295.99
RESOLUTION AUTHORIZING SETTLEMENT OF PENDING
ARTICLE 7 REAL PROPERTY ASSESSMENT CASES
COMMENCED BY ADIRONDACK INDUSTRIAL PARK CO., INC.
RESOLUTION NO: 295.99
INTRODUCED BY: Mr. Douglas Irish
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Theodore Turner
WHEREAS, Adirondack Industrial Park Co., Inc., has commenced Article 7 Real Property
Assessment Review cases against the Town of Queensbury for the 1997, 1998 and 1999 assessment
years, and
WHEREAS, the Town Board of the Town of Queensbury has reviewed these cases with
Town Counsel and the Town Assessor has recommended a settlement proposal to the Town Board,
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 Town Board of the Town of Queensbury hereby approves of settlement
of the pending Article 7 cases against the Town of Queensbury by Adirondack Industrial Park Co.,
Inc., for the 1997, 1998 and 1999 tax years in accordance with the following revised assessment value:
Parcel - Tax Map No.: Revised Assessments for 1997, 1998 & 1999:
Lot 6 Marcy Drive $9,375
55-2-19.56
Parcel - Tax Map No.: Revised Assessments for 1997, 1998 & 1999:
Lot 7 Marcy Drive $9,375
55-2-19.57
Lot 8 Marcy Drive $9,375
55-2-19.58
Lot 9 Marcy Drive $9,375
55-2-19.59
Lot 10 Marcy Drive $9,375
55-2-19.510
Lot 11 Marcy Drive $9,375
55-2-19.511
Lot 12 Marcy Drive $9,375
55-2-19.512
Lot 13 Marcy Drive $3,125
55-2-19.513
Lot 13b Marcy Drive $6,250
55-2-19.513/9903
and
BE IT FURTHER,
RESOLVED, that any refunds paid to Adirondack Industrial Park Co, Inc. as a result of this
settlement shall be without interest, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor 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 30 day of August, 1999, by the following vote:
AYES : Mr. Irish, Mr. Tucker, Mr. Merrill, Mr. Turner, Mr. Champagne
NOES : None
ABSENT: None