Loading...
4.09 4.9 ASSESSMENTS\Settle Glens Falls Country Chill—11-6-17 RESOLUTION AUTHORIZING SETTLEMENT OF PENDING ARTICLE 7 REAL PROPERTY ASSESSMENT CASES COMMENCED BY GLENS FALLS COUNTRY CLUB, INC. RESOLUTION NO.: ,2017 INTRODUCED BY: WHO MOVED ITS ADOPTION SECONDED BY: WHEREAS, the Glens Falls Country Club, Inc., (Petitioner) previously commenced Article 7 Real Property Assessment Review cases for 2016 - 2017 against the Town of Queensbury concerning the assessments on certain parcels of property located on Round Pond, Mannis and Country Club Roads, Town of Queensbury, having Tax Map Nos.: 289.18-1-37, 296.6-1-12, 296.7-1-19 and 296.10-1-20, (hereinafter collectively the"Property"), and WHEREAS, the Town Assessor has reviewed the cases with Town Counsel and the Assessor has recommended a settlement proposal to the Town Board, and WHEREAS, the Queensbury Union Free School District has indicated that it will approve the proposed settlement, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves the settlement of the pending Article 7 cases against the Town of Queensbury brought by Glens Falls Country Club, Inc., for the 2016 — 2017 tax years concerning the assessment on property located on Round Pond, Mannis and Country Club Roads, Town of Queensbury, having Tax Map Nos.: 289.18-1-37, 296.6-1-12, 296.7-1-19 and 296.10-1-20, whereby Glens Falls Country Club, Inc., will withdraw its case against the Town of Queensbury for tax year 2016 and its respective demands for refunds, and BE IT FURTHER, RESOLVED, that the total of the assessment of the Property shall be amended and reduced to an aggregate of$3,400,000 for the year 2017 following which the Assessor shall fairly allocate the reduced aggregate assessments across the four (4) tax map parcel numbers depicting the Property as she deems appropriate, and BE IT FURTHER, RESOLVED, that Real Property Tax Law §727 shall apply to the property for the years 2018, 2019 and 2020, 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. Duly adopted this 6ffi day of November, 2017by the following vote: AYES NOES ABSENT: 2