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2008-1622008-162 Resolution Authorizing Settlement of Tax Certiorari - Riverview Land Company 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 9`h, 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 (arrived at 7:52 PM) 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 proceeding commenced in 2004, 2005, 2006 and 2007 by Riverview Land Company, LLC, regarding premises located at 157 River Road North, Grid # 6056-01-174862-00, seeking a reduction in the 2004 through 2007 tax assessment for those 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 approves a settlement on behalf of the Town of Wappinger of the tax review proceeding for the year 2007, as it pertains to Grid No.: 6056-01-174862-00. Original Revised Tax Year Assessment Assessment Reduction 2004 536,000 376,900 159,000 2005 536,000 335,750 200,250 2006 536,000 297,500 238,500 2007 2,600,000 850,000 1,750,000 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 6/9/2008 The Resolution is hereby duly declared adopted. —N C w_' P0 HN C. STERSON, TOWN CLERK