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444.2005 RESOLUTION AUTHORIZING TRANSFER OF PROPERTY TO WEST GLENS FALLS EMERGENCY SQUAD, INC. AND ACCEPTANCE OF PROPERTY FROM WEST GLENS FALLS EMERGENCY SQUAD, INC. RESOLUTION NO.: 444, 2005 INTRODUCED BY: Mr. Tim Brewer WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. John Strough WHEREAS, the Town of Queensbury owns certain property located on Luzerne Road which it received from the Queensbury Economic Development Corporation (QEDC) as is more specifically described in the deed presented by QEDC, and WHEREAS, the Queensbury Town Board has determined that the proposed Connector Road between Main Street and Luzerne Road is an infrastructure improvement that will provide economic benefit to the Town as part of the Exit 18/Main Street Corridor improvements, and WHEREAS, as part of such Connector Road Project and Main Street Project, and as part of providing emergency medical services to the Town, the Town Board plans to construct a park and ride facility and exchange certain property for the current West Glens Falls Emergency Medical Squad, Inc., (WGF EMS) property on Main Street, and WHEREAS, the WGF EMS has agreed to transfer a .7 acre parcel located on Main Street to the Town of Queensbury for its fair value being approximately $370,000, and WHEREAS, as part of such transfer, the Town of Queensbury has agreed to transfer the 1.34 acre parcel being a portion of the property received from QEDC for a value of $70,000 to the WGF EMS, and WHEREAS, the Town Board wishes to authorize such transfer(s) and WHEREAS, the WGF EMS has agreed to provide a proposed Warranty Deed for such property in form acceptable to Town Counsel, and WHEREAS, the transfer of property from the Town is subject to permissive referendum under Town Law §64(2), NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves and accepts the transfer of the .7 acre parcel of land located on Main Street from the West Glens Falls Emergency Squad, Inc., as referenced in this Resolution in accordance with an agreement to be in a form acceptable to the Town Supervisor and Town Counsel using the property’s fair value of $370,000, and BE IT FURTHER, RESOLVED, that such property transfer shall be subject to a permissive referendum in the manner provided in New York State Town Law Article 7, and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes and directs the Town Clerk to publish and post such notices and take such other actions as may be required by law, and BE IT FURTHER, RESOLVED, that the Town Board further accepts and approves the transfer of the 1.34 acre parcel being a portion of the property received from QEDC for a fair value of $70,000, to the West Glens Falls Emergency Squad, Inc., and 2 BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Budget Officer and Executive Director of Community Development to take such other and further action as may be necessary to effectuate the terms of this Resolution including the purchase of title insurance for the portion of the Main Street property the Town will receive from the WGF EMS and execute any and all documents necessary to complete this transaction, including, without limitation, any agreement in form acceptable to Town Counsel, Deed, Real Property Transfer Report and Capital Gains Affidavit. th Duly adopted this 19 day of September, 2005, by the following vote: AYES : Mr. Boor, Mr. Strough, Mr. Brewer, Mr. Stec NOES : None ABSENT: Mr. Turner 3