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412.2005 RESOLUTION AUTHORIZING ACCEPTANCE OF PROPERTY FROM QUEENSBURY ECONOMIC DEVELOPMENT CORPORATION RESOLUTION NO.: 412, 2005 INTRODUCED BY: Mr. Roger Boor WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. Daniel Stec WHEREAS, the Town of Queensbury has for many years contracted for the Queensbury Economic Development Corporation (QEDC) to provide economic development services to the Town of Queensbury, and WHEREAS, the Queensbury Town Board has determined that the proposed Connector Road between Main Street and Luzerne Road is an infrastructure improvement that will provide economic benefit to the Town as part of the Exit 18/Main Street Corridor improvements, and WHEREAS, as part of such Connector Road Project and Main Street Project, and as part of providing emergency medical services to the Town, the Town Board plans to construct a park and ride facility and exchange certain property for the current West Glens Falls Emergency Medical Squad, Inc., property on Main Street, and WHEREAS, QEDC has agreed to transfer 3.3 acres of property located on Luzerne Road adjacent to the proposed Connector Road, and WHEREAS, the Town Board wishes to accept such property, and WHEREAS, QEDC has provided a proposed Warranty Deed for such property in form acceptable to Town Counsel, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves and accepts the transfer of the 3.3 acre parcel referenced in this Resolution contingent upon confirmation of title, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor, Budget Officer and Executive Director of Community Development to take such other and further action as may be necessary to effectuate the terms of this Resolution including the purchase of title insurance for the portion of the property the Town will own for its park and ride facilities, and execute any and all documents necessary to complete this transaction, including, without limitation, any agreement in form acceptable to Town Counsel, Deed, Real Property Transfer Report and Capital Gains Affidavit. th Duly adopted this 12 day of September, 2005, by the following vote: AYES : Mr. Stec, Mr. Turner, Mr. Strough, Mr. Brewer NOES : None ABSENT: Mr. Boor