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2005-08206/13/2005.WS 3. The Town Board hereby determines that he enactment of the aforementioned Local Law is a Type II action as defined in 6 NYCRR 617.5 CD(20) and, accordingly, the Town Board hereby expressly determines that this action is not an action that requires review pursuant to the provisions of New York State Environmental Quality Review Act (SEQRA) or pursuant to Local Law No. 6 of 1992 or pursuant to 6 NYCRR Part 617. 4. The Town Board hereby schedules a Public Hearing on the Proposed Adoption of Local Law No. _ of the Year 2005 to be held at Town Hall, 20 Middlebush Road, Wappingers Falls, New York on the 5+h day of July, 2005, at 7:30 p.m., and the Town Clerk is directed to post the Notice of the Public Hearing in the form annexed hereto and to publish same in the Southern Dutchess News and Poughkeepsie Journal as required by law. The foregoing was put to a vote which resulted as follows: Joseph Ruggiero, Supervisor Voting Aye Robert Valdati Councilman Voting Aye Vincent Bettina, Councilman Voting Aye Joseph Paoloni, Councilman Voting Aye Maureen McCarthy, Councilwoman Voting Aye This Resolution is hereby duly declared adopted. RESOLUTION NO. 2005-082 RESOLUTION AUTHORIZING THE SUBSTITUTION OF A NEW PERFORMANCE AGREEMENT SECURED BY LETTER OF CREDIT IN CONNECTION WITH THE BLACKWATCH FARM SUBDIVISION The following Resolution was introduced by Councilman Valdati and seconded by Councilwoman McCarthy. WHEREAS, the Town of Wappinger Planning Board granted final conditional subdivision approval, by Resolution dated May 3, 2004, subject to and conditioned upon completion of the conditions set forth in the aforementioned Resolution and subject to certain improvements being made and constructed as set forth in the aforesaid Subdivision Map and related drawings, all in accordance with the Town of Wappinger Subdivision Regulations, Zoning Code, Highway Specifications, and Rules and Regulation of the Town, and further subject to the requirements set forth in the letter of Paggi, Martin and DelBene, Engineers to the Town, dated March 31, 2004, together with the Schedule of Bond Values; and WHEREAS, the Town Board of the Town of Wappinger has previously accepted a Performance Agreement Secured by A Cash Deposit posted by Robert V. Oswald, Jr., and other parties, in the amount $705,685.00 made by 6 J J 06/13/2005.WS bank checks payable to the Town of Wappinger as security for the obligations set forth in the Performance Agreement executed by Robert V. Oswald, Jr., which checks have been delivered to and deposited by the Town of Wappinger Comptroller; and WHEREAS, Robert V. Oswald, Jr. has transferred all of his right, title and interest into the aforementioned subdivision known as the Blackwatch Farm Subdivision to Blackwatch Development LLC; and WHEREAS, Blackwatch Development LLC proposes to substitute the Performance Agreement and security posted by Robert V. Oswald, Jr. with a new Performance Agreement Executed by Blackwatch Development LLC, and personally guaranteed by John O'Donnell, individually, and James Cherico, individually, secured by a Letter of Credit issued by M&T Bank bearing Letter of Credit No. SB -907772-2000; and WHEREAS, the form of the Letter of Credit has been approved by Albert P. Roberts, Attorney to the Town, subject to one correction which Blackwatch Development LLC has agreed to secure. NOW, THEREFORE, BE IT RESOLVED, as follows: 1. The recitations above set forth are incorporated in this Resolution as if fully set forth and adopted herein 2. The Town Board of the Town of Wappinger hereby authorizes the Lsubstitution of a Performance Agreement executed by Blackwatch Development LLC and personally guaranteed by John O'Donnell, individually and James Cherico individually, secured by a Letter of Credit to be issued by M&T Bank in the amount of $705,685.00 as replacement for the Performance Agreement and Cash Deposit previously posted by Robert V. Oswald, Jr. in connection with the Blackwatch Farm Subdivision, subject to the Letter of Credit being amended to include the following phrase: "This Letter of Credit is issued to guarantee the obligations set forth in a "Substitute Performance Agreement Secured by Letter of Credit" executed by Blackwatch Development LLC simultaneously herewith." 3. Upon adoption of this Resolution and upon receipt of the Amended Letter of Credit as above identified, the Town Supervisor is hereby Lauthorized to release the cash deposit in the sum of $705,685.00 to Robert V. Oswald, Jr. The foregoing was put to a vote which resulted as follows: Joseph Ruggiero, Supervisor Voting Aye Robert Valdati Councilman Voting Aye Vincent Bettina, Councilman Voting Aye 7 06/13/2005.WS Joseph Paoloni, Councilman Voting Aye Maureen McCarthy, Councilwoman Voting Aye This Resolution is hereby duly declared adopted. RESOLUTION NO. 2005-088 RESOLUTION AUTHORIZING WAIVER OF 30 DAY NOTIFICATION REQUIRED BY THE NEW YORK STATE LIQUOR AUTHORITY The following Resolution was introduced by Councilman McCarthy and seconded by Councilman Bettina. WHEREAS, GAB Food Services Incorporated d/b/a Lilliana's Italian Restaurant has purchased the restaurant know as the Woronock House located at 1639 Route 376, Wappingers Falls, New York; and WHEREAS, GAB has applied for a liquor license; and WHEREAS, GAB has requested that the Town waive the 30 -day notification required by the New York State Liquor Authority in an effort to expedite the granting of a liquor license to GAB; and WHEREAS, Joseph Ruggiero authorized the Town Clerk to notify the New York State Liquor Authority that he Town has waived the 30 —day notification period before the license is issued to GAB. NOW, THEREFORE, BE IT RESOLVED, as follows: 1. The recitations above set forth are incorporated in this Resolution as if fully set forth and adopted herein. 2. The Town Board hereby confirms and ratifies the action taken by Supervisor Joseph Ruggiero and Deputy Town Clerk Florence Hannon notifying the New York State Liquor Authority that the Town waives the 30 -day notification period before a liquor license is issued to GAB Food Services. The foregoing was put to a vote which resulted as follows: Joseph Ruggiero, Supervisor Voting Aye Robert Valdati Councilman Voting Aye Vincent Bettina, Councilman Voting Aye Joseph Paoloni, Councilman Voting Aye Maureen McCarthy, Councilwoman Voting Aye This Resolution is hereby duly declared adopted. RESOLUTION NO. 2005-084 RESOLUTION AUTHORIZING BUDGET AMENDMENTS The following Resolution was introduced by Councilwoman McCarthy and seconded by Councilman Valdati. Whereas, the Comptroller to the Town of Wappinger, Gerald A. Terwilliger, has recommended certain budget transfers hereby amending the Town 8