNERS BURDENED WITH HIGH SPECIAL ASSESSMENTS FOR STRUCTURAL REPAIRS MANDATED BY THE 2022 LEGISLATURE THROUGH THE PASSAGE OF SENATE BILL 4-D; AND IN ADDITION TO OR IN LIEU THEREOF, TO AMEND THE REQUIREMENTS TO PROVIDE ADDITIONAL TIME FOR COMPLIANCE WITH FUNDING REQUIREMENTS; PROVIDING FOR AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
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(Staff Contact: Mark E. Berman)
summary
Summary Explanation/Background:
Requesting financial assistance from the State of Florida for condominium and cooperative unit owners to meet state requirements or an extension of time to do so or both.
Origin of request for this action: Commissioner Moss and City Commission
Fiscal impact and source of funding: N/A
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