064.2007
RESOLUTION AMENDING GRANT AWARDS AND DEFERRED LOAN
FOR CASE #5421IN CONNECTION WITH TOWN OF QUEENSBURY
HOUSING REHABILITATION PROGRAM
RESOLUTION NO.:64,2007
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, the Town of Queensbury has also established a Housing Rehabilitation Loan
Program which provides a deferred loan to very low income eligible property owners for the
owners cost of rehabilitation, and
#
WHEREAS, a single family property Case File 5421has been determined to be eligible
for rehabilitation grant assistance and a loan through the Housing Rehabilitation Loan Program
and the owner of the property has requested such assistance and loan, and
WHEREAS, by prior Resolution No.: 566,2006 the Town Board approved two grants
and a deferred loan for Case #5421 in a total amount not to exceed twenty-five thousand dollars
and no cents ($25,000), and
1
,
WHEREASproperty rehabilitation specification have been revised to include additional
work, and
,
WHEREAS the revised cost to complete the work specified is Twenty thousand five
hundred thirty-five dollars and no cents ($25,535.00), and is still the lowest acceptable cost, 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 this
revised grant, 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 revised CDBG Grant for Case
#
File 5421, Queensbury, New York in the amount not to exceed ten thousand five hundred thirty
five dollars and no cents ($10,535.00), and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the Town Supervisor and/or
Executive Director of Community Development to execute a revised Grant Award Agreement
and the Town Supervisor, Executive Director of Community Development and/or Senior Planner
take such other and further action as may be necessary to effectuate the terms of this Resolution.
nd
Duly adopted this 22 day of January, 2007, by the following vote:
AYES: Mr. Stec, Mr. Boor, Mr. Sanford, Mr. Strough, Mr. Brewer
NOES: None
ABSENT: None
2