295.91
RESOLUTION AUTHORIZING SALE OF PROPERTY TO THE PYRAMID COMPANY OF
GLENS FALLS
RESOLUTION NO. 295, 1991,
Introduced by Mrs. Marilyn Potenza who
moved for its adoption, seconded by Mr. George Kurosaka:
WHEREAS, the Town of Queensbury is desirous of selling certain
property located off Aviation Road, as shown on the Town of
Queensbury Tax Map as number 98-1 (no lot number), and labeled
Queensbury Hill Road, to the Pyramid Company of Glens Falls, and
WHEREAS, the Town Board of the Town of Queensbury, after having the
property appraised by a certified real property appraiser and after
considering the size of the subject property and the fact that said
property is located such that, in the opinion of the Town Board,
its best value may be obtained by selling the same to an adjoining
property owner and by retaining a right to obtain sand from said
property, and
WHEREAS, a Contract of Sale with the Pyramid Company has been
presented at this meeting, and
WHEREAS, the Town Board is desirous to authorizing and completing
the purchase of said property once a sale contract has been
executed,
NOW, THEREFORE, BE IT
RESOLVED, that this Resolution shall authorize sale of said
property, but not obligate the Town to sell the aforementioned
property until the contract has been executed and the permissive
referendum period expires without a request for referendum being
filed or, if such is filed, until the sale is approved by an
affirmative majority of qualified electors of the Town of
Queensbury voting on the proposition, and
BE IT FURTHER
RESOLVED, that, pursuant to the Town Law of the State of New York,
Section 64(2), and subject to the conditions of this Resolution,
the Town Supervisor is hereby authorized to execute and place the
seal of the Town of Queensbury on the sale contract, as well as the
deed and any other documents necessary to sell the property, to
arrange for transfer of ownership to the Pyramid Company of Glens
Falls, arrange for transfer of the title documents to the attorney
for the Pyramid Company of Glens Falls, and collect payment for
said property, and
BE IT FURTHER,
RESOLVED, that payment for the property shall be deposited in the
appropriate account, as determined by the Town Supervisor as Chief
Fiscal Officer of the Town of Queensbury, and
BE IT FURTHER
RESOLVED, that, in accordance with section 64 of the Town Law of
the Sate of New York, this Resolution is subject to a permissive
referendum and the Town Clerk shall publish and post a copy of this
Resolution in accordance with the procedures set forth in Article 7
of the Town Law of the Sate of New York with a notice that this
Resolution was adopted on the date indicated herein, by the council
persons indicated, an within the Town of Queensbury.
Duly adopted this 13th day of May, 1991, by the following vote:
Ayes: Mr. Kurosaka, Mrs. Potenza, Mr. Montesi, Mrs. Monahan, Mr.
Borgos
Noes: None
Absent: None