033.97
RESOLUTION AUTHORIZING SETTLEMENT OF PENDING ARTICLE 7
TAX ASSESSMENTS - JOHN BURKE APARTMENTS
RESOLUTION NO.: 33, 1997
INTRODUCED BY: Mrs. Connie Goedert
WHO MOVED ITS ADOPTION
SECONDED BY: Mrs. Betty Monahan
WHEREAS, certain Article 7 Real Property Tax Assessment Review
cases have been commenced by John Burke Apartments against the Town
of Queensbury for the tax years 1993-94, 1994-95, 1995-96, and
1996-97, and
WHEREAS, the Town Board of the Town of Queensbury has reviewed
the tax assessment review case with Town Counsel and the Town
Assessor has recommended the following settlement to the Town
Board,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby
approves of settlement of tax assessment cases against the Town of
Queensbury by John Burke Apartments in accordance with the
following revised assessment values:
Tax Map No.: Tax Year: New Assessment:
97-2-5.2 1993-94 $4,200,000.
97-2-5.2 1994-95 4,200,000.
97-2-5.2 1995-96 4,200,000.
97-2-5.2 1996-97 4,200,000.
97-2-5.1 1993-94 199,900.
97-2-5.1 1994-95 199,900.
97-2-5.1 1995-96 199,900.
97-2-5.1 1996-97 199,900.
and
BE IT FURTHER,
RESOLVED, that the Town Supervisor and Town Counsel are
authorized to execute settlement documents and take any additional
steps that may be necessary to effectuate the proposed settlement
in accordance with the above terms.
Duly adopted this 6th day of January, 1997, by the following
vote:
AYES : Mrs. Monahan, Mr. Turner, Mrs. Goedert, Mr. Champagne
NOES : None
ABSENT: Mrs. Pulver