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298.2003 RESOLUTION ACCEPTING DEDICATION OF REMAINING PORTION OF FARR LANE IN PHASE III OF INDIAN RIDGE SUBDIVISION RESOLUTION NO.: 298, 2003 INTRODUCED BY: Mr. Daniel Stec WHO MOVED ITS ADOPTION SECONDED BY: Mr. Tim Brewer WHEREAS, Tra-Tom Development, Inc., has offered to dedicate to the Town of Queensbury, the remaining portion of Farr Lane in Phase III of the Indian Ridge Subdivision, which road is more particularly described in the survey map prepared by VanDusen & Steves Land Surveyors, LLC dated May 22, 2002 and presented at this meeting, and WHEREAS, Highway Superintendent Richard Missita has recommended acceptance of the road contingent upon the developer completing the top coat of the black-top within two years of the date of acceptance or July 1, 2005, and WHEREAS, Tra-Tom Development, Inc., has provided the Town with a cash escrow to ensure placement of the top coat on the roads by July 1, 2005, and WHEREAS, the Deputy Water Superintendent has confirmed that installation of water mains and appurtenances has been made in accordance with the Town Water Department’s standards with the exception that all valves and hydrants are to be at final grade after Niagara Mohawk Power Corporation completes their work and the topsoil has been applied, and WHEREAS, the Director of Building and Codes Enforcement has recommended acceptance of the road, and WHEREAS, the form of the deed and title to the road offered for dedication have been reviewed and approved in form by Town Counsel, NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby accepts and approves the deed for dedication of the remaining portion of Farr Lane in Phase III of the Indian Ridge Subdivision in the Town of Queensbury, and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to execute, sign and affix the Town seal to any and all documents necessary to complete the transaction including an Escrow Agreement substantially in the form presented at this meeting,and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Clerk to record the deed in the Warren County Clerk's Office, after which time the deed shall be properly filed and maintained in the Queensbury Town Clerk’s Office, and BE IT FURTHER, RESOLVED, that the road be added to the official inventory of Town Highways as follows: Name: Farr Lane (Remaining Portion – Two portions previously dedicated) Road Number: Description: Beginning at Farr Lane and continuing in a northwesterly direction a distance of 1,585’ and .30 of a mile and ending at Farr Lane. Feet: 1,585’ and .30 of a mile th Duly adopted this 16 day of June, 2003, by the following vote: AYES : Mr. Stec, Mr. Brewer, Mr. Brower, Mr. Boor, Mr. Turner NOES : None ABSENT: None