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2009-3652009-365 Resolution Authorizing Refund of Unused Escrow for the Preserve Subdivision (Account 04-3085/5089) 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 November 23, 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 Councilman Beale and seconded by Councilman Bettina. WHEREAS, on or about March 29, 2004, Nature Preserve, LLC (hereinafter the "Applicant") filed an application for Subdivision Approval under Application Number 04- 3085/5089; and WHEREAS, on or about April 14, 2004, the Applicant deposited Fifty -Two Thousand, Five Hundred Dollars and 00/100 ($52,500.00) 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, additional deposits in the amount of Seven Thousand, Five Hundred Seventy -One Dollars and 05/100 ($7,571.05), Eleven Thousand, Six Hundred Sixty -One Dollars and 50/100 ($11,661.50) and Ten Thousand, Nine Hundred Ninety -Three Dollars and 80/100 ($10,993.80) were made on October 14, 2004, August 17, 2005, and June 5, 2007, respectively; and WHEREAS, the application was approved and the Resolution of Approval was signed by the Planning Board Chairman on October 6, 2008; and WHEREAS, all professional fees incurred during the review of the application have been paid and a balance of Thirty -Two Thousand, Seven Hundred Sixty -Four Dollars and 45/100 ($32,764.45) remains in escrow account number 04-3085/5089 and Applicant has requested a refund of said unused escrow balances; and WHEREAS, the Town Accountant has audited the escrow account and has verified the amount due to the Applicant. NOW, THEREFORE, BE IT RESOLVED: 1. The recitations above set forth are incorporated in this Resolution as if fully set forth and adopted herein. 2. The Town Board hereby authorizes a refund to the Applicant in the amount of Thirty Two Thousand, Seven Hundred Sixty -Four Dollars and 45/100 ($32,764.45) from escrow account number 04-3085/5089, representing the unused escrow balance for the above project. 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 11/23/2009 The Resolution is hereby duly declared adopted. J HN C'MASTERSON, TOWN CLERK