264.98
RESOLUTION AUTHORIZING SETTLEMENT OF PENDING
ARTICLE 7 REAL PROPERTY ASSESSMENT CASE
COMMENCED BY C R BARD INCORPORATED
RESOLUTION NO.: 264. 98
INTRODUCED BY: Mr. Pliney Tucker
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Richard Merrill
WHEREAS, C R Bard, Inc., has commenced an Article 7 real property assessment review case
against the Town of Queensbury for the 1996 and 1997 assessment years, and
WHEREAS, the Town Board of the Town of Queensbury has reviewed this 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 the pending Article 7 case against the Town of Queensbury by C R Bard, Inc. in accordance with
the following revised assessment value:
Tax Map No.: Tax Years: New Assessment:
105-1-19 1996 & 1997 $ 5,783,936
106-3-1 1996 & 1997 254,800
(TOTAL: $ 6,038,736)
and
BE IT FURTHER,
RESOLVED, that the settlement shall be with one-half of the refund, including interest, that
would ordinarily be payable, 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.
th
Duly adopted this 6 day of July, 1998, by the following vote:
AYES : Mr. Turner, Mr. Tucker, Mr. Merrill, Mr. Champagne
NOES : None
ABSENT:Mr. Irish