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County ratifies mortgage satisfaction for Phoenix Crossing and directs ARPA/SHIP deadline changes
Summary
Flagler County commissioners ratified a recorded mortgage satisfaction and termination of restrictive covenants for the Phoenix Crossing project, and directed staff to prepare an amended ARPA agreement (new expiration 06/30/2027 with a potential clawback tied to building permits by 09/01/2026) and to extend $330,000 in SHIP funding for the project.
Flagler County commissioners on a unanimous roll-call vote ratified the recorded satisfaction of mortgage and termination of a declaration of restrictions for the Phoenix Crossing supportive housing project and provided staff direction on funding deadlines and protections.
Assistant County Attorney Sarah Spector told the board the county was being asked to ratify documents that had already been executed and recorded following the project’s bridge loan closing. She said the recorded instruments “do nothing…
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