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449.2013 Land conveyStonehurst RESOLUTION AUTHORIZING CONVEYANCE OF TOWN REAL PROPERTY RESOLUTION NO.: 449,2013 INTRODUCED BY: Mr. Brian Clements WHO MOVED FOR ITS ADOPTION SECONDED BY: Mr.Anthony Metivier WHEREAS, the Town of Queensbury owns an approximately .25 acre parcel of land located off of Stonehurst Drive in the Town of Queensbury, which is a portion of the property conveyed to the Town by Maine Enterprises, Inc. by Deed dated February 27, 1996 and recorded in the Warren County Clerk's Office on March 14, 1996 in Book 973 of Deeds at Page 68 and which is described more fully at Schedule A attached hereto (the "Sale Parcel"), and WHEREAS, since the Sale Parcel was conveyed to the Town to date, it has remained vacant, unimproved and wooded and has never been opened or used for public purposes; and WHEREAS, the Town Board wishes to sell the Sale Parcel as authorized by New York State Town Law §64(2), and WHEREAS, based upon the opinion of the Town Assessor, the fair market value of the Sale Parcel is $1,400, and WHEREAS, the Town Board has received an offer from Greenwood Builders, LLC to purchase the Sale Parcel for a purchase price of$1,400 (the "Sale Price"), NOW, THEREFORE, BE IT RESOLVED, that the Town Board hereby determines that the Sale Parcel is not needed for Town purposes, and BE IT FURTHER, RESOLVED, that the Sale Price constitutes fair, adequate and reasonable consideration for the Sale Parcel, and BE IT FURTHER, RESOLVED, that the Town Board hereby authorizes the sale and conveyance of the Sale Parcel to Greenwood Builders, LLC for the Sale Price in accordance with Town Law Section 64(2), and BE IT FURTHER, RESOLVED, that the Town Board further authorizes and directs the Town Supervisor to execute and deliver instruments and documents necessary and take any other actions he deems necessary or reasonable to effectuate the sale, and BE IT FURTHER, RESOLVED, that this Resolution is adopted subject to permissive referendum in accordance with Town Law Article 7 and shall not take effect until such time as provided therein and the Town Board authorizes and directs the Town Clerk to post and publish the notice required for Resolutions subject to permissive referendum and take such other actions as may be required by law. Duly adopted this 18t`day of November, 2013, by the following vote: AYES Mr. Strough, Mr. Brewer, Mr. Montesi, Mr. Metivier, Mr. Clements NOES None ABSENT: None