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2009-2072009-207 Resolution Rescinding Resolution No. 2009-183 Drawing on the Letter of Credit Posted in Connection with the Blackwatch Farms Subdivision 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 June 8, 2009. 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 Supervisor Colsey. WHEREAS, on May 11, 2009, the Town Board adopted Resolution No. 2009-183, entitled: "Resolution Drawing on the Letter of Credit Posted in Connection with the Blackwatch Farms Subdivision"; and WHEREAS, Resolution No. 2009-183 authorized Supervisor Christopher J. Colsey to draw on the Letter of Credit posted in connection with the Blackwatch Farms Subdivision, in order to pay for all unpaid real estate taxes and related expenses due on the lands offered for dedication to the Town; and WHEREAS, on May 13, 2009, Blackwatch Development, LLC paid to the Dutchess County Commissioner of Finance a total payment of Six Thousand, Nine Hundred Nineteen Dollars and 55/100 ($6,919.55), which represents all the back taxes due and owing, including penalties on the lands offered for dedication to the Town, a copy of the tax receipt is affixed hereto and made part hereof; and WHEREAS, since all unpaid real estate taxes and related expenses have been paid, there is no longer a need to draw on the Letter of Credit. NOW, THEREFORE, BE IT RESOLVED, as follows: 1. The recitations above set forth are incorporated in this Resolution as if fully set forth and adopted herein. 2. The Town Board hereby rescinds Resolution No. 2009-183 in its entirety. 3. Supervisor Christopher J. Colsey is authorized to take all necessary actions to effectuate the provisions 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 6/8/2009 The Resolution is hereby duly declared adopted. 01, (!- i � � HN C. MASTERSON, TOWN CLERK