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180.2009 RESOLUTION AUTHORIZING SETTLEMENT OF PENDING ARTICLE 7 REAL PROPERTY ASSESSMENT CASES COMMENCED BY FRANK J. PARILLO RESOLUTION NO.: 180, 2009 INTRODUCED BY: Mr. Anthony Metivier WHO MOVED ITS ADOPTION SECONDED BY: Mr. Daniel Stec WHEREAS, Frank J. Parillo (Petitioner) previously commenced Article 7 Real Property Assessment Review cases against the Town for tax years 2007/08 and 2008/09 concerning assessments on four (4) parcels of commercial property located on Corinth and/or Big Bay Roads, Queensbury (Tax Map Nos.: 309.13-2-2; 309.13-2-3; 309.13-2-4; 309.13-2-9;), and WHEREAS, the Town Assessor has recommended a settlement proposal to the Town Board and the Town Board has reviewed the cases with Town Counsel, and WHEREAS, the Queensbury Union Free School District has approved the proposed settlement, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves the settlement of the pending Article 7 proceedings filed by Frank J. Parillo and identified above, as follows: 2008 Tax Map # Current AV Proposed AV Reduction Spec Dist Refund 309.13-2-2 496,000 301,800 194,200 511.72 309.13-2-3 93,500 98,400 NO N/A 309.13-2-4 187,000 72,400 114,600 301.97 309.13-2-9 127,400 77,000 50,400 132.80 2009 Current AV Proposed AV Reduction Spec Dist Refund 309.13-2-2 496,000 301,800 194,200 516.38 309.13-2-3 93,500 98,400 NO N/A 309.13-2-4 187,000 72,400 114,600 304.72 309.13-2-9 127,400 77,000 50,400 134.01 and BE IT FURTHER, RESOLVED that the Town Board authorizes and directs that any payment of any and all refunds shall be refunded, with interest if ordered by the Court, within sixty (60) days after service upon the taxing authorities of the Order approving settlement with Notice of Entry, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Town Assessor, Town Budget Officer 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 18 day of May, 2009, by the following vote: AYES : Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier NOES : None ABSENT: None 2