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2024-2132024-213 Resolution Authorizing Settlement of the Tax Certiorari Proceeding of Mycor Holdings 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 December 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 -2024-213 Yes/Aye No/Nay Abstain Absent 2 Adopted ❑ Adopted as Amended Joseph D. Cavaccini Voter Q ❑ ❑ ❑ ❑ Defeated William H. Beale Voter Q ❑ ❑ ❑ ❑ Tabled Angela Bettina Voter Q ❑ ❑ ❑ ❑ Withdrawn Christopher Phillips Seconder Q ❑ ❑ ❑ Al Casella Mover Q ❑ ❑ ❑ The following Resolution was introduced by Casella and seconded by Councilman Phillips.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 of Wappinger is a parry respondent in a certain tax certiorari proceeding entitled Mycor Holdings LLC v. Town of Wappinger Assessor, Town of Wappinger Board of Assessment Review, and the Town of Wappinger, Dutchess County, New York, currently pending in the Supreme Court, State of New York, County of Dutchess, in which the total assessed valuation of certain real property located in the Town of Wappinger, New York and designated as Tax Map No. 135689-6258-03-350303-0000on the official assessment map of the Town of Wappinger for the 2025 Tentative Assessment Roll is being contested; and WHEREAS, the Assessor of the Town of Wappinger and the Petitioner have agreed to settle the proceeding; and WHEREAS, the Petitioner has agreed to waive any and all refunds from the Town and Town Special Districts based on the reduction of the 2025 Assessment; and WHEREAS, the parties agree to reduce the Town's 2024 tentative assessed valuation from $16,206,800 to $15,820,900; and WHEREAS, the assessed valuation of $15,820,900shall also held pursuant to RTL 727 and will not be subject to challenge for three years following this settlement; and WHEREAS, the Town Assessor and Town Counsel have recommended that the Town Board accept the settlement proposal as set forth above. NOW, THEREFORE, BE IT RESOLVED, as follows: 1. The Town Board hereby approves and ratifies the settlement of the above-described proceeding as recommended by the Town Assessor. 2. The Town Board hereby authorizes the Town Supervisor, Hogan, Rossi & Liguori, as Town Attorney, and/or the Town Assessor to execute any and all documents necessary to give effect to this resolution The foregoing was put to a vote which resulted as follows RESULT: ADOPTED [UNANIMOUS] MOVER: Al Casella, Councilman SECONDER: Christopher Phillips, Councilman AYES: Cavaccini, Beale, Bettina, Phillips, Casella Dated: Wappingers Falls, New York 12/9/2024 The Resolution is hereby duly declared Adopted. JOSEPUP. PAOLONI, TOWN CLERK