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2023-722023-72 Resolution Authorizing The Settlement Of Tax Certiorari Proceedings Regarding Krivas Executive Park, LLC 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 May 22, 2023. The meeting was called to order by Richard Thurston, Town Supervisor, and upon roll being called, the following was recorded: ✓ Vote Record - Resolution RES -2023-72 ADOPTED [UNANIMOUS] MOVER: William H. Beale, Councilman SECONDER: Christopher Phillips, Councilman AYES: Thurston, Beale, Bettina, Phillips, Casella Yes/Aye No/Nay Abstain Absent 2 Adopted ❑ Adopted as Amended Richard Thurston Voter Q ❑ ❑ ❑ ❑ Defeated William H. Beale Mover Q ❑ ❑ ❑ ❑ Tabled Angela Bettina Voter Q ❑ ❑ ❑ ❑ Withdrawn Christopher Phillips Seconder Q ❑ ❑ ❑ Al Casella Voter 2 ❑ ❑ ❑ The following Resolution was introduced by Councilman Beale and seconded by Councilman Phillips. WHEREAS, there is now pending in the Dutchess County Supreme Court tax certiorari proceedings commenced in 2021 and 2022 by Krivas Executive Park, LLC, regarding a parcel of real property located at 1207 Route 9 in the Town of Wappinger, Tax Grid # 6157-04-582220, seeking a reduction in the 2021 and 2022 tax assessment for those respective tax rolls; and WHEREAS, the Town Assessor and Special Counsel have recommended a settlement of these tax review proceedings; and WHEREAS, the petitioner has agreed to waive any refund of Town taxes, including Special District taxes, for the aforementioned years as part of a negotiated settlement; 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 proceedings for the years 2021 and 2022, as it pertains to: 1207 Ron e 9, Tax Grid # 6157-04-582220 ASSESSMENT ASSESSMENT REDUCED ASSESSMENT AMOUNT OF ROLL REDUCTION 2021 $2,782,500 $2,500,000 $282,500 2022 $2,921,600 $2,500,000 $421,600 As part of the negotiated settlement, the assessment will be valued at $2,300,000 for 2023, 2024 and 2025. The terms of RPTL §727 shall apply for the 2023, 2024 and 2025 assessment years in all respects; and be it further RESOLVED, that the Town Supervisor, Town Assessor and Craig M. Wallace, Esq., 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 RESULT: ADOPTED [UNANIMOUS] MOVER: William H. Beale, Councilman SECONDER: Christopher Phillips, Councilman AYES: Thurston, Beale, Bettina, Phillips, Casella Dated: Wappingers Falls, New York 5/22/2023 The Resolution is hereby duly declared Adopted. P. PAOLONI, TOWN CLERK