338.2003
RESOLUTION AUTHORIZING SETTLEMENT OF PENDING
ARTICLE 7 REAL PROPERTY ASSESSMENT CASES
COMMENCED BY AMERADA HESS CORP.
RESOLUTION NO.: 338. 2003
INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Dennis Brower
WHEREAS, the Amerada Hess Corporation previously commenced Article 7 Real
Property Assessment Review cases against the Town of Queensbury for tax years 1999/00
through 2002/03 concerning assessments on properties located in the Town of Queensbury at 756
Quaker Road (Tax Map No.: 110-1-2 .7 for 1999 and 2000 and Tax Map No.: 303.15-1-8 for
2001 and 2002), and 527 Aviation Road (Tax Map No.: 72-3-18 for 1999 and 2000 and Tax Map
No.: 302.5-1-38 for 2001 and 2002), 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, counsel for the Queensbury Union Free School District has recommended
that the District approve the proposed settlement and expects that the School Board will approve
it in the near future,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves the settlement of the
pending Article 7 cases against the Town of Queensbury brought by Amerada Hess Corporation
for the 1999/00 through 2002/2003 tax years concerning assessments on properties located in the
Town of Queensbury at 756 Quaker Road (Tax Map No.: 110-1-2.7 for 1999 and 2000 and Tax
Map No.: 303.15-1-8 for 2001 and 2002) and 527 Aviation Road (Tax Map No.: 72-3-18 for
1999 and 2000 and Tax Map No.: 302.5-1-38 for 2001 and 2002) in accordance with the
following revised assessment values:
756 Quaker Road:
Current Revised
Tax Year Assessment Assessment
1999/00 $994,000 $994,000 (No change in assessment)
2000/01 $994,000 $919,000
2001/02 $994,000 $919,000
2002/03 $994,000 $919,000
527 Aviation Road:
Current Revised
Tax Year Assessment Assessment
1999/00 $525,000 $525,000 (No change in assessment)
2000/01 $525,000 $500,000
2001/02 $525,000 $500,000
2002/03 $525,000 $500,000
and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs payment of any and all refunds
without interest to Amerada Hess Corporation within thirty (30) days from the date that a
Demand for Refunds is served upon the Town of Queensbury, 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.
st
Duly adopted this 21 day of July, 2003, by the following vote:
AYES : Mr. Brower, Mr. Boor, Mr. Turner, Mr. Stec, Mr. Brewer
NOES : None
ABSENT: None