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2024-952024-95 Resolution Amending Purchase Amount To Purchase Real Property Adjacent To Reese Park 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 11, 2024. The meeting was called to order by Joseph D. Cavaccini, Town Supervisor, and upon roll being called, the following was recorded: ✓ Vote Record - Resolution RES -2024-95 Yes/Aye No/Nay Abstain Absent Q Adopted ❑ Adopted as Amended Joseph D. Cavaccini Voter Q ❑ ❑ ❑ ❑ Defeated William H. Beale Mover Q ❑ ❑ ❑ ❑ Tabled Angela Bettina Voter ❑ ❑ ❑ Q ❑ Withdrawn Christopher Phillips Seconder, Q ❑ ❑ ❑ Al Casella Voter 2 ❑ ❑ ❑ The following Resolution was introduced by Councilman Beale and seconded by Councilman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, Resolution 2023-135 authorized $150,000.00 to purchase the property located at 2513 Route 9D contains 1.6 acres and abuts Reese Parka nd would provide additional access from Route 9D into the park, and WHEREAS, the owner of the property wishes to sell the property to the Town and a contract of sale has been presented to the Town Board for its approval with a purchase price of $150,000 as well as the costs of the property line survey and the seller's fees incurred through this process, and WHEREAS, the Town Board is considering using unallocated B Fund balance to purchase the property so that it may be used for park purposes and not developed in the future, and WHEREAS, the Attorney to the Town has reviewed the form of the contract and all documents related to the purchase of the property, and WHEREAS, the seller has asked the Town to consider covering their legal fees, and NOW THEREFORE BE IT RESOLVED, that the Town Board authorizes an additional $2,775.00 toward the purchase of the property located at 2513 Route 9D. The foregoing was put to a vote which resulted as follows: RESULT: ADOPTED [UNANIMOUS] MOVER: William H. Beale, Councilman SECONDER: Christopher Phillips, Councilman AYES: Joseph D. Cavaccini, William H. Beale, Christopher Phillips, Al Casella ABSENT: Angela Bettina Dated: Wappingers Falls, New York 3/11/2024 The Resolution is hereby duly declared Adopted. JOSEPH P. PAOLONI, TOWN CLERK PRELIMINARY CLOSING STATEMENT Transaction: Town of Wappinger, as "Purchaser" from Estate of Hugo Von Burg, as "Seller" Premises: 2513 Route 9D, Wappingers Falls, New York 12590 Tax Map Designation: Section 6157 Block 01 Lot 238924 Section 6157 Block 05 Lot 243929 Closing: March 12, 2024, at 11:00 a.m. at the Law Offices of Gil & Cantor, Attorney for Seller, 62 East Main Street, Wappingers Falls, New York 12590, Tel: (845) 297-7777 Title Company Parties to Closing: Queen City Abstract Corp., 35 LaGrange Avenue, Poughkeepsie, New York 12603, Tel: (845) 452-2740, Fax: (845) 452-2747, Title No. QC10947 T/O Wappinger Michael T. Liguori, Esq Brenda L. Von Burg Hugo R. Von Burg, Jr. Catherine M. Friedman Sara E. Von Burg, f/k/a Sara E. Jedlicka Susan R. Brought Omer Gil, Esq. Katie Diedrich - Purchaser - Attorney for Purchaser - Heir of Seller - Heir of Seller - Heir of Seller - Heir of Seller - Heir of Seller - Attorney for Seller - Title Closer Adjustments as of March 12, 2024, as agreed upon with Seller's Attorney 1. Credits due Seller Purchase Price $ 150,000.00 2024 Town & County Tax (Lot 238924) 1,619.55 $2,003.87/365 = $5.49 per day 03/12/24 —12/31/24 = 295 days 2024 Town & County Tax (Lot 243929) 2.95 $3.18/365 = $.01 per day 03/12/24 —12/31/24 = 295 days 2023/2024 School Taxes (Lot 238924) 1,345.32 $4,435.42/365 = $12.12 per day 03/12/24 — 06/30/24 = 111 days 2023/2024 School Taxes (Lot 243929) 4.44 $14.93/365 = $0.04 per day 03/12/24 — 06/30/24 = 111 days 2023/2024 Village Tax $8.03/365 = $0.02 per day 03/12/24 — 05/31/24 = 81 days 2. Credits due Purchaser Downpayment 3. Amount due Seller Credits due Seller Credits due Purchaser 4. Pavment of Balance due Seller $ 1.62 Total: $ 152,973.88 Total: $ 0.00 $ 152,973.88 0.00 Total: $ 152,973.88 TBD Total: $ 152,973.88 5. Purchaser's Disbursements due at Closing Check payable to Queen City Abstract Corp. for Purchaser's title $ 1,177.38 charges Check payable to Katie Diedrich for title closer attendance fee 250.00 Check payable to Geologic Land Surveying, PLLC for survey invoice 2,350.00 Check payable to Hogan, Rossi & Liguori for legal fees & disbursements 775.00 Check payable to Queens City Abstract for NYS transfer tax 600.00 Check payable Gil & Cantor, P.C., for Seller's legal fees 2,175.00 w/rev Total: $7,327.38 6. Breakdown of Funds Owed at Closinz Total Amount due Seller $152,973.88 Total Disbursements due at Closing + 7,327.38 Total Amount due at Closing $160,301.26