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2025-018
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Last modified
5/22/2025 9:05:42 AM
Creation date
5/22/2025 9:05:11 AM
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Resolutions
Resolution Number
2025-018
Approved Date
05/06/2025
Agenda Item Number
14.A.1.
Resolution Type
Approving Authority for Financing or Re-Financing
Entity Name
St. Lucie County Housing Finance Authority
Subject
Indian River County approved the area of operation with respect to the financing or
refinancing by the authority of acquisition for Orchard Grove
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RESOLUTION 2025- 018 <br />of which the Company is the general partner, of an existing multifamily rental housing facility <br />presently containing 234 units known as Orchard Grove Apartments, located at 1810 Woodland <br />Circle, Vero Beach, Florida 32967, to provide residential rental housing facilities for persons of <br />very low, low, middle, and moderate income. <br />Section 2. Term. The "area of operation" authority granted to the Authority shall continue <br />until such time as it may be terminated by Resolution of the Board upon not less than ten (10) days <br />written notice to the Authority. <br />Section 3. Repealing Clause. All resolutions or parts thereof of the Board in conflict with <br />the provisions herein contained are, to the extent of such conflict, hereby superseded and repealed. <br />The resolution was moved for adoption by Commissioner Adams , and the motion <br />was seconded by Commissioner F1 etcher , and, upon being put to a vote, the vote was <br />as follows: <br />Chairman Joseph E. Flescher <br />AYE <br />Vice Chairman Deryl Loar <br />AYE <br />Commissioner Joseph H. Earman <br />AYE <br />Commissioner Susan Adams <br />AY <br />Commissioner Laura Moss <br />AYE <br />The Chairman thereupon declared the resolution duly passed and adopted this 6th day <br />of May 2025. <br />BOARD OF COUNTY COMMISSIONERS <br />INDIAN RIVER COUNTY, FLORIDA " <br />Joseph E. Flescher, <br />Attest: Ryan L. Butler, Clerk of Circuit <br />ourt and Com troller <br />By: Gtr <br />Deputy Clerk <br />Approved as to form <br />and legal sufficiency: <br />By <br />hr' pher A. Hicks <br />Assistant County Attorney <br />
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