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Reso 2024-3630
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Reso 2024-3630
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Last modified
2/22/2024 4:44:54 PM
Creation date
2/22/2024 10:43:59 AM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2024-3630
Date (mm/dd/yyyy)
02/15/2024
Description
Expressing Support of FL Senate Bill 1178, relating to Governance of Condo & Cooperative Associations & the practive of Community Assoc Management.
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City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br />MEMORANDUM <br />TO: Honorable Mayor and City Commissioners <br />FROM: Jeniffer Viscarra, Commissioner <br />DATE: February 15, 2024 <br />RE: Expressing Support for Florida Senate Bill 1178, Enhancing the Oversight an( <br />Governance of Condominium Associations <br />RECOMMENDATION: <br />This Resolution is presented for you consideration. <br />REASONS: <br />State Senators Jennifer Bradley and Jason Pizzo have introduced Senate Bill 1178, a bipartisan effor <br />aimed at enhancing the oversight and enforcement capabilities of the Florida Department of Business <br />and Professional Regulation (DBPR) over condominium and homeowners associations. <br />The Bill mandates the DBPR to perform random audits of community associations to ensure <br />compliance with official records management and website/application processes, thereby increasing <br />transparency and accountability in community governance. It also requires all newly elected <br />community association board members to complete a standardized course in association law and <br />continuing education, ensuring that board members are well-informed and equipped to govern <br />effectively, and aims to establish stricter conflict of interest disclosures for property management <br />firms and their employees, along with harsher penalties for fraudulent voting activities, thereby <br />fostering integrity and fairness in association elections and contract dealings <br />Regarding records requests, the bill introduces reforms to allow condominium associations to meet <br />their obligations through website postings, change reserve requirements for buildings deemed <br />unsafe/uninhabitable, and permit the creation of investment committees to invest reserve funds, <br />enabling better financial management and safety compliance. <br />Item Number: 10.0 <br />307 <br />
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