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2014-1042014-104 Resolution Accepting Undertaking Secured By A Cash Deposit In Connection With The Prestige Mini Site At a regular meeting of the Town Board of the Town of Wappinger, Dutchess County, New York, held at Town Hall, 20 Middlebush Road, Wappingers Falls, New York, on March 24, 2014. The meeting was called to order by Barbara Gutzler, Supervisor, and upon roll being called, the following were present: PRESENT: Supervisor - Barbara Gutzler Councilmembers - William H. Beale Vincent F. Bettina(Arrived at 7:37PM) Ismay Czarniecki Michael Kuzmicz The following Resolution was introduced by Councilman Beale and seconded by Councilman Bettina. WHEREAS, Pepper White Partners, LLC, a Limited Liability Corporation, with an address at c/o Prestige BMW, 985 Route 17 South, Ramsey, NJ 07446, hereinafter referred to as the "Owner", has made application to the Town of Wappinger Planning Board for Special Permit and Site Plan Approval for the construction of a 18,750 square foot Motor Vehicle Sales Establishment on certain lands located on 1162 Route 9 in the Town of Wappinger, designated as Tax Parcel 6157-04-674155 on the tax map of the Town of Wappinger (the "Property"); and WHEREAS, on November 4, 2013, the Planning Board of the Town of Wappinger adopted a Negative Determination of Significance pursuant to SEQRA indicating that the project would have no adverse environmental impact and authorized the issuance of a Negative Declaration; and WHEREAS, during the SEQRA review process the Owner provided evidence that there would be no significant adverse impacts on rare, threatened or endangered species; and WHEREAS, on November 18, 2013, the Planning Board issued a Resolution granting Special Permit and Site Plan Approval, conditioned upon certain conditions prior to signing of the Site Plan; and WHEREAS, on March 17, 2014, the Owner of the Property made a request to allow the cutting of trees on the Property prior to the signing of the approved Site Plan since the US Army Corps of Engineers and the NYS DEC regulations require that the cutting of trees may only take place between October 1 and March 31 to minimize the possibility of disturbing the migration of Indiana Bats; and WHEREAS, the Planning Board adopted a Resolution on March 17, 2014 granting the Owner's request to cut the trees in the area of site plan disturbance on the express condition that the Owner agreed to replant trees in the event that the Site Plan application is withdrawn by the Owner, or the drawings are not submitted for signature based on fulfillment of the conditions of Site Plan Approval, said agreement was to be secured by a Bond, Letter of Credit or Cash Deposit in an amount to be fixed by the Engineer to the Town, specifically in the sum of $4,640.00; and WHEREAS, the Owner has delivered to the Town an Undertaking secured by a Cashier's Check issued by TD Bank bearing No. 52009617-3 in the amount of $4,640.00 paid to the order of the Town of Wappinger as security for the faithful performance of the obligations set forth in the Undertaking; and WHEREAS, the terms of the Undertaking authorized the Town of Wappinger to draw against the aforementioned cash security posted in the event the Owner does not restore the project site in accordance with the terms and conditions set forth in the Planning Board Resolution of November 18, 2013. 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 determines that the Undertaking executed by Pepper White Partners, LLC and secured by a Cashier's Check in the sum of $4,640.00, is acceptable and sufficient as a guarantee to secure the obligation to restore the project site in the event the Owner does not fulfill the obligations to replant trees in the event Site Plan Approval is not granted all as set forth in the Planning Board Resolution of November 18, 2013. 3. The Town Board hereby accepts the Undertaking dated March 14, 2014, executed by Pepper White Partners, LLC, a Limited Liability Corporation, having an address at c/o Prestige BMW, 985 Route 17 South, Ramsey, NJ 07446, secured by a Cash Deposit in the total sum of $4,640.00 in the form of a Cashier's Check issued by TD Bank bearing No. 52009617-3 made payable to the Town of Wappinger as security for the faithful performance for the completion of the obligations set forth in the Undertaking and in accordance with the Planning Board Resolution of November 18, 2013. 4. The Town Supervisor is directed to deposit the aforementioned Cashier's Check in a bank account maintained by the Town, to be held in escrow, pending compliance with the terms of the Undertaking. The foregoing was put to a vote which resulted as follows: BARBARA GUTZLER, SUPERVISOR Voting: WILLIAM H. BEALE, COUNCILMAN Voting: VINCENT F. BETTINA, COUNCILMAN Voting: ISMAY CZARNIECKI, COUNCILWOMAN Voting: MICHAEL KUZMICZ, COUNCILMAN Voting: Dated: Wappingers Falls, New York 3/24/2014 The Resolution is AYE AYE AYE AYE AYE duly declared adopted. JOSEPH P. PAOLONI, TOWN CLERK