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2008-3592008-359 Resolution Authorizing Settlement of Tax Certiorari - Lawrence Development Realty, 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 8, 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 Vincent F. Bettina Maureen McCarthy Joseph P. Paoloni The following Resolution was introduced by Councilwoman McCarthy and seconded by Councilman Beale. WHEREAS, there is now pending in the Dutchess County Supreme Court tax certiorari proceeding commenced in 2008 by LAWRENCE DEVELOPMENT REALTY, LLC regarding premises located at 1820 Route 376, Poughkeepsie (Town of Wappinger), Grid # 6259-02-530791, seeking a reduction in the 2008 tax assessment for the 2008/2009 tax roll; and WHEREAS, the Town Assessor and Special Counsel have recommended a settlement on this tax review proceeding 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 proceeding for the year 2008, as it pertains to Grid No.: 6259-02-530791. Original Reduction in Final Tax Year Assessment Assessment Assessment 2008 $2,500,000.00 $500,000.00 $2,000,000.00 BE IT FURTHER RESOLVED, that the Town Supervisor, Town Assessor and Gellert & Klein, P.C., 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: CHRISTOPHER COLSEY, SUPERVISOR Voting: AYE WILLIAM H. BEALE, COUNCILMAN Voting: AYE VINCENT F. BETTINA, COUNCILMAN Voting: AYE MAUREEN McCARTHY, COUNCILWOMAN Voting: AYE JOSEPH P. PAOLONI, COUNCILMAN Voting: AYE Dated: Wappingers Falls, New York 12/8/2008 The Resolution is hereby duly declared adopted. ICN-.k� JOHN -C. ASTERSON, TOWN CLERK Tovxrn Hoard Town cif Wappinger .20 Middlebush Road, Wappingers Falls. NY 1-2-590 V - (T'ellert & Klein. P,(,, Aftornevs at Law December 2, 20f)8 Re- 1,4vNTence Development Realty. LLC vs, Town ofNVappingeT Grid -No.: 6249-02-5 ,1r 7 Q I - 0 Our File'N o: 27 036.5429 Dear Sup'-.1visor C,o,.1s-c% and Town Board Members; Please he advised that the above referenced proci.:,cdling is a tax- certiorari matter pending for the 2008 assosstneri.i. roll. The premises involving the abo%,1- rcfori .necd proceeding is ]oca-ted al 1820 Route "76, 1:10,10,Ike epsie. in clic, Town cel''a-ppl-n---r. I have confirmed the tentati'e settlement vith the Assessor and revlexved the proposed Settlement Nr ill' %gard f o this assessment and recommend that it be approved. The matter involved a procceding for the year 200S. While the propert� was assessed at, S2.500.0000.). and calls Jora reduction. in assessm.ent $500-000XIC, to an aL -000.000.00. Since the property is asscssod at I 00�,,f'l greed upon assessment of $2, 1 1 equalization rate the reduced value reflects the ageed upon, market value as well. It is iny recommendati011 3,1nnLTwith the Assessor that the Board favorabiv consider this settlement. The Assessor NviHIne providing YOU refund analysis under separate eo%:ei* I I or Vou deliNtra-lori, as -,v,,51`1 Refunds will payable without interest if paid wil in sNth ( {its 1 days of rcccipt of the final Ordzcr. it I jc,- H'\ ou ha\%: am CILICstions in thk: aiL:amime. rlcw sc do not, hesilate to U)MOCI St. : V Ltic, Lorctt-- Brum:llo. Deput� Assessor Chris Masterson. 'I owil Clerk Very trul,, Nours.