180.99
RESOLUTION AUTHORIZING SETTLEMENT OF PENDING
ARTICLE 7 REAL PROPERTY ASSESSMENT CASES
COMMENCED BY EVERGREEN BANK
RESOLUTION NO.: 180, 99
INTRODUCED BY: Mr. Douglas Irish
WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Richard Merrill
WHEREAS, Evergreen Bank has commenced Article 7 real property assessment review cases
against the Town of Queensbury for the 1995, 1996, 1997 and 1998 assessment years, 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,
and
WHEREAS, the Queensbury Union Free School District has been informed of the proposed
settlement and the School District has advised that it has no objection,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board of the Town of Queensbury hereby approves of settlement
of the pending Article 7 cases against the Town of Queensbury by Evergreen Bank in accordance with
the following revised assessment value:
Tax Map No.: Tax Years: New Combined Assessment:
103-1-3 and 103-1-4.1 1995/1996 $1,171,200.
103-1-3 and 103-1-4.1 1996/1997 $1,171,200.
103-1-3 and 103-1-4.1 1997/1998 $1,171,200.
103-1-3 and 103-1-4.1 1998/1999 $1,171,200.
and
BE IT FURTHER,
RESOLVED, that the settlement shall be without refunds, and
BE IT FURTHER,
RESOLVED, that the Town Board further authorizes and directs the Town Supervisor and
Town Counsel to execute settlement documents and take any additional steps necessary to effectuate
the proposed settlement in accordance with the above terms.
th
Duly adopted this 17 day of May, 1999, by the following vote:
AYES : Mr. Irish, Mr. Merrill, Mr. Turner, Mr. Champagne
NOES : Mr. Tucker
ABSENT: None