259.2008
RESOLUTION AUTHORIZING ENGAGEMENT OF
UPSTATE APPRAISAL SERVICES, INC., TO PREPARE APPRAISAL
IN CONNECTION WITH ARTICLE 7 ASSESSMENT CASE
COMMENCED BY HARRIS BAY YACHT CLUB
RESOLUTION NO.: 259, 2008
INTRODUCED BY: Mr. John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Ronald Montesi
,
WHEREAS the Town of Queensbury is engaged in litigation with Harris Bay Yacht Club
regarding real property tax assessments on its property for the years 2006 and 2007, and
,
WHEREAS the total assessed value of the properties for each of the years in question is
approximately $5,000,000 and the tax amounts in dispute are substantial and could result in large
refunds to Harris Bay Yacht Club if it prevails in the litigation, and
,
WHEREAS the firm of Upstate Appraisal Services, Inc., (UAS) is a reputable and
established appraisal company, with significant experience, including extensive experience in
appraising large commercial properties, and
WHEREAS, UAS has appraised other commercial property for the Town and its
performance and services have been entirely satisfactory, and
WHEREAS, UAS has proposed to prepare preliminary and final appraisals for the Town’s
use in settlement discussions and litigation, with its fee for the preliminary appraisal not to exceed
$1,800 and its fee for a final, trial-ready appraisal, if necessary, not to exceed $2,200 (for a
maximum total of $4,000), with the costs of UAS’ work to be shared equally by the Town and the
Lake George Central School District, and
WHEREAS, the Lake George Central School District approves of retaining UAS to
perform the needed appraisal work on the stated terms and asks that the Town similarly provide
its approval, and
WHEREAS the Assessor and Town Counsel recommend that UAS be retained to provide
the necessary appraisal services on the proposed terms, with the cost to be divided equally
between the Town and the Lake George Central School District,
NOW, THEREFORE, BE IT
,
RESOLVED that the Queensbury Town Board hereby authorizes and directs the
engagement of Upstate Appraisal Services, Inc. to prepare a preliminary appraisal and, if
necessary, a final appraisal of the Harris Bay Yacht Club property, with the cost for such
preliminary appraisal not to exceed $1,800 and the cost of a final appraisal, if necessary, not to
exceed an additional $2,200 (for a maximum total of $4,000), which costs shall be divided equally
between the Town and the Lake George Central School District, with the Town’s portion to be
paid from the Assessor’s Department Article 7 Account No.: 001-1355-4740, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Assessor,
Town Counsel and/or Town Supervisor to take any action necessary to effectuate the terms of
this Resolution.
th
Duly adopted this 5 day of May, 2008, by the following vote:
AYES : Mr. Stec, Mr. Metivier, Mr. Montesi, Mr. Strough, Mr. Brewer
NOES : None
ABSENT : None
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