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313.2010 article 7 John Boomer RESOLUTION AUTHORIZING SETTLEMENT OF PENDING ARTICLE 7 REAL PROPERTY ASSESSMENT CASES COMMENCED BY JOHN BOOMER RESOLUTION NO.: 313, 2010 INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION SECONDED BY: Mr. Anthony Metivier WHEREAS, John Boomer previously commenced Article 7 Real Property Assessment Review cases against the Town of Queensbury for the 2008, 2009, and 2010 assessments on residential property located at 23 Wood Point Lane (Tax Map No.: 239.14-1-3), 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, it is anticipated that the Lake George Central School District will approve 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 John Boomer identified above as follows: Year Tax Map # Current AV Proposed AV Reduction 2008 239.14-1-3 1,198,800 1,073,800 125,000 2009 239.14-1-3 1,198,800 1,073,800 125,000 2010 239.14-1-3 1,198,800 1,073,800 125,000 and BE IT FURTHER, RESOLVED, that the Town Board authorizes and directs payment of any and all refunds, with interest if ordered by the Court, within sixty (60) days after service upon the Warren County Treasurer 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 13 day of September, 2010, by the following vote: AYES: Mr. Montesi, Mr. Strough, Mr. Brewer, Mr. Stec, Mr. Metivier NOES: None ABSENT: None