335.2018 Agreement- Lake George Land Conservancy-Property Purchase & Conservation Easement- French Mountain Preserve RESOLUTION AUTHORIZING AGREEMENT BETWEEN TOWN OF
QUEENSBURY AND LAKE GEORGE LAND CONSERVANCY, INC. FOR
PROPERTY PURCHASE AND CONSERVATION EASEMENT IN
CONNECTION WITH FRENCH MOUNTAIN PRESERVE
RESOLUTION NO.: 335, 2018
INTRODUCED BY: Mr. George Ferone
WHO MOVED ITS ADOPTION
SECONDED BY: Mrs. Jennifer Switzer
WHEREAS, the Lake George Land Conservancy, Inc. (LGLC) has advised that it wishes
to purchase certain property in the Towns of Lake George and Queensbury currently owned by
French Mountain Forest, LLC for the price of$525,000 consisting of 318± acres east of Bloody
Pond Road with property bearing Tax Map No.: 265-1-28 located in the Town of Queensbury
and properties bearing tax map nos. 264.16-1-27, 264.16-1-28, 265.00-2-1 located in the Town
of Lake George, such properties collectively referred to as the French Mountain Preserve, and
WHEREAS, in an effort to protect and preserve that portion of property in the French
Mountain Preserve located in the Town of Queensbury, the Queensbury Town Board wishes to
subsequently purchase from LGLC that portion of property bearing Tax Map No.: 265-1-28 for
the amount of$67,000, and
WHEREAS, the Town Board also wishes to grant to the LGLC a Conservation Easement
restricting the use of the property to passive recreation uses by the public and/or to permit
forestry management and donate $10,000 to LGLC for administration of the Conservation
Easement, and
WHEREAS, a proposed Agreement between the LGLC and the Town of Queensbury
regarding the Town's property purchase is presented at this meeting and is in form acceptable to
Town Counsel,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby authorizes the Agreement
between the Lake George Land Conservancy, Inc. (LGLC) and the Town of Queensbury
providing for the Town's purchase of property bearing Tax Map No.: 265-1-28 for the amount of
$67,000, and an additional $10,000 for the administration of the Conservation Easement, as more
specifically delineated in the preambles of this Resolution, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to
execute the Agreement substantially in the form presented at this meeting, as well as a
Conservation Easement with the LGLC to be in form acceptable to Town Counsel and/or the
Town Supervisor, and any other needed documentation to effectuate the property purchase and
Conservation Easement, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Budget
Officer to take all actions needed to provide for the expenditures of $67,000 for the property
purchase and $10,000 for the administration of the Conservation Easement, including amending
the Town Budget by decreasing the Town's Undesignated, Unappropriated General Fund
Balance 4001-0000-0909 by $77,000 and increasing Land Acquisition Appropriation Account
4001-1940-2820 by $77,000, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor,
Town Budget Officer and/or Town Counsel to take any other needed actions to effectuate the
terms of this Resolution.
Duly adopted this 10th day of September, 2018, by the following vote:
AYES: Mr. Strough, Mr. Metivier, Mrs. Atherden, Mr. Ferone, Mrs. Switzer
NOES: None
ABSENT: None