414.2010 Loan Funds Case 6241
RESOLUTION APPROVING USE OF REVOLVING LOAN FUNDS TO BE
REIMBURSED FOR CASE #6241IN CONNECTION WITH TOWN OF
QUEENSBURY HOUSING REHABILITATION PROGRAM
RESOLUTION NO.: 414, 2010
INTRODUCED BY: Mr. John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Anthony Metivier
WHEREAS, by Resolution No.: 399,2010 the Queensbury Town Board determined a
single family property to be eligible for rehabilitation grant assistance and the owner of the
property has requested such assistance, and
WHEREAS, an on-site storage unit and/or dumpster for use by the property owner is
required before the rehabilitation specifications are to be sent out for bid to facilitate the bidding
process, and
WHEREAS, the company(ies) providing such items must have payment upon delivery
and cannot accept purchase orders or any promissory form of payment other than checks or cash,
and
WHEREAS, the property owner does not have the funds to pay for these items in
advance of the bid process and subsequent contracts, and
WHEREAS, the Town of Queensbury Revolving Loan Fund may be used for
Community Development related projects, and
WHEREAS, the Community Development Block Grant will be used to reimburse the
Revolving Loan Fund for the costs involved,
NOW, THEREFORE, BE IT
RESOLVED, that the Town of Queensbury hereby approves and authorizes use of the
Revolving Loan Fund for up to One Thousand Dollars and no cents ($1,000.00) for Case File
#6241, Queensbury, New York, and
BE IT FURTHER,
RESOLVED that the Town Board authorizes and directs either the Town Supervisor,
Senior Planner or Accountant to take such further action as may be necessary to effectuate the
terms of this Resolution.
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Duly adopted this 20 day of December, 2010, by the following vote:
AYES: Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Stec
NOES: None
ABSENT: Mr. Brewer