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434.2005 RESOLUTION AUTHORIZING REVISION TO GRANT AWARD FOR CASE FILE #5069 IN CONNECTION WITH WARD 4 REHABILITATION PROGRAM RESOLUTION NO.: 434, 2005 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 up to 100% of the cost of rehabilitation, up to a maximum of $20,000 per unit whichever is less, and WHEREAS, a single family property, Case File # 5069, has been determined to be eligible for rehabilitation grant assistance and the owner of the property has requested such assistance, and WHEREAS, by Resolution No.: 242.2005, the Queensbury Town Board approved a rehabilitation grant in the amount of two thousand one hundred dollars ($2,100) for Case File #5069, and WHEREAS, property rehabilitation specifications have been revised to include additional work, and WHEREAS, the revised cost to complete the work specified is twenty eight thousand two hundred seventy-nine dollars and seventy two cents ($28,279.72) and is still the lowest acceptable cost, and WHEREAS, the owner is eligible to receive up to $5,000 in a deferred loan through the Town Housing Rehabilitation Program with a separate Loan Resolution presented at this meeting, and 1 WHEREAS, the homeowner is making a contribution of $2,529.72 and the Warren County Office for the Aging will be contributing $750 toward the cost of the project, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves additional grant funds for Case File #5069, Queensbury, New York, in the amount not to exceed seventeen thousand nine hundred dollars ($17,900) and approves a total grant in the amount not to exceed twenty thousand dollars ($20,000) and authorizes and directs the Town Supervisor and/or Senior Planner to execute a Grant Award Agreement and take such other and further action as may be necessary to effectuate the terms of this Resolution. th Duly adopted this 12 day of September, 2005, by the following vote: AYES : Mr. Turner, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Boor NOES : None ABSENT : None 2