240.2006
RESOLUTION AUTHORIZING SETTLEMENT OF PENDING
ARTICLE 7 REAL PROPERTY ASSESSMENT CASE
COMMENCED BY DECOGLEN, L.P.
RESOLUTION NO.: 240, 2006
INTRODUCED BY: Mr. John Strough
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Roger Boor
WHEREAS, Decoglen, L.P. (“Decoglen”), previously commenced an Article 7 Real Property
Assessment Review case against the Town of Queensbury in 2005 concerning the assessment on
property located at 730 Glen Street, Queensbury (Tax Map No.: 302.6-1-54) and
WHEREAS, the Town Assessor has recommended a settlement proposal to the Town Board
and the Town Board has reviewed the cases with Town Counsel, and
WHEREAS, the Board of the Queensbury Union Free School District has approved the
proposed settlement,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves the settlement which will
result in a revised 2005 assessment as follows:
Current Revised Applicable
Tax Map No. Address Assessment Assessment Assessment
Year
302.6-1-54 730 Glen Street $500,000 $475,000 2005
and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs payment of any and all refunds
without interest to Decoglen within sixty (60) days from the date that a Demand for Refunds is served
upon the Town, and
BE IT FURTHER,
RESOLVED, that in accordance with Section 727 of the New York State Real Property Tax
Law, the assessment on the parcel (Tax Map # 302.6-1-54) shall remain at $475,000 for the next three
tax years (2006/07, 2007/08 and 2008/09) unless the Town performs a Town-wide revaluation or
some other exception provided for under Section 727 becomes applicable to the assessment rolls for
those tax years, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Town
Assessor, 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.
st
Duly adopted this 1 day of May, 2006, by the following vote:
AYES: Mr. Stec, Mr. Boor, Mr. Sanford, Mr. Strough
NOES: None
ABSENT:Mr. Brewer