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033.2001 RESOLUTION AUTHORIZING SETTLEMENT OF PENDING ARTICLE 7 REAL PROPERTY ASSESSMENT CASE COMMENCED BY NORTHWAY SELF-STORAGE, LLC RESOLUTION NO.: 33,2001 INTRODUCED BY: Mr. James Martin WHO MOVED ITS ADOPTION SECONDED BY: Mr. Theodore Turner WHEREAS, Northway Self-Storage, LLC previously commenced an Article 7 Real Property Assessment Review case against the Town of Queensbury for the 1999/2000 assessment year, and WHEREAS, the Town Assessor has recommended a settlement proposal to the Town Board and the Town Board has reviewed this case with Town Counsel, and WHEREAS, the Queensbury Union Free School District has been informed of the proposed settlement and the School District has advised that it has no objection, 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 by Northway Self-Storage, LLC for the 1999/2000 tax year in accordance with the following revised assessment value: Parcel - Tax Map No.: Tax Year: Revised Assessment 32 Northway Lane 1999-2000 $197,000 Queensbury, New York 12804 Tax Map No.: 166-1-1 and BE IT FURTHER, RESOLVED, that refunds, with interest, shall be paid to Northway Self-Storage, LLC as a result of this settlement, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Town Assessor 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 8 day of January, 2001, by the following vote: AYES : Mr. Stec, Mr. Brewer, Mr. Martin, Mr. Turner, Mr. Brower NOES : None ABSENT: None