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356.2020 Purchase Property Located in Vicinity of Farr Lane Rush Pond Park Trails 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.: 356, 2020 INTRODUCED BY: Mr. George Ferone WHO MOVED FOR ITS ADOPTION SECONDED BY: Mrs. Amanda Magee 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. nd Duly adopted this 2 day of November, 2020, by the following vote: AYES : Mr. Metivier, Mr. Freer, Mr. Ferone, Mrs. Magee, Mr. Strough NOES : None ABSENT: None