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2015-79A M STENGER ROBERTS mm DAVIS & DIAMOND LLP 1136 Route 9 Wappingers Falls,New York 12590 (845)298-2000 February 18, 2015 FAX(845)298-2842 www.srddlaw.com Town Board e-mail:info@srddlaw.com Town of Wappinger20 Middlebush Road Wappingers Falls,NY 12590 Attn: Hon. Barbara Gutzler, Supervisor Kenneth M.Stenger Re: Southeast Atlantic Holdings,LLC v. Town of Wappinger Albert P.Roberts Thomas R. Davis Dear Supervisor Gutzler&Town Board Members: Stephen E.Diamond* Please be advised that the above referenced proceeding is a tax certiorari matter for the years 2013 and 2014. This involves a single parcel of improved property located at 1094 Route 9. The property was assessed at Joan F.Garrett- $1,185,000 in 2013 and $1,120,000 for 2014. We have agreed upon a Kevin T.McDermott reduction of$124,000 to $1,061,000 for 2013 and of$71,000 to $1,049,000. The property consists of a trailer park known as Birchwood Mobile Home James P.Horan"* Park. It was the subject of sale on September 19, 2012 for $725,500. That Marina V.O'Neill price was exclusive of the individual units. One of the units was lost to a fire Melissa A.Manna-Williams before the two applicable valuations. With the current equalization rate at 100%this settlement reflects fair market value. Ian C.Lindars A.J. luele Enclosed is a resolution for your consideration authorizing settlement. The Assessor will provide you with his recommendation and refund analysis for Darren H. Fairlie your review and consideration. In addition, the refund will be payable without interest if paid within 60 days after service of the copy of the executed order and demand for refund. I would appreciate your concurrence Sc ott L.Volkman COUNSEL on this matter at the next available Town Board meeting. If you have any Scquestions in the meantime,please do not hesitate to contact me. Karen MacNish Yours very truly, PARALEGALS STEN R,R T IS DIAMOND, LLP Sandra Oakley 4 Dawn M.Paino SCOTT L:VOLKMAN CLOSING COORDINATOR SLV/dap Maria L.Jones Enclosure cc: Christian Harkins, Assessor ALSO ADMITTED IN FL&MA Joseph P. Paoloni, Town Clerk "ALSO ADMITTED IN CT Daniel Petigrow, Esq. ALSO ADMITTED IN NJ O:\Wappinger\Tax Certioraris\Southeast Atlantic Holdings,LL02-2015 letter to Town Board.doc