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3.04 3.4 CDBG Grants/Approve Grant Award for Case#7059 RESOLUTION APPROVING GRANT AWARD FOR CASE #7059 IN CONNECTION WITH TOWN OF QUEENSBURY HOUSING REHABILITATION PROGRAM RESOLUTION NO.: , 2016 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, by Resolution No. 234,2014, 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 No. 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 #7059 has been determined to be eligible for rehabilitation grant assistance and the owner of the property has requested such assistance, and WHEREAS, the specifications were provided to all qualified contractors for bid, and WHEREAS, five contractors turned in bids at the specified date and time, and WHEREAS, all five contractors were notified of the low bid amount, and WHEREAS, the Town of Queensbury and 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 #7059, Queensbury, New York, and BE IT FURTHER, RESOLVED that the Town Board authorizes and directs the Town Supervisor to execute the Grant Award and deferred loan agreements and take such other and further action as may be necessary to effectuate the terms of this Resolution. Duly adopted this 4th day of April, 2016, by the following vote: AYES: NOES: ABSENT: