330.2018 Conservation Easement Agreement- Open Space Institute Land Trust RESOLUTION AUTHORIZING CONSERVATION EASEMENT AND
ASSIGNMENT AND ASSUMPTION AGREEMENT BETWEEN
OPEN SPACE INSTITUTE LAND TRUST, INC.
AND TOWN OF QUEENSBURY
RESOLUTION NO.: 330,2018
INTRODUCED BY: Mr. George Ferone
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mrs. Jennifer Switzer
WHEREAS, there are two (2) properties in the Town of Queensbury on the Hudson River
with Conservation Easements and Town trails as follows:
1) The Hudson Pointe Park, consisting of approximately 82.99 acres comprising the
Hudson Pointe Nature Preserve, which is owned by the Town subject to a
Conservation Easement in favor of the Open Space Institute Land Trust, Inc., (OSI)
which OSI is proposing to transfer to the Queensbury Land Conservancy, Inc. (QLC);
and
2) The Faith Bible Church Property consisting of approximately 69.22 acres located on
Ogden Road and Division Road(also referred to as Riverside Park),which is owned by
the QLC subject to a Conservation Easement in favor of OSI which OSI is proposing
to transfer to the Town; and
WHEREAS, OSI has prepared a Conservation Easement Assignment and Assumption
Agreement regarding the proposed assignment of the Faith Bible Church Property, and
WHEREAS, the Conservation Easement Assignment and Assumption Agreement is in form
acceptable to Town Counsel,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves the Conservation Easement
Assignment and Assumption Agreement between the Open Space Institute Land Trust, Inc., and Town
of Queensbury regarding the proposed assignment of the Faith Bible Church Property substantially in
the form presented at this meeting, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute the Conservation Easement Assignment and Assumption Agreement and any and all
documents necessary to complete this transaction and take such other and further action as may be
necessary to effectuate the terms of this Resolution.
Duly adopted this 10ffi day of September, 2018,by the following vote:
AYES: Mr. Strough, Mr. Metivier, Mrs. Atherden, Mr. Ferone, Mrs. Switzer
NOES: None
ABSENT: None