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219.2007 RESOLUTION AUTHORIZING SETTLEMENT OF PENDING ARTICLE 7 REAL PROPERTY ASSESSMENT CASE COMMENCED BY GEORGE SICARD RESOLUTION NO.: 219, 2007 INTRODUCED BY: Mr. Roger Boor WHO MOVED ITS ADOPTION SECONDED BY: Mr. Tim Brewer WHEREAS, George Sicard previously commenced Article 7 Real Property Assessment Review cases against the Town of Queensbury concerning the assessed value of property located on Pilot Knob Road (Tax Map No. 227.18-1-2) for the 2005 assessment year, 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, counsel for the Lake George Central School District has not been served with the Petition but approves of the settlement pending approval by the District, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves the settlement of the pending Article 7 cases against the Town of Queensbury by George Sicard, concerning his property located on Pilot Knob Road (Tax Map No. 227.18-1-2) for the 2005, 2006 and 2007 assessment years in accordance with the following revised assessment value: Tax Year Current Assessment Revised Assessment 2005 $ 177,000.00 $ 84,500.00 That for 2006, the assessment would return to $177,000.00 as no petition was ever filed. That for 2007 and beyond, the assessment would revert to $ 84,500.00 and would remain static until there is an improvement that would warrant an increase or a Town-wide re- evaluation pursuant to the requirements of the statute. and BE IT FURTHER, RESOLVED, that the Town Board authorizes and directs payment of any and all refunds without interest to Petitioner’s counsel, Muller, Muller & Mannix within sixty (60) days from the date that a Demand for Refunds is served upon the Town of Queensbury and the Warren County Treasurer, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Town Assessor, Town Fiscal Manager 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. th Duly adopted this 7 day of May, 2007, by the following vote: AYES: Mr. Brewer, Mr. Stec, Mr. Boor, Mr. Sanford, Mr. Strough NOES: None ABSENT: None