Loading...
558.2008 RESOLUTION AUTHORIZING SETTLEMENT OF PENDING ARTICLE 7 REAL PROPERTY ASSESSMENT CASES COMMENCED BY PETER & ROBERT NEMER RESOLUTION NO.: 558, 2008 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. Metivier WHEREAS, Peter and Robert Nemer previously commenced Article 7 Real Property Assessment Review cases against the Town beginning in 2005 challenging the assessments on three parcels, consisting of two car dealerships on and an undeveloped parcel, all located along Quaker Road (Tax Map Nos.: 296.20-1-7, 303.6-1-3 and 303.15-1-10), and WHEREAS, the Town Assessor has reviewed the cases with Town Counsel and the Assessor has recommended a settlement proposal to the Town Board, and WHEREAS, it is anticipated that the Queensbury Union Free School District and Glens Falls City School District will approve the proposed settlement, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves the settlement of the pending Article 7 proceedings filed by Peter and Robert Nemer as follows: 1)For 2005, 2006, 2007 & 2008, the assessments on the parcels shall be revised as follows: Tax Map #: Assessed Value Revised Assessment 296.20-1-7 $1,860,000 $1,420,000 303.6-1-3 544,400 429,000 303.15-1-10 811,000 (Unchanged) and 2)For 2009, 2010, and 2011 the assessments on the parcels shall be as follows, regardless of whether there is a Town-wide revaluation effective before the 2012 Assessment Roll: Tax Map #: Assessed Value 296.20-1-7 $1,300,000 303.6-1-3 389,000 303.15-1-10 811,000 and BE IT FURTHER, RESOLVED, that the Town Board authorizes and directs payment of any and all corresponding refunds, with interest if ordered by the Court, within sixty (60) days from the date that Petitioners serve a Demand for Refunds upon the Town, 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. st Duly adopted this 1 day of December, 2008 by the following vote: AYES: Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier, Mr. Montesi NOES: None ABSENT: None