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2009-2682009-268 Resolution Authorizing Settlement of Tax Certiorari - HSBC 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 10, 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 Councilman Bettina. WHEREAS, there is now pending in the Dutchess County Supreme Court tax certiorari proceedings commenced in 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008 and 2009 by HSBC BANK USA, NATIONAL ASSOCIATION, regarding premises located at, 1555 Route 9, Wappingers Falls, New York, seeking a reduction in the 2001 through 2009 tax assessment for the respective tax roll; and WHEREAS, the Town Assessor and Special Counsel recommend a settlement on this tax review proceeding NOW, THEREFORE, BE IT RESOLVED, that the Town Board of the Town of Wappinger hereby does not approve a reduction to the assessment on behalf of the Town of Wappinger of the tax review proceeding for the years 2001 through 2009, as it pertains to Grid #'s 6158-19-532136-0001, 6158-19-532136-0000, 6158-1952150-0001 and 6158-19-527150- 0000, as follows: Grid No.: 6158-19-532136-0001 Original Tax Year Assessment 2001 420,000 2002 420,000 2003 420,000 2004 420,000 2005 420,000 2006 420,000 2007 1,200,000 Revised Assessment Reduction 420,000 0 420,000 0 420,000 0 420,000 0 420,000 0 420,000 0 1,200,000 0 Grid No.: 6158-19-532136-0000 Original Revised Tax Year Assessment Assessment Reduction 2007 300,000 300,000 0 Grid No.: 6158-19-527150-0001 Original Revised Tax Year Assessment Assessment Reduction 2008 1,200,000 1,200,000 0 2009 1,200,000 1,200,000 0 Grid No.: 6158-19-527150-0000 Original Revised Tax Year Assessment Assessment Reduction 2008 2,850,000 2,850,000 0 2009 2,850,000 2,850,000 0 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 8/10/2009 The Resolution is hereby duly declared adopted. J C. M STERSON, TOWN CLERK