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104.97 RESOLUTION AUTHORIZING SETTLEMENT OF PENDING ARTICLE 7 REAL PROPERTY ASSESSMENT CASES MEADOWRUN DEVELOPMENT CORPORATION RESOLUTION NO.: 104.97 INTRODUCED BY: Mrs. Connie Goedert WHO MOVED ITS ADOPTION SECONDED BY: Mrs. Carol Pulver WHEREAS, certain Article 7 Real Property Assessment Review cases have been commenced by Meadowrun Development Corporation 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 these cases 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 four pending Article 7 cases against the Town of Queensbury by Meadowrun Development Corporation in accordance with the following revised assessment values: Tax Map No.: Tax Year: New Assessment: 74.-1-12.1 1993-94 $975,000. 1994-95 975,000. 1995-96 975,000. 1996-97 975,000. 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 3rd day of March, 1997, by the following vote: AYES : Mrs. Pulver, Mrs. Monahan, Mr. Turner, Mrs. Goedert, Mr. Champagne NOES : None ABSENT: None