342.94
RESOLUTION APPROVING TERMINATION AND RELEASE OF AGREEMENT
AND RESERVATION IN DEED
RESOLUTION NO.: 342.94
INTRODUCED BY: Mrs. Carol Pulver WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Nick Caimano
WHEREAS, the Town of Queensbury previously conveyed certain
land to the Pyramid Company of Glens Falls, and at the time of
conveyance, excepted and reserved to the Town, 100,000 cubic yards
of sand, delivered, or the cash equivalent thereof, and
WHEREAS, Pyramid has performed, in full, all of its
obligations under the agreement and has satisfied all conditions
for the termination and release of the agreement and the release of
the reservation set forth in the deed,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby
approves the Termination and Release of Agreement and Reservation
in Deed presented at this meeting, as well as the information set
forth in the Combined Real Property Transfer Gains Tax Affidavit,
and
BE IT FURTHER,
RESOLVED, that the Town Supervisor is hereby authorized,
directed, and ordered to execute the Termination and Release of
Agreement and Reservation in Deed, as well as the Combined Real
Property Transfer Gains Tax Affidavit, on behalf of the Town of
Queensbury and arrange for the distribution and filing of the same
as may be appropriate.
Duly adopted this 11th day of July, 1994, by the following
vote:
AYES : Mrs. Pulver, Mrs. Monahan, Dr. Wiswall, Mr. Caimano, Mr.
Champagne
NOES : None
ABSENT: None