267.98
RESOLUTION AUTHORIZING SETTLEMENT OF PENDING
ARTICLE 7 REAL PROPERTY ASSESSMENT CASE
COMMENCED BY NEW YORK TELEPHONE
RESOLUTION NO.: 267. 98
INTRODUCED BY: Mr. Theodore Turner
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Richard Merrill
WHEREAS, New York Telephone 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 New York Telephone in accordance
with the following revised assessment value:
Tax Map No.: Tax Year: New Assessment:
903.-4-1.1, 1.2 and 1.3 1997 $ 2,166,454
1998 $ 2,131,000
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. Turner, Mr. Tucker, Mr. Merrill, Mr. Champagne
NOES : None
ABSENT:Mr. Irish