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3.4 3.4 CDBG Grants\Approve Grant Award for Case#7120-9-26-16 RESOLUTION APPROVING GRANT AWARD FOR CASE #7120 IN CONNECTION WITH TOWN OF QUEENSBURY HOUSING REHABILITATION PROGRAM RESOLUTION NO.: , 2016 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, by Resolution 235, 2015, the Town of Queensbury established a Housing Rehabilitation Program funded by the New York State Homes and Community Renewal HOME program which provides grants to cover 100% of the cost of rehabilitation up to a maximum of $25,000, whichever is less, and WHEREAS, by Resolution 163, 2014, the Town of Queensbury allocated a HOME grant match up to $6,250 per project as required, as a deferred loan from the Town of Queensbury Revolving Loan Fund (RLF), and WHEREAS, a single family property Case File 47120 has been determined to be eligible for rehabilitation grant assistance and the owner of the property has requested such assistance, and WHEREAS, general construction specifications were provided to all qualified contractors for bid, and WHEREAS, four general contractors turned in bids at the specified date and time, and WHEREAS, all contractors submitting bids were notified of the low bid amount, and WHEREAS, Shelter Planning & Development, Inc. has reviewed the bids, and verified all work to be completed, and determined that the total cost is reasonable and necessary for the work required, and WHEREAS, Shelter Planning & Development, Inc. has overseen the grant process and has verified that it has been followed in this case and recommends approving the grant, and WHEREAS, in connection with this grant award, the owner or owners will be required to execute Notes and Mortgages affecting the property for five years, and the Notes and Mortgages will be recorded in the Warren County Clerk's Office for the benefit of the New York State HOME Program, and WHEREAS, a lien will be filed against the property as a requirement of the RLF until such time as the property is transferred, and NOW, THEREFORE, BE IT RESOLVED, that the Town of Queensbury approves a total grant and deferred loan award of up to thirty-one thousand two hundred fifty dollars ($31,250.00), for the rehabilitation for Case File 47120, Queensbury, New York, and BE IT FURTHER, RESOLVED that the Town Board authorizes and directs the Town Supervisor to execute the Grant Award agreement and take such other and further action as may be necessary to effectuate the terms of this Resolution. Duly adopted this 26th day of September, 2016, by the following vote: AYES: NOES: ABSENT: