114.2013 Purchase Property from Jay Lisa Kapoor for Town RESOLUTION AUTHORIZING PURCHASE OF PROPERTY OWNED BY JAY
AND LISA KAPOOR AND/OR EVEREST ENTERPRISES
FOR TOWN PURPOSES
RESOLUTION NO.: 114, 2013
INTRODUCED BY: Mr.Ronald Montesi
WHO MOVED FOR ITS ADOPTION
SECONDED BY: Mr.John Strough
WHEREAS,the Queensbury Town Board wishes to purchase a one(±) acre parcel of land carved
from an approximately 4.14 acre parcel of land referred to as tan map parcel no.: 296.17-1-46.1, owned
by Jay and Lisa Kapoor and/or Everest Enterprises located along Montray Road in the Town of
Queensbury, as the Town Board has determined that such property is of historical significance as located
on that parcel is the historic Blind Rock which is the legendary place of Native American
rendezvous, ambushes and English-French frontier boundary colonial landmark and crossroads, or
for any other lawful purpose as the Town Board may designate, and
WHEREAS,the Town Board may purchase the Property for$45,000,
NOW,THEREFORE,BE IT
RESOLVED, that the Town Board hereby approves and authorizes the purchase of the one (�)
acre parcel of land carved from an approximately 4.14 acre parcel of land referred to as tax map parcel
no.: 296.17-1-46.1, owned by Jay and Lisa Kapoor aka Everest Enterprises located along Montray Road
i-i the Town of Queensbury for$45,000, and
BE IT FURTHER,
RESOLVED, that in order to facilitate the purchase of such parcel, the Town Board authorizes
the Town Budget Officer to amend the Town Budget to allow use of unappropriated undesignated Fund
Balance in the amount of $45,000 and further authorizes an increase of appropriation 001-1940-2799
Purchase of Land for$45,000, 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 Report and Capital
Gains Affidavit and the Town Supervisor, 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.
Duly adopted this 1 lffi day of February,2013,by the following vote:
AYES Mr.Metivier,Mr. Strough,Mr. Brewer,Mr. Montesi
NOES None
ABSENT: None