329.2017 Settlement Pending Artice 7 Glens Falls Country Club RESOLUTION AUTHORIZING SETTLEMENT OF PENDING
ARTICLE 7 REAL PROPERTY ASSESSMENT CASES
COMMENCED BY GLENS FALLS COUNTRY CLUB, INC.
RESOLUTION NO.: 329,2017
INTRODUCED BY: Mr. George Ferone
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Tim Brewer
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 Mr. Metivier, Mr. Clements, Mr. Ferone, Mr. Brewer, Mr. Strough
NOES None
ABSENT: None
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