Red Hook WatchIndependent Community Resource

Village Property Acquisition

2016last touched · 4 source resolutions
Village/Rules/Policies/Adopted/parking_lot_property_acquisition
Resolutions governing the village's negotiation, purchase, and grant financing for municipal property acquisitions including the Key Bank parking lot.
In force, by year of last update
2016
Key Bank Parking Lot Purchase Price and Bridge Loan
The Key Bank parking lot was purchased with a previously approved bridge loan from Salisbury Bank at a sale price of $60,000 at 1.35% interest.[4]
DASNY Capital Grant Award
The Village of Red Hook has been awarded a capital grant of $125,000 from New York State sources under Capital Grants Project CCAP 6545, administered by the NYS Dormitory Authority (DASNY). The grant is a 100% reimbursement-type grant.[4]
Grant Disbursement Agreement Authorization
The Village Mayor is authorized to sign the Grant Disbursement Agreement (GDA) with DASNY and any subsequent, directly related paperwork required by DASNY in connection with Capital Grants Project CCAP 6545.[4]
Segregated Grant Fund Account Designation
The Village Treasurer has designated Trust and Agency Account T10,10 as the segregated account for the acceptance and disbursement of DASNY grant funds related to the Key Bank parking lot purchase.[4]
2009
Key Bank Parking Lot Acquisition Authorization
Mayor Cohen and Trustee Blundell are authorized to negotiate for funding to purchase the Key Bank parking lot.[3]
History · superseded or expired
2008
Laura Lane and Morgan Way Road Acceptance
Laura Lane and Morgan Way were accepted as Village streets from Red Hook Commons and added to the Village road inventory. Not part of the Village Property Acquisition family scope; included in resolution history only.[1]
Reilly Lane Road Name Approval
The entrance road at Knollwood Commons at Red Hook Condominium Project was named Reilly Lane, as accepted by 911. Not part of the Village Property Acquisition family scope; included in resolution history only.[2]
Source resolutions
  1. [1]2008-04-07Road Acceptance - Red Hook Commons - Laura's Lane & Morgan's Way
  2. [2]2008-06-02Knollwood Commons at Red Hook Condominium Project - Road Name
  3. [3]2009-06-01Key Bank Parking Lot Acquisition Negotiation
  4. [4]2016-03-14KEY BANK PARKING LOT PURCHASE – CAPITAL GRANTS PROJECT CCAP 6545–GRANT DISBURSEMENT AGREEMENT RESOLUTION

Synthesized from the chronological history of these resolutions. Each clause shows the year it was last established or amended. The text is a reading aid — for legal force, consult the source resolutions and the Village Code.