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R&B Properties, Inc. Caltagirone & Coleman AlTORNEYS"AT"LAW FIRM WEBSITE: WWW.SCCLAW.COM ~~. -~ 3 CANNON STREET POUGHKEEPSIE, NY 12601 PAUL CALTAGIRONE, ESQ. CHRISTOPHER S. COLEMAN, ESQ. LISA COLEMAN, Office Administrator JEANNINE ELLINGSEN, Secretary TELEPHONE: (845) 454-2569 FACSllMITLE: (845)454-8417 DIRECT EMAll.: cc(aisCCLA W .COM (ELECTRONIC SER VICE NOT A UTHORlZED) November 24, 2008 Scott L. Volkman, Esq. Gellert & Klein 75 Twashington Street Poughkeepsie, NY 12589 Pamela Barrack, Commissioner of Finance County of Dutchess Finance Department 22 Market Street Poughkeepsie, NY 12601 Chris Masterson, Town Clerk The Town of Wappinger Town Hall 20 Middlebush Road Wappinger Falls, NY 12590 F>;"':('EIVED ' '." ,. "".1 ::: 2008 TOWN CLERK Richard A. Powell, Superintendent of Schools Wappinger Central School District 167 Myers Comers Road - Suite 200 Wappinger Falls, NY 12590 Christian Harkins, Assessor To\vn Hall 20 Middlebush Road Wappinger Falls, NY 12590 Re: In the Matter of R&B Properties, Inc. v. Christian Harkins. As Assessor of The Town of Wappinfer. and Town of Wappinfer Dear Mr. Volkman, Ms. Barrack, Mr. Masterson, Mr. Powell & Mr. Harkins: Enclosed for service upon you please find an Order of Settlement with Notice of Entry III connection with the above referenced matter. Should you have any questions please do not hesitate to contact me, I remain r,\e~ ~) Tic. - IIJO eClpU') 'Sf ,ff OV"r A~ {)Qf.... L(}.l.J1.~""t '((rvM!lo Page 2 of2 November 24,2008 Re: In the Matter of R&B Properties, Inc. v. Christian Harkins, As Assessor of The Town of Wappinger, and Town of Wappinger By: PClje Enclosure cc: Client Very truly yours, Caltagirone & COI'":tl. _ ~- CHRISTOPHER S. COLEMAN, ESQ. At a Special Term of the Supreme Court, State of the New York, County of Dutchess , held on 624c)#~ .~ , 2008 at 140 Gland Sl.J.c:c:t, White Plains, New York. PRESENT: RON. JOHN LACAVA, J.S.C. RECEIVED NOV 2 ~ 2008 TOWN CLERK Index No.: 2007-5432 In the Matter of the Application of R & B PROPERTIES, INC., Petitioner(s), - against - ORDER OF SETTLEMENT CHRISTIAN HARKINS, AS ASSESSOR OF THE TOWN OF WAPPINGER, and THE TOWN OF WAPPINGER, Respondent(s). On the Notices and Petitions and all other papers and proceedings had herein, and on. the annexed Stipulation of Settlement, and now upon motion of CALTAGIRONE & COLEMAN (by Christopher S. Coleman, Esq.) Counsel for Petitioner, and GELLERT & KLEIN (by Scott Volkman, Esq.), Special Counsel for Respondents; it is hereby ORDERED, ADJUDGED AND DECREED, that the Petitioner's assessment be hereby adjusted, corrected and reduced as follows: . , Parcel Grid Identification No.: 1356896057-04-963316-0000 Assessment Year Original Assessment Reduction New Assessment 2007/2008 $600,000.00 $300,000.00 $300,000.00 ; and it is further ORDERED AND DIRECTED, that the officer or officers having the Page 1 of3 custody of the assessment rolls upon which the above-captioned assessment and taxes are levied thereon shall forthwith correct the said entries in conformity with this Order; and it is further ORDERED AND DmECTED, that there shall be audited, allowed and paid by the Town of Wappinger or by the Commissioner of Finance of Dutchess County, and that the Town of Wappinger or the Commissioner of Finance of Dutchess County shall make and pay to Petitioner's attorney the amounts, if any, paid by said Petitioner, its agents or representatives as t.axes against the said erroneous assessment in excess of what the taxes should have been if the said assessment had been as determined by this Order, fly?y (6<2>) without interest if paid within tHirty (30) days after service of this Order with notice of entry, otherwise at the statutory rate; and it is further ORDERED AND DIRECTED, that there shall be audited, allowed and paid by the Wappinger Central School District and that the Finance Officer or other appropriate officer of said school district shall make and pay to Petitioner's attorney the amounts, if any, paid by the said Petitioner, its agents or representatives as taxes against said erroneous assessment in excess of what the taxes should have been if said assessment had been as directed by this Order, without interest if paid within t:tr6t;) e after service of this Order with notice of entry, otherwise at the statutory rate; and it is further ORDERED AND DIRECTED, that in the event that taxes are unpaid and have already been billed, the officer or officers having custody of the assessment rolls shall forthwith forward to Petitioner a new bill or assessment or bills, taxing said Petitioner on the basis of the final total assessed valuation stipulated to herein, without penalty; and it is further Page 2 of 3 . ,.~ ORDERED, that these proceedings are discontinued with prejudice and without costs or disbursements against either party, and that an Order to said effect (including this Order) may be entered by any party without notice. Dated: ILj ,-:i 0 ,- ,2008 E N T E R: / /.:~,;;;;::/~) <..:"'"C~~,,,",<Y,,~/ ~ ..' .--::.. . .>.;t.. .. ,~..-~--, /,;:'X~i/'1::..., ,~ - HON~ JOHN LACAVA, J.S.c. 81' .~",,,,,,,,,,,,,,",,,,,,,,,,. - ,ATE OF NEW '(('<;;" ,C'"._..~~...!~ -. .~... "_ , I gln"'F{U?F1 ''':''''H\i'''''~ :~JUN" Of DUTCHESS)SS - .. ::::..,.~"'~ ,.",; ......,'" ,:..,,~ ,..l ....tH;;:ryClERI(ANDC ~, ___, n .. ./U I .1 ..: " :, ~'Ii 'NTv r1') >1' I, :. v r:1''''''I''''( TUAT l EhK Or I HE ;-,CPREME I;ND OUNTY COUR-r ~ '--r--". f. - ,_ '-' I ... '\, r> h; ., .... '. .. ':'" :.:1' I":' '. ) I. \ ':,['l'r),',['f.:::; IN" 'i" ')~ f",~~lnOJNt CO^o~ ,o,i':ED n'l1s COP) \'1iT:1 T, 'F OR"'r"AS, . ,1 .. i' L' .. ",. ..' " _1 ....'" I , - I Z. '2 ~. \"".. ",:.,. J :.':,' >' ','':' ,(,,,Rr.'Cr rFI.ANSCRIPT T t:: .:r-" ~ -00 Q I".n ~')l':\ t:h,f:0F, IMVEH",RElINToi~~~1;;t.Nf~; -~32 :~l(ED MY OFFle/p,L SEAL (1) J 7.~ 7' COIJNiV CLERf~,~ CLERK OF THE SUPREME ~OUNTY CO~URTS OU .... ~ , - ......_._-....;....-_.._~_ . , T~HES'CO'L;NT:Y . ',;, ~ ~ \ ( , ......". " , ...1 1 ..,,-.. ',(" Ij "1 '~'. ,h. "~" .:~ ,..... ' . .. ',f" . " Page 3 of3