265.98
RESOLUTION AUTHORIZING SETTLEMENT OF PENDING
ARTICLE 7 REAL PROPERTY ASSESSMENT CASE
COMMENCED BY D&C MANAGEMENT ASSOCIATES
RESOLUTION NO.: 265.98
INTRODUCED BY: Mr. Richard Merrill
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
WHEREAS, D&C Management Associates 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 D&C Management Associates in
accordance with the following revised assessment value:
Tax Map No.: Tax Year: New Assessment:
71.-2-14.2 1997 $ 633,600
1998 633,600
1999 633,600
2000 633,600
and
BE IT FURTHER,
RESOLVED, that the settlement shall be with a refund to be paid by the Town, 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.
th
Duly adopted this 6 day of July, 1998, by the following vote:
AYES : Mr. Tucker, Mr. Merrill, Mr. Turner, Mr. Champagne
NOES : None
ABSENT:Mr. Irish