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312.2005 RESOLUTION AUTHORIZING ACCEPTANCE OF GRANT FUNDS FROM NEW YORK DIVISION OF HOUSING AND COMMUNITY RENEWAL AND ESTABLISHING APPROPRIATIONS AND ESTIMATED REVENUES FOR SUCH FUNDS RESOLUTION NO.: 312, 2005 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. John Strough WHEREAS, by Resolution No. 91,2005 the Queensbury Town Board authorized submission of an application to the New York State Affordable Housing Corporation (AHC), and WHEREAS, the grant application was submitted and the Town has been awarded a grant in the amount of $151,200 from the New York State Affordable Housing Corporation, such funds to be used for housing rehabilitation, and WHEREAS, the Town Board wishes to authorize acceptance of such grant funds and establish appropriations and estimated revenues for the grant award, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby accepts the $151,200 in grant funds to be received from the New York State Affordable Housing Corporation (AHC) and authorizes and directs the Town Supervisor and/or Executive Director of Community Development to execute a Grant Agreement with the New York State Affordable Housing Corporation (AHC), such Grant Agreement to be in form acceptable to the Town Supervisor, Executive Director of Community Development and Town Counsel, and any other associated documentation, and BE IT FURTHER, RESOLVED, that the Queensbury Town Board hereby establishes appropriations and estimated revenues in the amount of $151,200 for grant funds received by the Town through the New York State Affordable Housing Corporation (AHC), such appropriations and estimated revenues to be recorded in accounts to be determined by the Town Budget Officer, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Budget Officer to make any necessary adjustments, budget amendments, transfers or prepare any documentation necessary to establish such appropriations and estimated revenues and authorizes the Town Supervisor, Executive Director of Community Development and/or Budget Officer to take all other action necessary to effectuate the terms of this Resolution. th Duly adopted this 20 day of June, 2005, by the following vote: AYES : Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor NOES : None ABSENT : Mr. Turner