NEW YORK STATE URBAN DEVELOPMENT CORPORATION d/b/a ...

The Project:
Town of Islip - Drainage Improvements Capital (P720)
April 17, 2012
On February 21, 2008, the Directors approved a $250,000 Community Capital Assistance
Program grant (V555) for repairs and renovations of the Homan’s Creek dock. The
project was completed and funds disbursed.
Completion - December 31, 2012
Activity – The grant was intended to improve and upgrade drainage facilities on
Prospect Avenue and Boulevard Avenue to address the flooding of local streets. The
$440,000 grant included an engineering study, and improvement and upgrading of
drainage facilities, including new leaching basins and bubbler systems. In addition,
road improvements will be required.
The Town is now requesting a modification to change the location of the project to
Middlesex Avenue from Grassmere Avenue east, to the east side of Hollywood
Drive. The Town determined that it was necessary to address the flooding issue in
the Middlesex Avenue and Oakland Avenue area first.
Budget – The project budget reflects cost increases since its approval in June 2002. The
revised budget is shown below.
Results – The project as completed will correct the flooding problem in the area,
increasing the number of parking spaces available for residents and will enhance the
area’s quality of life.
Financing Uses Amount Financing Sources Amount Percent
Cost related to the improvement
and upgrade of existing drainage
and road improvements including
pavement.
Grantee Contact - Tom Croci, Town Supervisor
Town Hall
655 Main Street
Islip, NY 11751
Phone: (631) 224-5500
$768,550 ESD Grant $440,000 55%
Contingency 27,000 Town Capital Fund $355,550 45%
Total Project Costs $795,550 Total Project Financing $795,550 100%
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