595.2006
RESOLUTION AUTHORIZING SETTLEMENT OF PENDING ARTICLE 7
REAL PROPERTY ASSESSMENT CASE COMMENCED BY ALDI, INC.
RESOLUTION NO.: 595, 2006
INTRODUCED BY: Mr. Roger Boor
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Tim Brewer
WHEREAS, Aldi, Inc., previously commenced an Article 7 Real Property Assessment Review
case against the Town of Queensbury concerning its supermarket property located at 176 Quaker
Road (tax map no.: 302.7.-1-42) for the 2004/05 tax year, and
WHEREAS, the Town Assessor has recommended a settlement proposal to the Town Board
and the Town Board has reviewed the case with Town Counsel, and
WHEREAS, counsel for the Glens Falls City School District has advised that the proposed
settlement terms have been approved by the District,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves the settlement of the pending
Article 7 case against the Town of Queensbury by Aldi, Inc., concerning its supermarket property at
176 Quaker Road (Tax Map No.: 302.7-1-42) for the 2004/05 tax year in accordance with the
following revised assessment value:
Tax Year: Current Assessment Revised Assessment
2004/05 $1,168,000 $978,600
and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs payment of any and all refunds
without interest to Petitioner’s counsel, Gilberti, Stinziano, Heintz & Smith, within forty-five (45) days
from the date that a Demand for Refunds is served upon the Town of Queensbury and the Warren
County Treasurer, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Town
Assessor 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.
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Duly adopted this 4 day of December, 2006, by the following vote:
AYES : Mr. Boor, Mr. Sanford, Mr. Strough, Mr. Brewer, Mr. Stec
NOES : None
ABSENT: None