112.98
RESOLUTION AUTHORIZING SETTLEMENT OF PENDING
ARTICLE 7 REAL PROPERTY ASSESSMENT CASE
COMMENCED BY U.J. LIMITED PARTNERSHIP
RESOLUTION NO.: 112, 98
INTRODUCED BY: Mr. Douglas Irish
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
WHEREAS, U.J. Limited Partnership has commenced an Article 7 real property assessment
review case against the Town of Queensbury for the 1997 assessment year, and
WHEREAS, the Town Board of the Town of Queensbury has reviewed this case with Town
Counsel and the Town Assessor has recommended the following settlement to the Town Board,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby approves of settlement
of the pending Article 7 case against the Town of Queensbury by U. J. Limited Partnership in
accordance with the following revised assessment value:
Tax Map No.: Tax Year: New Assessment:
150-1-14.2 1997 $ 116,300.00
and
BE IT FURTHER,
RESOLVED, that the settlement shall be with a refund to be paid by the Town, except that the
refund shall be paid without interest, and
BE IT FURTHER,
RESOLVED, that the Town Supervisor and Town Counsel are authorized to execute
settlement documents and take any additional steps that may be necessary to effectuate the proposed
settlement in accordance with the above terms.
rd
Duly adopted this 23 day of March, 1998, by the following vote:
AYES : Mr. Turner, Mr. Irish, Mr. Tucker, Mr. Merrill, Mr. Champagne
NOES : None
ABSENT: None