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2008-1702008-170 Resolution Authorizing Settlement of Tax Certiorari - Maric 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 June 91h 2008. The meeting was called to order by Christopher Colsey, Supervisor, and upon roll being called, the following were present: PRESENT: Supervisor Councilmembers ABSENT: Christopher J. Colsey William H. Beale Vincent F. Bettina Maureen McCarthy (arrived at 7:52 PM) Joseph P. Paoloni The following Resolution was introduced by Councilman Bettina and seconded by Councilwoman McCarthy. WHEREAS, there is now pending in the Dutchess County Supreme Court tax certiorari proceeding commenced in 2002, 2003, 2004, 2005, 2006 and 2007 by Maric, LLC, regarding premises located at 1429 Route 9 and 1445 Route 9, Grid #'s 6157-02-607815-00 and 6157-02- 607850-00, seeking a reduction in the 2002 through 2007 tax assessment for those respective tax rolls; and WHEREAS, the Town Assessor and Special Counsel recommend a settlement on this tax review proceeding NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Wappinger hereby approves a settlement on behalf of the Town of Wappinger of the tax review proceeding for the years 2002 through 2007, as it pertains to Grid #'s 6157-02-607815-00 and 6157-02-607850-00 as follows: 6157-02-607815-00 Original Revised Tax Year Assessment Assessment Reduction 2002 918,000 918,000 -0- 2003 918,000 918,000 -0- 2004 918,000 842,460 75,540 2005 918,000 780,125 137,875 2006 918,000 752,500 165,500 2007 3,800,000 2,250,000 1,550,000 6157-02-607850-00 BE IT FURTHER RESOLVED, that the Town Supervisor, Town Assessor and Gellert & Klein, P.C. Special Counsel to the Town of Wappinger are hereby authorized to take all action necessary and appropriate to effectuate the terms of this resolution. The foregoing was put to a vote which resulted as follows: CHRISTOPHER COLSEY, SUPERVISOR Voting: AYE WILLIAM H. BEALE, COUNCILMAN Voting: AYE VINCENT F. BETTINA, COUNCILMAN Voting: AYE MAUREEN McCARTHY, COUNCILWOMAN Voting: AYE JOSEPH P. PAOLONI, COUNCILMAN Voting: AYE Dated: Wappingers Falls, New York 6/9/2008 The Resolution is hereby duly declared adopted. C. MA ERSON, TOWN CLERK Original Revised Tax Year Assessment Assessment Reduction 2002 750,000 750,000 -0- 2003 750,000 750,000 -0- 2004 750,000 687,270 62,730 2005 750,000 641,875 108,125 2006 750,000 621,250 128,750 2007 2,400,000 1,850,000 550,000 BE IT FURTHER RESOLVED, that the Town Supervisor, Town Assessor and Gellert & Klein, P.C. Special Counsel to the Town of Wappinger are hereby authorized to take all action necessary and appropriate to effectuate the terms of this resolution. The foregoing was put to a vote which resulted as follows: CHRISTOPHER COLSEY, SUPERVISOR Voting: AYE WILLIAM H. BEALE, COUNCILMAN Voting: AYE VINCENT F. BETTINA, COUNCILMAN Voting: AYE MAUREEN McCARTHY, COUNCILWOMAN Voting: AYE JOSEPH P. PAOLONI, COUNCILMAN Voting: AYE Dated: Wappingers Falls, New York 6/9/2008 The Resolution is hereby duly declared adopted. C. MA ERSON, TOWN CLERK