1999-106 - Laserfiche WebLink

Home Browse Search

Page 5 g. The basis for any determination that a national objective will be attained under the provisions of 24 C.F.R. Section 570.483(b)(4)(iv) or (v), if appropriate. The national objective is benefit to low and moderate income persons. This project will result in the creation of at least 26 jobs, of which 14 (51%0) will be made available to low to moderate income (LMI) persons. Please note that up to 35 new jobs are expected to be created and well over 51%of these jobs will be made available to LMI persons. Far grant scoring purposes, CRA Care Centers, Inc. is committing to creating only 26 new jobs. All LMI jobs to be created will be readily available to persons with a high school education. According to CRA Care Centers, Inc., the jobs cannot be created without the provision of the CDBG assisted loan. The Department may require a statement of commitment from any other entity whose participation is necessary for the successful completion of the project. Indian River County's grant consultant will cooperate with the Department to obtain any other statements of commitment from any other entity whose participation is necessary for the successful completion of the project.. 3. Document Project Costs a. If real property is being acquired, Include copies of property tar statements, disinterested third party appraisals, an appraisal from a certified appraiser, or some other determination of value that documents that the proposed purchase price is based on the fair market value of the property; This proposed CDBG-ED project does include property acquisition (see Appendix B of the Grant Application). however, CDBG fiords will not be used to finance the land acquisition. b. If building construction or rehabilitation is proposed, include cost estimates from a general contractor, engineer, or architect, or from a recently completed similar facility; See attached letter (Appendix B of the Grant Application) from the project architect and engineer. C. If acquisition of new or used machinery and equipment is proposed, include cost estimates from a possible vendor or invoices from prior recent acquisitions; See Appendix B of the Grant Application d. If acquisition of used machinery or equipment is proposed from other than a normal vendor, Include a disinterested third party appraisal demonstrating the current value; and The Participating Party does not anticipate the acquisition of used machinery or equipment from any source other than a normal vender.