263.2024 Authorizing Settlement of Property Assessment Cases Filed by Flintlock Corp RESOLUTION AUTHORIZING SETTLEMENT OF
PROPERTY ASSESSMENT CASES FILED BY
FLINTLOCK CORP.
RESOLUTION NO.: 263, 2024
INTRODUCED BY: Mr. Anthony Metivier
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Michael Dixon
WHEREAS, Flintlock Corp. ("Petitioner"), filed Article 7 Real Property Assessment
Review cases against the Town of Queensbury challenging the 2019 through 2023 assessments on
real property located at 1540 State Route 9, in the Town of Queensbury, New York (Tax Map
Parcel 4 288.8-1-14), and
WHEREAS, it appears to be in the best interests of the Town to avoid the significant costs
that would result if the litigation continues and goes to trial, and
WHEREAS, the Town Assessor now recommends proposed settlement terms which have
been negotiated with Petitioner, and
WHEREAS, the School District has already approved the proposed settlement terms,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves the proposed settlement of
the tax assessment cases filed by Flintlock Corp. as follows:
1) The 2019 Proceeding shall be discontinued without reduction of the assessed value or
refunds;
2) The assessed value for Tax Map Parcel 4 288.8-1-14 shall be reduced to $600,000 for
the 2020 through 2023 assessment rolls with refunds. There shall be no interest if
refunds are paid within 60 days of service of the Settlement Order;
3) The assessed value for Tax Map Parcel 4 288.8-1-14 shall be fixed at$650,000 for the
2024 through 2027 assessment rolls and may only be subject to change in limited
circumstances, such as where there are substantial physical changes at the property;
and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor,
Deputy Town Supervisor, Town Assessor, Town Clerk 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.
Duly adopted this 1st day of July, 2024, by the following vote:
AYES Mr. McNulty, Mr. Strough, Mr. Metivier, Mr. Freer, Mr. Dixon
NOES None
ABSENT: None