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357.2008 RESOLUTION APPROVING REVISION TO GRANT AWARDS FOR CASE #5425IN CONNECTION WITH TOWN OF QUEENSBURY HOUSING REHABILITATION PROGRAM RESOLUTION NO.: 357, 2008 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 Office of Community Renewal Community Development Block Grant (CDBG) programs to cover eligible project costs, and WHEREAS, a single family property Case File #5425has been determined to be eligible for rehabilitation grant assistance and the owner of the property has requested such assistance, and WHEREAS, property rehabilitation specifications have been provided to three (3) qualified contractors for bid, and WHEREAS, the low bid was incorrectly prepared for Eleven thousand three hundred thirty five dollars and no cents ($11,335.00), and WHEREAS, the low bid cost to complete the work specified is Fifteen thousand seven hundred seventy five dollars and no cents ($15,775.00), 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 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 #5425, Queensbury, New York: a) An AHOD Grant in the amount not to exceed: Nine thousand four hundred sixty five dollars and no cents ($9,465.00), and b) A CDBG Grant in the amount not to exceed: Six thousand three hundred ten dollars and no cents ($6,310.00). and BE IT FURTHER, RESOLVED, that the Town Board authorizes and directs either the Town Supervisor or Town of Queensbury Senior Planner 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. st Duly adopted this 21 day of July, 2008, by the following vote: AYES: Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer NOES: None ABSENT: None