444.99
RESOLUTION AUTHORIZING SALE OF PARCEL OWNED BY TOWN OF
QUEENSBURY TO OWNERS OF QUEENSBURY PLAZA
RESOLUTION NO.: 444. 99
INTRODUCED BY: Mr. Theodore Turner
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr. Richard Merrill
WHEREAS, by Resolution No.: 401, 1999, the Town Board of the Town of Queensbury
recently abandoned a .05 acre portion of Bank Street which was useless, and
WHEREAS, the Town Board of the Town of Queensbury, by Resolution No. 200.98,
authorized an appraisal of such portion of Bank Street (the “Parcel”), and
WHEREAS, the Town Board has received the appraisal from the Bauer Appraisal Group, Inc.,
and
WHEREAS, the Town Board has analyzed whether the parcel is needed for any Town
purpose, and
WHEREAS, the Town Board now wishes to authorize the sale of the parcel to the owners of
the Queensbury Plaza,
NOW, THEREFORE, BE IT
RESOLVED, that the Town Board hereby determines that the parcel is not needed for any
Town purpose, and
BE IT FURTHER,
RESOLVED, that the Town Board of the Town of Queensbury hereby determines that the
amount of $4,000 is a fair and adequate price for the parcel, and
BE IT FURTHER,
RESOLVED, that the Town Board of the Town of Queensbury hereby accepts and approves
the sale of the .05 acre (2,178 square feet) parcel of land located at the end of Bank Street adjacent to
the Queensbury Plaza for the amount of $4,000 in accordance with the terms of an agreement in form
acceptable to Town Counsel, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes the sale of the parcel to the owners of the
Queensbury Plaza and further authorizes and directs the Town Supervisor to execute any and all
documents necessary to complete this transaction, including, without limitation, the agreement of sale
in form acceptable to Town Counsel, the Deed, the Real Property Transfer Report and the Capital
Gains Affidavit, and take such other and further action as may be necessary to effectuate the terms of
this Resolution, and
BE IT FURTHER,
RESOLVED, that this Resolution shall be subject to a permissive referendum in accordance
§
with 64(2) of the Town Law and shall not take effect until such time as provided for Resolutions
subject to permissive referendum in Article 7 of the Town Law and the Town Board further authorizes
and directs the Town Clerk to post and publish the required notice for Resolutions subject to
permissive referendum.
th
Duly adopted this 20 day of December, 1999, by the following vote:
AYES: Mr. Merrill, Mr. Turner, Mr. Irish, Mr. Tucker, Mr. Champagne
NOES: None
ABSENT:None