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4.07 4.7 Property Purchases of AcquisitionsTroperty Purchase From Warren County—Indian Ridge-Farr Lane-Adjacent to Rush Pond Part:-Tax Foreclosure-1 I-2- 2020 RESOLUTION AUTHORIZING PURCHASE OF PROPERTY LOCATED IN VICINITY OF FARR LANE AND THE TOWN'S RECREATION PROPERTY KNOWN AS THE RUSH POND PARK AND TRAILS RESOLUTION NO.: ,2020 INTRODUCED BY: WHO MOVED FOR ITS ADOPTION SECONDED BY: WHEREAS, by Resolution No.: 632 of 2005, the Warren County Board of Supervisors authorized that any Town, Village or City within Warren County can purchase property obtained in a foreclosure proceeding by the County for either one-third (1/3) the market value or the amount of delinquent taxes plus penalties and interest due at the time of the foreclosure, whichever is higher, and WHEREAS, the Queensbury Town Board wishes to purchase a parcel of County-owned property included in the 2020 County Tax Foreclosure proceeding referred to as Tax Map Parcel No.: 295.20-1-12 totaling approximately .34 acres located in the vicinity of Farr Lane and the Town's Rush Pond Park and trails, as the Town Board has determined that obtaining such property will expand passive recreational opportunities by providing additional lands/acreage to interconnect and access the existing Town Recreation property known as the Rush Pond Park and trails, and WHEREAS, by Resolution No.: 312 of 2020, the Warren County Board of Supervisors authorized the sale of such parcel to the Town for the amount of $1,055.17 which is the current amount of delinquent taxes plus penalties and interest due at the time of the foreclosure on the parcel, NOW, THEREFORE, BE IT RESOLVED, that the Town Board hereby approves and authorizes the purchase of a parcel of land owned by Warren County referred to as Tax Map Parcel No.: 295.20-1-12, totaling approximately .34 acres, located in the vicinity of Farr Lane and the Town's Rush Pond Park and trails for an amount not to exceed$1,055.17 as delineated in the preambles of this Resolution, and BE IT FURTHER, RESOLVED, that in order to facilitate the purchase of such parcel, the Town Board authorizes the Town Budget Officer to amend the 2020 Town budget as follows: • Increase Appropriation 001-1940-2820 - Purchase of Land-$1,055.17 • Decrease Appropriation 001-1990-4400 - Contingency- $1,055.17 and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to execute any and all documents necessary to complete this transaction in form acceptable to Town Counsel, including, without limitation, any needed real estate contract, Real Property Transfer Reports and Capital Gains Affidavits and the Town Supervisor, Town Assessor, Parks and Recreation Director, Town Counsel and/or Town Budget Officer to take such other and further actions as may be necessary to effectuate the terms of this Resolution. Duly adopted this 2"d day of November, 2020, by the following vote: AYES NOES ABSENT: �uftrbisvrs Aura (vuaf� varb of RESOLUTION NO. 632 OF 2005 Resolution introduced by Supervisors Belden, Monroe, Champagne, Quintal, Haskell, Bentley and F. Thomas AMENDING RESOLUTION NO. 452 OF 1996 - REVISING POLICY TO ALLOW ANY TOWN, VILLAGE OR CITY WITHIN WARREN COUNTY TO PURCHASE PROPERTY WHICH HAS BEEN OBTAINED BY THE COUNTY OF WARREN FROM A FORECLOSURE PROCEEDING FOR BACK TAXES - REAL PROPERTY TAX SERVICES DEPARTMENT WHEREAS, Resolution No. 452 of 1996 provides, under Part II subparagraph E, that any Town, Village or City within Warren County can purchase property which has been obtained in a foreclosure proceeding by the County for either one-third (1/3) of the market value or the amount of outstanding taxes on the parcel, whichever is higher, and WHEREAS, it has been proposed to change the aforementioned policy and provide the option to any Town, Village or City within Warren County to purchase property which has been obtained in a foreclosure proceeding for the amount of the delinquent taxes plus penalties and interest due at the time of the foreclosure or one-third (1/3) of the value of the property, whichever amount is lower, provided, however, that if the Municipality re-sells the property within five (5) years following acquisition, the Municipality shall pay to the County fifty percent (50%) of the profit made on such sale with profit being defined as that amount received by the Municipality in excess of the cost of acquisition and the cost of any improvements made to the property by the Municipality, now, therefore, be it RESOLVED, that the Warren County Board of Supervisors hereby authorizes the amendment to Resolution No. 452 of 1996, under Part II subparagraph E, as set forth in the preambles of this Resolution. YAU1istory'',2005Docs\2005 Resos\all resos1R632-05.wpd.wpd\svn\ 10/26/05 r Warren County Board of Supervisors RESOLUTION No. 312 oP 2020 RESOLUTION INTRODUCED BY SUPERVISORS BRAYMER, DICKINsON, HOGAN, BEATY, MERLINO, SIMPsON AND STROUM AUTHORIZING SALE OF TOWN OF QUEENSBURY TAX MAP PARCEL NO. 295.20-1-12 TO THE TOWN OF QUEENSBURY FOLLOWING THE 2020 WARREN COUNTY TAX FORECLOSURE PROCEEDING WHEREAS, Town of Queensbury Tax Map Parcel No. 295.20-1-12 is a small parcel of land adjacent to Town-owned property (Town of Queensbury Recreation Department) and is included in the 2020 County Tax Foreclosure proceeding for delinquent taxes, and WHEREAS, Resolution No. 632 of 2005 allows a Town to purchase property which has been obtained in a foreclosure proceeding by the County, for the amount of the delinquent taxes plus penalties and interest due at the time of the foreclosure, or one-third (1/3) of the value of the property, whichever amount is lower, and WHEREAS, Town of Queensbury Supervisor John Strough has advised that the Town desires to purchase the above-referenced parcel , now, therefore, be it RESOLVED, that the Warren County Board of Supervisors hereby authorizes the sale of Town of Queensbury Tax Map Parcel No. 295.20-1-12 to the Town of Queensbury, for the amount of delinquent taxes plus penalties and interest due at the time of the foreclosure, or one-third (1/3) of the value of the property, whichever is lower, provided, however, that if the Town of Queensbury re-sells the property within five (5) years following acquisition, the Town of Queensbury shall pay to the County fifty percent (50%) of the profit made on such sale with profit being defined as that amount \art\025-20 SEPTEMBER 18,2020 BOARD MEETING 1 a Warren County Board of Supervisors RFSOwnw No. 312 OF 2020 RESOLUTION INT oum BY SUPERVISORS BRAYMER, DIcKiNSON, HOGAN, BEATY, MERLINO, SIMPSON AND STROUGH received by the Town of Queensbury in excess of the cost of acquisition and the cost of any improvements made to the property paid by the Town of Queensbury, and be it further RESOLVED, that upon payment of the amount due for the parcel the Chairman of the Board of Supervisors be, and hereby is, authorized to execute a Quitclaim Deed and any other necessary documents to facilitate the conveyance in a form approved by the County Attorney. \art\025-20 SEPTEMBER 18,2020 BOARD MEETING