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321.2012 Wrn.Co. St.Rt9 Gurney Ln.Rec. RESOLUTION AUTHORIZING PURCHASE OF PROPERTY OWNED BY WARREN COUNTY LOCATED OFF STATE ROUTE 9 NEAR GURNEY LANE RECREATION AREA RESOLUTION NO.: 321, 2012 INTRODUCED BY: Mr. John Strough WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr. Anthony Metivier WHEREAS, by Resolution the Warren County Board of Supervisors authorized that any Town, Village or City within Warren County can purchase property obtained in a foreclosure proceeding by the County for either one-third (1/3) the market value or the amount of outstanding taxes on the parcel, whichever is higher, and WHEREAS, the Queensbury Recreation Commission and Director of Parks and Recreation have recommended that the Town Board authorize the purchase of a parcel of land located adjacent to 123 acres of Town-owned property off of State Route 9 near the Gurney Lane Recreation Area, such parcel currently owned by Warren County totaling 29.33 acres (Tax Map Parcel No.: 288.-1-40) for the purpose of additional trail expansion and other passive recreational opportunities or for any other lawful purpose as the Town Board may designate, and WHEREAS, the Town Board may purchase the Property for $9,275.79, the current amount of outstanding back taxes on the parcel, and WHEREAS, the Town Board previously established Recreation Reserve Fund No. 61 and the Town Board wishes to withdraw and expend $9,275.79 from such Fund for the property purchase subject to permissive referendum in accordance with New York State General Municipal Law§6(c), NOW, THEREFORE, BE IT RESOLVED, that the Queensbury Town Board hereby approves and authorizes the purchase of a parcel of land owned by Warren County totaling 29.33 acres located off of State Route 9 in the Town of Queensbury near the Gurney Lane Recreation Area, Tax Map Parcel No.: 288.-1-40, as delineated in the preambles of this Resolution, for an amount not to exceed$9,275.79, and BE IT FURTHER, RESOLVED, that the Town Board hereby finds that the withdrawal and expenditure for such purchase is an expenditure related to a specific capital project for which Recreation Reserve Fund No. 61 was established, and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes a transfer from Fund No.: 61 in the amount of$9,275.79 to fund such purchase and authorizes the Town Budget Officer to take all actions necessary to provide for such purchase including amendment of the 2012 Town Budget as follows: • Increase Appropriation 001-1940-2799 -Purchase of Land- $9,500 • Increase Appropriation 001-9901-9120-0061 Transfer to Operating Funds - $9,500 • Increase Revenues 001-0000-55031 —Interfund Transfers - $9,500 and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to execute any and all documents necessary to complete this transaction in form acceptable to Town Counsel, including, without limitation, any needed real estate contract, Real Property Transfer Reports and Capital Gains Affidavits and the Town Supervisor,Director of Parks and Recreation, Town Counsel and/or Town Budget Officer to 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 is subject to a permissive referendum in accordance with the provisions of Town Law Article 7 and the Town Board hereby authorizes and directs the Town Clerk to publish and post such notices and take such other actions as may be required by law. Duly adopted this 5t'day of November, 2012, by the following vote: AYES Mr. Stec,Mr. Metivier,Mr.Montesi,Mr. Strough NOES :None ABSENT:Mr. Brewer