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223.2007 RESOLUTION APPROVING REVISION TO GRANT AWARD IN CONNECTION WITH CASE # 5172 FOR THE TOWN OF QUEENSBURY HOUSING REHABILITATION PROGRAM RESOLUTION NO.: 223, 2007 INTRODUCED BY: Mr. Roger Boor WHO MOVED ITS ADOPTION SECONDED BY: Mr. Daniel Stec WHEREAS, the Town of Queensbury has established a Housing Rehabilitation Program which provides grants up to 100% of the cost of rehabilitation, up to a maximum of $20,000 per unit whichever is less, and WHEREAS, a single family property Case File # 5172 has been determined to be eligible for rehabilitation grant assistance and the owner of the property has requested such assistance, and WHEREAS, the Town of Queensbury has previously approved a HOME rehabilitation grant in the amount of Twenty thousand dollars and no cents ($20,000.00), and a deferred loan through the Town Housing Rehabilitation Program in the amount of Two thousand three hundred forty-four dollars and no cents ($2,344.00), and WHEREAS, property rehabilitation specifications have been revised to include additional work, and WHEREAS, the revised cost to complete the work specified is: Twenty three thousand eight hundred ninety dollars and no cents ($23,890.00) and is still the lowest acceptable cost, and WHEREAS, the owner has been approved to receive a grant for Twenty thousand dollars and no cents ($20,000.00) through the HOME Program and is now eligible to receive Three thousand eight hundred ninety dollars ($3,890.00) in additional grant funds through the Governor’s Office for Small Cities, and , WHEREASthe owner no longer wishes to receive the previously approved deferred loan. NOW, THEREFORE, BE IT RESOLVED, that the Town of Queensbury approves a CDBG grant for Case File #5172, Queensbury, New York, in the amount not to exceed: Three thousand eight hundred ninety dollars and no cents ($3,890.00) and authorizes and directs either the Town Supervisor or Town of Queensbury Executive Director of Community Development to execute a Grant Award Agreement and take such other and further action as may be necessary to effectuate the terms of this Resolution. th Duly adopted this 7 day of May, 2007, by the following vote: AYES: Mr. Strough, Mr. Stec, Mr. Boor, Mr. Sanford NOES: None ABSENT: Mr. Brewer GOSC Project #962HR134-05