235.2015 Grant Agreement NYS Housing Trust Fund RESOLUTION AUTHORIZING TOWN SUPERVISOR TO SIGN GRANT
AGREEMENT BETWEEN TOWN OF QUEENSBURY AND NEW YORK
STATE HOUSING TRUST FUND CORPORATION, ESTABLISHING HOME
SPECIAL GRANT FUND AND SETTING APPROPRIATIONS AND
ESTIMATED REVENUES FOR GRANT AWARD
RESOLUTION NO.: 235,2015
INTRODUCED BY: Mr.Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mr.William VanNess
WHEREAS, by Resolution No.: 163, 2014 the Queensbury Town Board authorized
submission of an application for HOME funds through the New York State Office of Community
Renewal(NYS OCR), and
WHEREAS, by Resolution 163, 2014 the Town Board also authorized an amount not to
exceed $ 75,000 to be set aside from the Town of Queensbury Revolving Loan Fund (RLF) Account
No: 019- 0000- 0201 for the purpose of a HOME match should 2013 HOME funds be awarded, and
WHEREAS, such Revolving Loan Fund was previously and duly established by Resolution
582,2004, and
WHEREAS, the grant application was submitted and the NYS OCR awarded a $300,000
grant to the Town of Queensbury, and
WHEREAS, the Town has received a proposed Grant Agreement from New York State
concerning the awarded grant funds and such Agreement is in form acceptable to Town Counsel, and
WHEREAS, the Town Board wishes to authorize the Town Supervisor to execute the Grant
Agreement, establish a HOME Special Grant Fund and set appropriations and estimated revenues for
the grant award, and
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves of the Grant Agreement
between the Town of Queensbury and the New York State Housing Trust Fund Corporation,
represented by the New York State Office of Community Renewal and authorizes and directs the
Town Supervisor to sign the Grant Agreement in form substantially presented at this meeting, and
BE IT FURTHER,
RESOLVED, that the Town Board establishes HOME Grant Fund #017 and sets
appropriations and estimated revenues in the amount of $300,000 for the New York State HOME
Program Grant funds received by the Town through the New York State Office of Community
Renewal, 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 Town Budget Officer to
amend the Town Budget, make any adjustments, budget amendments, transfers or prepare any
documentation necessary to establish such appropriations and estimated revenues and effectuate all
terms of this Resolution.
Duly adopted this 6 h day of July, 2015, by the following vote:
AYES Mr. Metivier, Mr. Clements, Mr. Irish, Mr. VanNess
NOES None
AB SENT : Mr. Strough