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HomeMy WebLinkAboutI - 05a NYS CDBG Project #287ED967-21 CorrespondenceKATHY HOCHUL Governor RUTHANNE VISNAUSKAS Commissioner/CEO SENT VIA ELECTRONIC MAIL, NO HARD COPY TO FOLLOW February 23, 2023 Thomas Williams Town of Cortlandville 3577 Terrace Road Cortland, NY 13045 Dear Supervisor Williams: Re: Grant Agreement 30 Day Completion and Termination Notice NYS CDBG Project #287ED967-21 The Office of Community Renewal (OCR) would like to take this opportunity to remind the Town of Cortlandville that the completion date for the above referenced NYS CDBG project, assist Seven Valley Specialty Cables, LLC, is set to occur in thirty (30) days on March 10, 2023. To date, the project remains open with a balance of $177,600.00 in unexpended grant funds. In follow up to prior reminders, the OCR is advising that pursuant to Section 2(b) of the Grant Agreement, the OCR is hereby providing written notification of the completion of this award, effective March 10, 2023. As per the NYS CDBG Program Guidelines, the OCR provides grantees an additional 30-day window following the completion date of a grant agreement to submit any final drawdown requests for costs incurred prior to the grant agreement completion date. Therefore, pursuant to Section 12(d) of your grant agreement, after April 10, 2023 any unspent grant funds will be immediately turned over to the Housing Trust Fund Corporation and reallocated according to New York State’s approved Action Plan. As always, the OCR is prepared to assist the Town of Cortlandville in any way we can to ensure the successful completion of the project. Please contact Lindsay Kirk, Community Developer, with any questions at (518) 474-2057 or lindsay.kirk@hcr.ny.gov. Sincerely, Charles Philion Program Director Office of Community Renewal cc: Lindsay Kirk, Community Developer Kristin Rocco Petrella, Clerk/Treasurer/Registrar