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2024-1772024-177 Authorizing Execution Of Agreement For Professional Real Estate Appraisal Services For The Purposes 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 September 9, 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 -2024-177 Yes/Aye No/Nay Abstain Absent Q Adopted ❑ Adopted as Amended Joseph D. Cavaccini Voter ❑ Q ❑ ❑ ❑ Defeated William H. Beale Voter 2 ❑ ❑ ❑ ❑ Tabled Angela Bettina Voter Q ❑ ❑ ❑ ❑ Withdrawn Christopher Phillips Seconder, Q ❑ ❑ ❑ Al Casella Mover Q ❑ ❑ ❑ The following Resolution was introduced by Casella and seconded by Councilman Phillips. WHEREAS, the Town Board desires the need for professional consulting services for the purposes of evaluating the benefits of potential public-private partnerships between the Town at Carnwath Farms Historic Site & Park, and WHEREAS, Covington Commercial Realty has been identified by members of the Town Board and determined to be aqua [if ied commercial real estate appraisaIf irm capable of providing such consulting services, and WHEREAS, the Town Board hereby approves Covington Commercial Realty as a qualified commercial real estate consulting services firm and hereby authorizes and directs the Town Supervisor to execute any and all documents associated with this consultation, and NOW, THEREFORE, BE IT RESOLVED: 1. The recitations above set forth are incorporated in this Resolution as if fully set forth and adopted herein. 2. The Town Board hereby agrees to authorize and direct the Town Supervisor and Town Comptroller to execute said agreement and pay Covington Commercial Realty a one-time sum of $1,000.00 for commercial real estate consulting services, which shall be funded out of B -Fund Balance. The foregoing was put to a vote which resulted as follows: RESULT: ADOPTED [4 TO 11 MOVER: Al Casella, Councilman SECONDER: Christopher Phillips, Councilman AYES: William H. Beale, Angela Bettina, Christopher Phillips, Al Casella NAYS: Joseph D. Cavaccini Dated: Wappingers Falls, New York 9/9/2024 The Resolution is hereby duly declared Adopted. COVINGTON COMMERCIAL REALTY August 26`h, 2024 Town of Wappinger 20 Middlebranch Road Wappingers Falls, NY 12590 RE: Carnwath Farms Dear Board Members, 322 Clock Tower Commons Brewster, NY 10509 Phone 845.279.2321 Fax 845.279.8314 It was a pleasure meeting with you Saturday morning to discuss the potential of Carnwath Farms. Based upon our discussions on Saturday morning, I am submitting this proposal to the Town Board to provide you with a review of the tenant's twenty -one-page lease, answer specific questions that Board members have posed and make appropriate recommendations. It is my understanding that the primary objective of the Town is to get a viable tenant into the mansion, who will complete the major renovation required for re -opening the building and generating income for the Town. My fee of $1,000 includes necessary research, review of the lease and creation of a report containing my recommendations. Upon acceptance of the signed agreement, fifty percent is due and payable, with the balance due upon receipt of the report. Sincerely, �t�� -}— K vin Callahan, CCIM Managing Director Joseph D. Cavaccini Town Supervisor Kevin Callahan Managing Director W W W . C 0 V I 'N 'G TONCR.COM