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3.02 3.2 Assessments/Settle Angiodynamics—4-3-17 RESOLUTION AUTHORIZING SETTLEMENT OF PENDING ARTICLE 7 REAL PROPERTY ASSESSMENT CASE COMMENCED BY ANGIODYNAMICS, INC. RESOLUTION NO.: , 2017 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, AngioDynamics, Inc., previously commenced an Article 7 Real Property Assessment Review case against the Town of Queensbury for tax year 2016 concerning the assessment on its property located at 603 Queensbury Avenue in the Town of Queensbury (Tax Map No.: 297.8-1-10) and WHEREAS, the Town Assessor has recommended a settlement proposal to the Town Board and the Town Board has reviewed the case with Town Counsel, and WHEREAS, the Queensbury Union Free School District will be recommending approval of the proposed settlement, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves the settlement of the pending Article 7 case against the Town of Queensbury brought by AngioDynamics, Inc., for the 2016 tax year concerning the assessment on property located at 603 Queensbury Avenue in the Town of Queensbury (Tax Map No.: 297.8-1-10) whereby AngioDynamics, Inc., will withdraw its case against the Town of Queensbury for tax year 2016 and its respective demands for refunds, and BE IT FURTHER, RESOLVED, that assessments for the next four (4) tax years shall be set as follows: Tax Year Assessment 2017 $5,000,000 2018 $5,000,000 2019 $5,000,000 2020 $5,000,000 and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Town Assessor, Town Budget Officer and/or Town Counsel to execute settlement documents and take any additional steps necessary to effectuate the proposed settlement in accordance with the terms of this Resolution. Duly adopted this 3rd day of April, 2017, by the following vote: AYES NOES ABSENT: