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Hernando County, FL Banner Image
File #: 16051   
Type: Agenda Item Status: Adopted
File created: 6/13/2025 In control: Board of County Commissioners
On agenda: 7/22/2025 Final action: 7/22/2025
Enactment date: Enactment #:
Title: Satisfactions of Second Mortgages for Benjamin F. Rice, Jr., and Timothy J. Rogers Through State Housing Initiative Partnership for Down Payment Assistance Program
Attachments: 1. Second Mortgage - Rice, 2. Recording Fee - Rice, 3. Satisfaction of Mortgage - Rice, 4. Second Mortgage - Rogers, 5. Recording Fee - Rogers, 6. Satisfaction of Mortgage - Rogers, 7. Expenditure Status Report 1271 35051, 8. Revenue Status Report 1271 35051, 9. Approved Satisfaction of Mortgage for Benjamin F. Rice, Jr., 10. Approved Satisfaction of Mortgage for Timothy J. Rogers

TITLE

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Satisfactions of Second Mortgages for Benjamin F. Rice, Jr., and Timothy J. Rogers Through State Housing Initiative Partnership for Down Payment Assistance Program

 

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BRIEF OVERVIEW

Attached are the following satisfactions of mortgage for Hernando County’s State Housing Initiatives Partnership Program - Down Payment Assistance.

 

                     Benjamin F. Rice, Jr. in the amount of $10,000.00

                     Timothy J. Rogers in the amount of $15,000.00

 

FINANCIAL IMPACT

Revenues:

Revenue in the amount of $25,000.00 to:

 

Fund: 1271 - State Housing Initiatives Partnership Program, Department:  35051 - SHIP Grant, Account:  3699030 - Miscellaneous Revenue Down Payment Reimbursement

 

Expenses:

Expenses in the amount of $20.00 to satisfy the cost of recording to:

 

Fund:  1271 - State Housing Initiatives Partnership Program, Department:  35051 - SHIP Grant - Housing Authority, Account:  5304934 - Fees/Costs-Admin

 

LEGAL NOTE

The Board has the authority to act on this matter pursuant to Chapter 125, Florida Statutes.

 

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RECOMMENDATION

It is recommended that the Board approve and authorize the Chairman’s signature on the attached satisfactions of mortgages.