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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