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414.2014 Amending Resolution 370, 2014 RESOLUTION AMENDING RESOLUTION NO.: 370,2014 RESOLUTION NO.: 414,2014 INTRODUCED BY: Mr.William VanNess WHO MOVED ITS ADOPTION SECONDED BY: Mr. Brian Clements WHEREAS, on October 20t`, 2014 the Queensbury Town Board approved Resolution No.: 370,2014 approving settlement of certain real property assessment cases commenced by the owners of 68 properties, including John Brothers, Mary Beth Young and Richard Young, and WHEREAS, due to a miscommunication, the settlement terms in Resolution No.: 370,2014 stated that certain Full Market Values would apply through the 2016 Assessment Rolls to two parcels (Tax Map No.: 227.13-2-14 — Mary Beth Young) and (Tax Map No.: 239.12-2-14 — Richard Young), and WHEREAS, the settlement terms should have stated that the Full Market Values on those two parcels would be applicable through the 2017 Assessment Rolls, and WHEREAS, the needed revisions have been reviewed by the Town Assessor, who recommends them, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves the revision of enumerated paragraphs#3 and#4 of Resolution No.: 370,2014 so they state as follows: 3) For the 2014, 2015, 2016 and 2017 Assessment Rolls, the assessment on the parcel owned by Mary Beth Young, Tax Map #227.13-2-14, shall be based upon a Full Market Value of$600,000 (Six Hundred Thousand Dollars). 4) For the 2014, 2015, 2016 and 2017 Assessment Rolls, the assessment on the parcel owned by Richard Young, Tax Map #239.12-2-14, shall be based upon a Full Market Value of$925,000 (Nine Hundred Twenty-Five Thousand Dollars). and BE IT FURTHER, RESOLVED, that Resolution No.: 370,2014 is otherwise unchanged and is hereby confirmed in all other respects, and BE IT FURTHER, RESOLVED, that the Town Board authorizes and directs the Town Supervisor, Town Assessor, Town Budget Officer and/or Town Counsel to execute settlement documents on behalf of the Town and take any additional steps necessary to effectuate the proposed settlement in accordance with Resolution No. 370,2014 as modified by this Resolution. Duly adopted this 1St day of December, 2014, by the following vote: AYES Mr. Metivier, Mr. Clements, Mr. Irish, Mr. VanNess, Mr. Strough NOES None ABSENT: None