2008-237VAW
2008-237
Resolution Authorizing Refund of Unused Escrow for BRH Realty Subdivision (Account
03-5071)
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 August
11, 2008.
The meeting was called to order by Christopher Colsey, Supervisor, and upon roll being
called, the following were present:
PRESENT: Supervisor
Councilmembers
ABSENT:
Christopher J. Colsey
William H. Beale (arrived at 7:07 PM)
Vincent F. Bettina (departed at 9:32 PM)
Joseph P. Paoloni
Maureen McCarthy
The following Resolution was introduced by Councilman Beale and seconded by
Councilman Paoloni.
WHEREAS, on or about June 13, 2003, Phantom Hollow Equities, Inc. (hereinafter the
"APPLICANT") filed an application for approval of a Realty Subdivision under Application
Number 03-5071 (hereinafter the "APPLICATION"); and
WHEREAS, on or about, May 29, 2003, the APPLICANT deposited Twenty -Two
Thousand Five Hundred Dollars and 00/100 ($22,500.00) into an escrow account with the Town
of Wappinger for payment of the fees of the Town's professionals to review the APPLICATION;
and
WHEREAS, the APPLICANT subsequently deposited an additional Thirteen Thousand
Six Hundred Six Dollars and 25/100 ($13,006.25); and
WHEREAS, the APPLICATION was approved and a Subdivision Plat was signed on
November 19, 2007; and
WHEREAS, all professional fees incurred during the review of the APPLICATION have
been paid and a balance of Three Thousand, One Hundred Eighty -One Dollars and 20/100
($3,181.20) remains in the escrow account and the APPLICANT has requested a refund of said
escrow balance; and
WHEREAS, the Director of Code Enforcement, Planning Board Secretary and the
Escrow Account Clerk have reviewed the application and the escrow account and have
determined that a refund is due to the APPLICANT.
NOW, THEREFORE, BE IT RESOLVED, that a payment in the total amount of Three
Thousand, One Hundred Eighty -One Dollars and 20/100 ($3,181.20) shall be made to Phantom
Hollow Equities, Inc. representing a refund of the remaining escrow balance for the
APPLICATION.
The foregoing was put to a vote which resulted as follows:
NOW, CHRISTOPHER COLSEY, SUPERVISOR
Voting:
AYE
WILLIAM H. BEALE, COUNCILMAN
Voting:
AYE
VINCENT F. BETTINA, COUNCILMAN
Voting:
ABSENT
MAUREEN McCARTHY, COUNCILWOMAN
Voting:
ABSENT
JOSEPH P. PAOLONI, COUNCILMAN
Voting:
AYE
Dated: Wappingers Falls, New York
8/11/2008
The Resolution is hereby duly declared adopted.
J HN C. M STERSON, TOWN CLERK