588.2006
RESOLUTION APPROVING GRANT AWARDS AND A DEFERRED
LOAN FOR CASE #5465IN CONNECTION WITH TOWN OF
QUEENSBURY HOUSING REHABILITATION PROGRAM
RESOLUTION NO.: 588, 2006
INTRODUCED BY: Mr. Tim Brewer
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. John Strough
WHEREAS, the Town of Queensbury has established a Housing Rehabilitation Program
which provides grants to cover 100% of the cost of rehabilitation up to a maximum of $20,000,
whichever is less, and
WHEREAS, the Town has received grant funds from the New York State Affordable
Housing Corporation Affordable Home Ownership Development (AHOD) and the New York State
Governor’s Office for Small Cities Community Development Block Grant (CDBG) programs to
cover eligible project costs, and
WHEREAS, a single family property Case File #5465has been determined to be eligible for
rehabilitation grant assistance and the owner of the property has requested such assistance and loan,
and
WHEREAS, property rehabilitation specifications have been provided to three (3) qualified
contractors for bid, and
WHEREAS, the low bid cost to complete the work specified is Nineteen thousand six
hundred dollars and no cents ($19,600.00), and
WHEREAS, Shelter Planning & Development, Inc. has overseen the grant and loan process
and has verified that it has been followed in this case and recommends approving these grants, and
WHEREAS, a lien will be filed against the property for the benefit of the Town for a period of
five years from the completion of the rehabilitation,
NOW, THEREFORE, BE IT
RESOLVED, that the Town of Queensbury approves the following grants for Case File
#5465, Queensbury, New York:
Ten thousand dollars and no cents
a)A AHOD Grant in the amount not to exceed:
($10,000.00)
, and
Nine thousand six hundred dollars
b)A CDBG Grant in the amount not to exceed:
and no cents ($9,600.00).
and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs either the Town Supervisor or
Town of Queensbury Executive Director of Community Development to execute Grant Award and
Loan agreements and take such other and further action as may be necessary to effectuate the terms
of this Resolution.
th
Duly adopted this 4 day of December, 2006, by the following vote:
AYES: Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Sanford, Mr. Strough
NOES: None
ABSENT:None