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Carnwath-Contract Of SaleRESOLUTION TOWN OF WAPPINGER TOWN BOARD RE: AUTHORIZATION TO EXECUTE CONTRACT OF SALE BETWEEN GREYSTONE PROGRAMS, INC. AND THE TOWN OF WAPPINGER 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 the 14th day of February, 2000 at 7:30 p.m. The meeting was called to order by Constance O. Smith, Supervisor, and upon roil being called, the following were: PRESENT: Supervisor Councilpersons ABSENT: - Constance O. Smith Robert L. Valdati Joseph Ruggiero Vincent Bettina Joseph P. Paoloni The following resolution was moved by Councilperson Robert L. Valdati and seconded by Councilperson Joseph P. Paoloni. WHEREAS, the Town of Wappinger abuts the Hudson River; and WHEREAS, the Town Board desires to acquire additional property to be used for conservation, recreational activities and other governmental functions, such as [Amended 2/14/001 11VERG I LIS21SYS\COMMONIWAP PI NGEIRESOLUTIGREYSTN 1.DOC storage of Town Governmental Documents, storage of Town equipment and placement of administrative offices; and WHEREAS, Greystone Programs, Inc. presently owns a large parcel of property containing approximately 95 plus or minus acres within the Town, with Hudson River frontage on Wheeler Hill Road (hereinafter referred to as the "Greystone Property"), which property is more particularly described in the proposed Contract of Sale attached hereto as "Exhibit A"; and WHEREAS, the Greystone Property was formerly a seminary and contains several buildings, including a multi -person residential structure, a former chapel, remnants of a nineteenth century mansion, barns and other buildings used for administrative and grounds keeping purposes; and WHEREAS, the Town Board has determined, after extensive investigation, that the Greystone Property can be effectively utilized and renovated to accommodate the recreational and governmental needs of the Town of Wappinger; and WHEREAS, the Greystone Property is the last remaining large parcel of land in the Town with Hudson River frontage which could be used for recreational and governmental purposes; and WHEREAS, the parties have agreed upon a purchase price of two million dollars ($2,000,000); and WHEREAS, Greystone Programs, Inc. expressly acknowledges that any Resolution authorizing the purchase of this property is subject to a Permissive Referendum and is further subject to the Town's compliance with various state laws [Amended 2114100 1NERGILIS2ISYSICOMMONIWAPPINGEIRESOLUTIGREYSTN 1.DOC applicable to the purchase of real property by a Town, including, but not limited to the following: 1. Compliance with the State Environmental Quality Review Act (hereinafter "SEQRA"), specifically, a determination by the Town Board that the acquisition of this property will not have an adverse impact on the environment and the Town Board's adoption of a Negative Declaration of Significance; 2. A satisfactory environmental audit to be completed and made part of the SEQRA review; and I The publication of the Resolution authorizing the purchase of the property with notice that the authorization is subject to a Permissive Referendum and the expiration of the time period within which the residents of the Town can submit a petition calling for a referendum on the purchase; and 4. The adoption of a Bond Resolution authorizing the borrowing of necessary funds to acquire the premises and related acquisition costs, the publication of the Bond Resolution and the expiration of the Estoppel period thereon; and WHEREAS, the Town is desirous of acquiring this property for its recreational and governmental needs and concomitantly preserving the historic character of the property, its panoramic vistas and the Town's historical and geographic association with the Hudson River; and WHEREAS, the Town Board is desirous of contracting for the sale of the Greystone Property in accordance with the terms stated in the proposed Contract of Sale attached as "Exhibit A"; and [Amended 2114/00 %%VERGILlS21SYS%COMMON%WAPPINGE%RESOLUT%GREYSTN1. DOC WHEREAS, the Town Board has determined that the proposed action, that is the purchase of the Greystone Property, is an Unlisted Action pursuant to Article 8 of the Environmental Conservation Law, and Title 6, Part 617 NYCRR (commonly known as "SEQRA°), and pursuant to Chapter 117 of the Town of Wappinger code; and WHEREAS, the Town Board has determined that this action is an action for which there are no other involved agencies and that the Town Board hereby determines that it is the Lead Agency for this action. 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 of the Town of Wappinger hereby declares that it is in the public interest to execute the Contract of Sale for the purchase of the Greystone Property. The form of said Contract is attached as "Exhibit A", and the purchase will be in accordance with the terms and conditions contained therein. 3. The Town Board of the Town of Wappinger has reviewed the intended action with respect to the criteria set forth in Article 8 of the Environmental Conservation Law, and Title 6, Part 617 NYCRR and with respect to the provisions of Chapter 117 of the Town of Wappinger Code, and hereby determines that the intended action is an Unlisted Action pursuant to Title 6, Part 617 NYCRR. 4. The Town Board of the Town of Wappinger hereby determines that it is the only involved agency in this action and hereby declares itself lead agency pursuant to Article 8 ECL in the related Title 6, Part 617 NYCRR. [Amended 2114100 INERGIL]SaSYSICOMMONIWAPPINGEIRESOLUTIGREYSTN 1.DOC 5. The Town Board is heretofore retained the firm of Matthew D. RVdikoff & Associates (hereinafter "Rudikoff") to undertake an environmental review of this action and Rudikoff has commenced such environmental review. 6. The Town Board hereby authorizes the firm of Chazen Environmental Services to undertake an environmental audit of the Greystone Property and hereby authorizes the Supervisor of the Town, Constance 0. Smith to execute a Proposal for Professional Services with Chazen Environmental Services to perform said environmental audit in the form attached hereto as "Exhibit B". 7. The Town Board hereby authorizes and directs the Supervisor of the Town of Wappinger, Constance 0. Smith, to execute the proposed Contract of Sale in substantially the same form as attached hereto as "Exhibit A", as well as to take any other actions and to execute any and all documents, forms and instruments that may be required to effectuate compliance with the conditions contained in the Contract of Sale which are pre requisites to the purchase of said property by the Town of Wappinger. 8. The Town Board directs Albert P. Roberts, Attorney for Town of Wappinger, to make application for title insurance to insure the Town of Wappinger for the principle amount of Two Million Dollars ($2,000,000), the purchase price herein, and to take whatever steps are necessary to effectuate compliance with the conditions contained in the Contract of Sale. 9. The Town Board directs the firm of Paggi, Martin & DelBene to undertake a survey of the premises. [Amended 2114100 IIVERGI LI S21SYS\COMMONIWAPPI NGEIRESOLUTIGREYSTN 1.DOC The question of the adoption of the foregoing resolution was duly put to a vote on roll call, which resulted as follows: voting CONSTANCE O. SMITH. Supervisor voting ROBERT L. VALDATI, Councilperson voting JOSEPH RUGGIERO, Councilperson voting VINCENT BETTINA, Councilperson voting JOSEPH P. PAOLONI, Councilperson The Resolution is hereby duly adopted. Dated: February 14, 2000 Wappingers Falls, New York ELAINE SNOWDEN, Town Clerk Town of Wappinger [Amended 2114100 \IVERGI LIS21SYS1COMMONIWAPPINGEIRESOLUTIGREYSTN 1.DOc CONTRACT OF SALE Date: January 2000 Seller and Purchaser agree as follows: PARTIES Seller: Greystone Programs, Inc. formerly known as Greystone House, Inc. Address: 24 Delavergne Avenue, Wappingers Falls, NY 12590 Purchaser: The Town of Wappinger Address: Town Hall, 20 NEddlebush Road, Wappingers Falls, NY 12590 PURCHASE AGREEMENT 1. Seller shall sell and Purchaser shall buy the Property on Wheeler Hill Road in the Town of Wappinger on the terms stated in this Contract. The Property is described as follows: See Schedule "A" attached hereto. BUILDINGS AND IMPROVEMENTS, STREETS, ASSIGNMENT OF UNPAID AWARDS 2. The sale includes: (a) All buildings and improvements on the Property. (b) All right, title and interest, if any, of Seller in any land lying in the bed of any street or highway, opened or proposed, in front of or adjoining the Property to the center line thereof. It also includes any right of Seller to any unpaid award to which Seiler may be entitled (1) due to taking by condemnation of any right, title or interest of Seller and (2) for any damage to the Property due to change of grade of any street or highway. Seller will deliver to Purchaser at Closing, or thereafter, on demand, proper instruments for the conveyance of title and the assignment and collection of the award and damages. (c) Fixtures, Personal Property. All fixtures and articles of personal property attached to the Property, unless specifically excluded below. Seller represents that they are paid for and owned by Seller free and clear of any lien other than the Existing Mortgage(s). They include but are not limited to plumbing, heating, lighting and cooking fixtures, to the extent currently on the premises. Excluded from this sale are: - Furniture and furnishings. PRICE 3. The purchase price is $2,000,000.00 payable as follows: On the signing of this Contract by check subject to collection: $ 5,000.00 (Includes Binder.) BALANCE AT CLOSING $1,995,000.00 The BALANCE AT CLOSING shall be paid in cash or good certified check, or official check of any bank, savings bank, trust company, or savings and loan association having a banking office in the State of New York. A check must be payable to the order of Seller, or to the order of Purchaser and duly endorsed by Purchaser (if other than a corporation) to the order of Seller in the presence of Seller or Seller's attorney. Seller shall also accept an official check of the Town of Wappinger upon proof that sufficient sums have been deposited to TITLE TRANSFER SUBJECT TO: said account. 4. The Property is to be conveyed subject to: (a) Applicable zoning and governmental regulations that affect the use and maintenance of the Property provided that they are not violated by buildings and improvements on the Property. (b) Conditions, agreements, restrictions, easements and rights of way of record. (c) Any state of facts an inspection or survey of the Property may show provided it does not make the title to the Property unmarketable. (d) Existing tenancies as hereinafter provided. (e) Unpaid assessments payable after the date of the transfer of title. USE OF PURCHASE PRICE TO PAY ENCUMBRANCES: 5. Seller may pay and discharge any liens and encumbrances not provided for in this Contract. Seller may make payment out of the balance of the Purchase Price paid by Purchaser on the transfer of title. DEED AND TRANSFER TAXES: 6. At the Closing Seller shall deliver to Purchaser a bargain and sale deed with covenant against grantor's acts so as to convey a fee simple title to the Property free and clear of all encumbrances except as stated in this Contract. The deed shall be prepared, signed and acknowledged by Seller and transfer tax stamps in the correct amount shall be affixed to the deed, all at Seller's expense. The deed shall contain a trust fund clause as required by Section 13 of the Lien Law. ADJUSTMENTS AT CLOSING: 7. The following are to be apportioned pro -rata to the date of transfer: (a) Fuel, if any (subject to continued occupancy (b) Tax Adjustments, if any. WATER METER READINGS: S. If there is a water meter on the Property, Seller shall furnish a reading to a date not more than thirty (30) days prior to the time herein set for Closing. The unfixed meter charge and sewer rent, if any, shall be apportioned on the basis of this last reading. FIRE, OTHER CASUALTY: 9, This Contract does not provide for what happens in the event of fire or casualty loss before the title closing. Unless different provision is made in this Contract, Section 5-1311 of the General Obligations Law will apply. CONDITION OF PROPERTY: 10. Purchaser has inspected the buildings and improvements on the Property and the personal property included in this sale. Purchaser agrees to take title "as is" and in their present condition subject to reasonable use and natural deterioration between now and the time of Closing. Seller makes no warranty or representation concerning the condition of said property. SELLER UNABLE TO CONVEY, LIABILITY: 11, If Seller is unable to convey title in accordance with this Contract, Seller's only liability is to refund all money paid on account of this Contract and pay actual charges made for examining title. CLOSING DATE AND PLACE: 12. The Closing will take place at the office of McCABE & MACK LLP, 63 Washington Street, Poughkeepsie, New York 12602 or local lending institution on or about March 15, 2000 at 11:00 a. in. or at such other time and place as may mutually be agreed upon by Seller and Purchaser. BROKER: 13. Purchaser represents that Purchaser has not dealt with any broker in connection with this sale other than whose address is W J Lavery Real Estate, Lagrangeville, New York, and Seller agrees to pay broker the commission earned (pursuant to separate agreement with broker). PURCHASER'S LIEN: 14. All money paid on account of this Contract, and the reasonable expenses of examination of the title to the Property and of any survey and inspection charges are hereby made liens on the Property. The liens shall not continue after default by Purchaser. NOTICE: 15. Any notice or other communication from one party to the other shall be in writing and sent by registered or certified mail in a post paid envelope addressed to the party at the address above, with a copy of any notice to the Seller sent to McCabe & Mack LLP, 63 Washington Street, P.O. Box 509, Poughkeepsie, New York 12602 with a copy of any notice to the purchaser sent to Albert P. Roberts, Esq., 1611 Route 9, Wappingers Falls, NY 12590. The address above may be changed by notice to the other party. ENTIRE AGREEMENT: 16. All prior understandings and agreements between Seller and Purchaser are merged in this Contract. This Contract completely expresses their full agreement and has been entered into after full investigation. Neither party is relying upon statements made by anyone that is not a party to this Contract. NO ORAL CHANGE: 17. This Contract may not be changed or ended orally. 18. This Contract shall apply to and bind the distributees, executors, administrators, successors and assigns of the Seller and Purchaser. MULTIPLE PARTIES: 19. If there are more than one Purchaser or Seller the words "Purchaser" and "Seller" used in this Contract includes them. DELIVERY OF DEED: 20. The Purchaser acknowledges and agrees that the delivery of the deed herein constitutes full compliance with the terms, covenants and conditions of this contract, including any and all addendums and/or riders annexed hereto, and moreover that none of the terms hereof or of such addendum and/or rider, except those specifically made to survive title closing, shall survive such title closing. NO PRE-CLOSING RIGHTS: 21. Purchaser shall have no possession, right, title or interest of any nature in the property of any part thereof until delivery to Purchaser of the deed to said Property and the payment of the purchase price as herein specified. OFFER ONLY: 22. This instrument shall be considered only as an offer on the part of the Purchaser and shall not be enforceable against the Seller until the same and all of its terms and conditions are approved by the Seller and this instrument executed and delivered by and on behalf of the Seller. AGRICULTURAL DISCLOSURE: 23. It is the policy of this state and this community to conserve, protect and encourage the development and improvement of agricultural land for the production of food, and other products, and also for its natural and ecological value. This notice is to inform prospective residents that if the property they are about to acquire lies partially or wholly within an agricultural district, that farming activities may occur within the district. Such farming activities may include, but not be limited to, activities that cause noise, dust and odors, if applicable. DOWN PAYMENT HELD IN ESCROW 24. The down payment shall be held in escrow by the attorney for Seller until closing and transfer of title in accordance with this agreement. The down payment shall be a lien on the premises, but such lien shall not inure to the benefit of or continue after default by purchaser under this contract. COMPLIANCE WITH MUNICIPAL LAW 25. A. Seller acknowledges that the Purchaser is a municipal corporation and a political subdivision of the State of New York, and accordingly is subject to various statutes, rules and regulations regarding the expenditure of public money the acquisition of lands to be used for public purposes, including, but not limited to compliance with SEQRA regulations, compliance with Local Finance Law of the State of New York, specifically Section 35 thereof and the various provisions of Town Law, including Sections 81, 220 and 233 thereof. B. Seller further acknowledges that this Agreement is expressly conditioned on the adoption of, compliance with and passage of the effective date of the conditions contained in the Bond Resolution authorizing the issuance of Two Million ($2,000,000.00) Dollars Serial Bonds of the Town of Wappinger to pay for the cost of acquisition of the property described in this Contract, which Bond Resolution is subject to a permissive Referendum pursuant to Section 35 of the Local Finance Law. C. The parties further agree that not withstanding anything to the contrary contained in the within Contract, the Purchaser is not authorized to purchase the subject premises unless and until there has been compliance with aforementioned statues, rules and regulations, until there has been adoption of and compliance with the conditions contained in the aforementioned Bond Resolution, compliance with the requirements of the Local Finance Law, compliance with the statutes regarding a Permissive Referendum, and the issuance of an approving opinion by the Town's Bond Counsel, Wilkie, Farr and Gallagher, 787 seventh Avenue, New York, New York 10019-6099, which opinion is a precondition to the issuance of any serial bonds needed to finance the purchase of the subject property. EXISTING TENANCY/CONTINUANCE: 26. Seller shall have the right to continue its occupancy of the Maguire Pavillion including the chapel, the barn and the Administration Building on the Property for the continuance of SeIler's progress for a period of up to twenty-four (24) months subsequent to closing at a monthly rental of $7,500. 00*Said rent shall be prorated for the beginning and end of the term and shall be due and payable on the first day of each month during the term. Seller may terminate such occupancy at any time prior to the expiration of said twenty-four months on one hundred twenty (120) days notice in writing to Purchaser. Included in the foregoing right of occupancy are reasonable yard and parking areas in the vicinity of the subject building and the right of ingress and egress over the existing roadways on the Property and an easement for use of the wells and septic field serving the aforementioned structures. Seller during such period of occupancy shall maintain liability insurance naming Purchaser as an additional insured and provide its own heat and utilities. Seller shall continue to maintain the grounds as currently maintained during such period of Seller occupancy. The provisions of this paragraph shall survive closing of title. * Plus utilities and maintenance of grounds. Utilities shall include all utilities servicing the premises such as gas, electric_, telephone, cable TV, as well as necessary fuel oil. Maintenance shall include law mowing and trimming of all grounds, snow and ice removal as needed, and all repairs and/or replacement, if necessary, of the mechanical components (heating system, air conditioning system, oil pump, etc.), presently servicing the buildings to be occupied by tenant. SIGNATURES: 27. Seller and Purchaser have signed this Contract as of the date at the top of the first page. LN SELLER GREYSTONE PROGRAMS, INC. Rhonda A. Blumenthal, Executive Director PURCHASER THE TOWN OF WAPPINGER Constance O. Smith, Supervisor SCHEDULE A All that certain piece or parcel of land situate in the Town of Wappinger, County of DUTCHESS and State of New York bounded and described as follows: BEGINNING at a point, said point being on the northerly face of a mortared stone wall, and said point being the southeasterly comer of lands, now and formerly J & R Kemmis (Liber 1231, page 202), and said point being on the westerly line of Wheeler Hill Road; thence leaving said southeasterly comer and running along said stone wall along the southerly Iine of Wheeler Hill Road the following courses and distances: South 19° 12' 00" East 6.27 feet to the corner of a stone pillar; thence leaving said stone pillar and crossing a blacktop driveway South 18' 32' 15" East 15.92 feet to the corner of a stone pillar; thence leaving said stone pillar and running along the northerly face of a mortared stone wall South 19° 31' 20" East 217.55 feet, thence leaving said northerly face and running along a stone wall fence South 17° 57' 05" East 63.66 feet, South 190 04' 55" East 535.56 feet, South 19° 36' 00" East 277.12 feet South 20° 51' 10" East 238.14 feet, South 21 ' 07' 30" East 217.82 feet, South 19' 19' 15" East 185.21 feet, South 21 ° 08' 05" East 183.96 and South 19' 56' 45" East 60.09 feet to a point being the northeasterly corner of Iands now or formerly Vitale (Liber 1497 page 798); thence leaving said northeasterly corner, said stone wall fence and said westerly line of Wheeler Hill Road and running along the northerly line of Vitale South 71' 46' 50" West 200.00 feet to a point being the northwesterly corner of said Vitale and said point being the northeasterly corner of the Riverdale Subdivision, Filed Map No. 5422; thence leaving said northwesterly corner and running along the northerly line of said subdivision the following courses and distances: South 71' 46' 50" West 26.16 feet, South 71' 38' 30" West 698.64 feet, South 72' 09' 50" West 199.73 feet, South 71 ° 31' 30" West 47.23 feet, South 71' 22' 20" West 521.19 feet, South 72° 08' 00" West 467.95 feet and South 70° 44' 00" West 56.30 feet to a point being the southeasterly corner of lands now or formerly Central Hudson Gas and Electric Corp. Liber 663, page 412; said point being distant North 70° 44' 00" East 172.80 feet from the northwesterly corner of said subdivision map; thence leaving said southeasterly corner and running along the easterly line of said Central Hudson Gas and Electric Corp. North 28' 23' 15" West 1218.16 feet to a point being on the southeasterly line of lands formerly of the New York Central Railroad Company (Hudson Division) now and formerly Metropolitan Transit Authority; thence running along said southeasterly raihroad line as shown on railroad Map No V60/29 and V60/30 the following courses and distances: North 35° 22' 30" East 58.70 feet, North 26° 29' 15" East 32.98 feet, North 520 05' 20" East 334.01 feet North 40° 31' 10" East 588.09 feet, North 48° 09' 50" West 67.02 feet, North 40° 31' 40" East 51.15 feet, North 54° 51' 35" East 44.39, North 41' 13' 20" East 57.00 North 47° 31' 50" East 100.75 feet, North 43' 05' 35" East 100.10, North 41' 13' 00" East 75.00 feet, North 32' 45' 50" East 25.22, North 40° 18' 10" East 100.01, North 31 ° 27' 55" East 168.19 feet, North 40° 31' 10" East 100.00 feet, thence along a curve to the left with a radius of 62.38 feet and an arc length of 460.02 feet and chord North 38' 24' 25" East 459.92 feet and South 53' 42' 20" East 40.00 feet and North 35' 35' 10" East 92.15 feet to a point being the southwesterly corner of said Kemmis; thence leaving said southeasterly railroad line and running along the southerly line of said Kemmis South 60° 53' 40" East 502.42 feet to a point being on the northerly face of said mortared stone wall; thence continuing along said lands of Kemmis, along said northerly face of said wall South 190 12' 00" East 60.00 feet to the point of beginning. ALSO, a Seven (7) foot right-of-way (ROW) running over ]ands now and formerly Edward Baisley (Liber 1488, page 90) running from the southerly side of property to River Road,•the centerline more particularly described as follows: BEGINNING at a point, said point being on the northerly fine of the Riverdale Subdivision, Filed Map No. 5422, said point being distant North 70° 44'00" East 229.10 feet and North 72' 08' 00" East 467.95 feet from the northwesterly corner of said subdivision, thence leaving said northerly subdivsion line and running the following courses and distances. South 30° 12' 10" East 104.86 feet, South 28' 23' 20" East 69.03 feet, South 43' 29' 00" East 49.31 feet, South 71 ° 20' 00' East 53.01 Peet, South 81 ° 34' 10" East 453.35 feet, South 75° 25' 30" East 42.07 feet, South 50' 04' 20" East 33.60 feet, South 25" 14' 00" East 62.04 feet, South 30° 24' 30" East 71.13 feet, South 33" 01' 20" East 88.08 feet, South 29° 13' 00" East 62.00 feet and South 28° 26' 00 East 271.46 fcet to a point on the northerly line of River Road. EXCEPTING THEREFROM the following parcel conveyed to the Town of Wappinger for road widening purposes. BEGINNING at a point, said point being distant, North 20 degrees 13' 50" West 60.09 feet, North 21 degrees 25'10" West 183.96 feet, North 19 degrees 36' 30" West 157.17 feet from the northeasterly corner of lands now or formerly Vitale, Liber 1497, Page 798, said point of beginning being on the westerly line of Wheeler Hill Road and said point being in a stonewall fence; thence leaving said westerly toad line and said stonewall fence, and running through lands of Greystone House, Inc. the following courses and distances: South 70 degrees 08' 20" West 10.76 feet, North 21 degrees 11' 50" West 476.83 feet, and North 70 degrees 09' 10" East 10.96 feet to a point being on the aforementioned westerly line of Wheeler Hill Road, said point being in the aforementioned stonewall fence; thence along said westerly road line along said stonewall fence, the following courses and distances: South 21 degrees 08' 20" East 230.98 feet, South 21 degrees 24' 40" East 217.82 feet, and South 19 degrees 36' 30" East 28.03 feet to the point of beginning containing 0.120 + acres of land. PURCHASER'S RIDER TO CONTRACT OF SALE BETWEEN GREYSTONE PROGRAMS, INC., Seller AND TOWN OF WAPPINGER, Purchaser Notwithstanding anything to the contrary in the pre-printed form of Contract or Seller's Addendum between the above parties of which this rider is made part, the parties further agree as follows: 1. TITLE A. TITLE INSURANCE Title shall be both marketable and of record and such that a title company chosen by Purchaser shall approve and insure subject only to the standard title exceptions. B. TITLE OBJECTIONS/SELLER'S AFFIDAVIT If a search of the title discloses judgments, bankruptcies or other liens against other persons having names the same or similar to that of Seller, Seller will, on request, deliver to Purchaser an affidavit showing that such judgments, bankruptcies or other liens are not against Seller in form sufficient to permit Purchaser's title company to omit any exception related thereto. C. EASEMENTS, RESTRICTIONS, ZONING, ETC. The premises are sold and are to be conveyed subject to sewer, water, gas, electric, telephone and other utility easements, rights of way and restrictions of record, and further subject to building and zoning ordinances of the county, town or village in which the premises lie, provided the same do not: (i) violate the existing and intended use of the premises, (ii) render title unmarketable, (iii) threaten the continued existence of the improvements thereon, or, the present use or occupancy of the premises for the buildings and structures located thereon. [Common\Realesta\\Purrid] (iv) substantially reduce the useable area of the premises. D. SURVEY The premises shall be sold and conveyed subject to any state of facts an accurate survey discloses, provided the same do not disclose any condition that would otherwise render title unmarketable. This contract shall be null and void and Seller shall immediately refund to Purchaser all sums paid to Seller under this contract and reimburse Purchaser for the cost of survey and title search, if a survey reveals: (i) that improvements included in the sale are not located within the perimeter boundaries of the premises or violate by reason of location, size or other dimension, any condition, restriction of record or zoning ordinance; or, (ii) a substantial diminution of land area from that described in this contract or the broker's listing; (iii) survey encroachments; and (iv) seller is unable to correct such condition. E. RETURN OF DOWN PAYMENT In the event Seller cannot comply with the above conditions, the cost of both the survey and the title examination, together with the down payment shall be reimbursed and refunded by Seller to Purchaser, at which time the contract shall be canceled, and deemed null and void. In the event Seller fails to reimburse and refund as provided, such amounts shall be liens on the premises. Such liens shall not inure to Purchaser's benefit or continue if Purchaser defaults under this contract. 4. CONDITION OF PREMISES/INSPECTIONS A. MAINTENANCE At the time of closing, the premises will be in the same physical condition as at the time of contract, reasonable wear and tear excepted. The Seller be permitted to remain on the premises and shall maintain the premises in accordance with paragraph 26 entitled "Existing Tenancy/Continuance". At the time seller vacates the premises in accordance with the aforementioned paragraph 26, the dwelling and all accessory buildings conveyed by this Contract will be vacant and broom swept clean. Any debris on the premises or any personal property not included in the contract will be removed prior to closing. [Common\Realesta\\PurridJ B. WORKING ORDER Seller warrants that at the time of the execution of this agreement and at the time Seller vacates premises, the plumbing, heating and electrical facilities, appliances, septic fields and well servicing the premises are and will be in working order. C. PRE-CLOSING INSPECTION It is understood and agreed by and between the parties that Purchaser shall have the right to inspect the premises prior to Seller vacating same. 5. RISK OF LOSS Notwithstanding the liability for risk of loss or damage to the premises due to fire or other natural elements, Seller agrees that should the premises be damaged in any material way by fire, elements or vandalism, Purchaser shall have the option of proceeding with this agreement or declaring the same null and void and the sole liability of Seller in the latter case will be to return the down payment to Purchaser. 6. PERSONAL PROPERTY in lieu of executing a bill of sale, seller represents and warrants that all personal property transferred pursuant to this contract will be free and clear of any liens and encumbrances. This clause will survive the closing and transfer of title. 8. MAIL DEPOSITS Any written notice herein, to be given by the Purchaser or Purchaser's attorney, to the Seller or Seller's attorney, shall be deemed to have been given to the Seller or the Seller's attorney by mailing the paper to him or his attorney, at the address designated by him for that purpose, or if none is designated, at his last known address; said notice by mail shall be complete upon deposit of the paper enclosed in a postpaid properly - addressed wrapper, in a post office or official depository under the exclusive care and custody of the United States Post Office Department within the State; for a period of time prescribed by the contract as measured by notice to the purchaser of any event and such notice is by mail, five days shall be added to the prescribed period. 9. HAZARDOUS WASTE Seller represents it has no knowledge or information that the premises have been used for the disposal of hazardous and/or toxic materials, and that the premises do not constitute an inactive hazardous waste disposal site, as that term is defined in Article 27 [Common\ Rea Iestal\Purrid] of the New York State Environmental Conservation Law. This provision shall survive transfer of title. 10. COMPLIANCE WITH EXECUTIVE LAW Seller shall, at closing, deliver an affidavit indicating compliance with the terms of Executive Law Section 378, Subdivision 5, pertaining to smoke detectors. 11. CERTIFICATE OF OCCUPANCYITOWN OF WAPPINGER A. This contract is contingent upon the existence of a valid certificate of occupancy for the premises (including additions, improvements and alterations to premises) and a certification from the Town of Wappinger that there are no violations of any ordinances, local laws or other rules and regulations pertaining to the subject premises. In the event the premises were constructed prior to the adoption of a zoning ordinance and/or building code, the Town of Wappinger must certify that the premises are exempt from any certificate requirements. In the event a Certificate of Occupancy is required, it shall be Seller's obligation, at Seller's expense, to undertake all necessary work to obtain a valid Certificate of Occupancy prior to closing. If exempt, the premises, notwithstanding such exemption, must be legally useable and in compliance with the Town of Wappinger's zoning ordinance with no violations of any ordinances. Seller represents and warrants that if there have been additions, improvements or alterations to the premises (including swimming pool) for which a building permit or certificate of occupancy is required by the Town of Wappinger, Seller will obtain and furnish such permits and certificates. This clause shall survive closing of title and delivery of deed. B. All notices of violations of laws or municipal ordinances, orders or requirements noted in or issued by the Zoning Administrator's Office and/or Building Inspector, Fire, Labor, Health, or other State or municipal body having jurisdiction over the subject premises as of the date of title conveyance, shall be complied with by Seiler and the premises shall be conveyed free of same. Seller shall furnish Purchaser with an authorization to make the necessary searches. [CommonlRealestaklPurrid] 12. COMPLIANCE WITH MUNICIPAL LAW A. The Seller expressly acknowledges that any resolution authorizing the purchase of this property is subject to a Permissive Referendum and is further subject to the Town's compliance with New York State Law applicable to the purchase of real property by a Town, including, but not limited to the following: 1. Compliance with the State Environmental Quality Review Act (hereinafter "SEQRA"), specifically, a determination by the Town Board that the acquisition of this property will not have an adverse impact on the environment and the Town Board's adoption of a Negative Declaration of Significance; 2. A satisfactory environmental audit to be completed and incorporated in the SEQRA review; and 3. The publication of the Resolution authorizing the purchase of the property with notice that the authorization is subject to a Permissive Referendum and the expiration of the time period within which the residents of the Town can submit a petition calling for a referendum on the purchase; and 4. The adoption of a Bond Resolution authorizing the borrowing of necessary funds to acquire the premises and related acquisition costs, the publication of the Notice of Adoption of the Bond Resolution and the expiration of the Estoppel period thereon. 13. INCONSISTENCY In the event any of the terms of this rider are different from, or inconsistent with, the terms of the contract or Seller's rider, the terms of Purchaser's rider shall govern. GREYSTONE PROGRAMS, INC. TOWN OF WAPPINGER [CommonlRealestallPurrid] Seiler Purchaser ALL-STATE;L_=_�AL 100-222-0510 E011 RECYClcD C CHAZEN ENvaommNTAL SERVICLS, INC. Dumhess County Office: PO Box 3479, 22913 Page Park, Manchsster Road Poaghkeepsia NY 12603 Phonc: (9.13) 454-3950 Fuc: (914) 454-4026 www.ch=ncompamics.com Email: you&hkcepmic@cha;encompanios.Wm Town of Wappinger Town Board 20 Middle Bush Road PO Box 324 Wappingers Falls, New York 12590 February 14, 2000 By Fax Re: Rifles Hill Mansion, Wheeler Hill Road, Wappingers Falls, New York Proposal for. Professional Services (proposal #2000-02-0010) Phase I Environmental Site Assessment Suspect Asbestos Containing Material Sampling Suspect bead Based Paint Testing Dear Board Members: Orange County O ics: Phony. (914) $67-1133 Capital Dwrici mac; NO= (519) 371.4929 North Country Office- Phone: (51 R) RJ 2.0513 Thank you for the opportunity to provide you with a proposal to conduct a Phase I Environmental Site Assessment (ESA), including sampling of suspect asbestos containing materials and testing of suspect lead based paint, for the above referenced property. The Chazen Companies (TCC) have successfully worked with hundreds of clients and every bank in the region in the preparation of Phase I ESA reports. The scope of work for the Phase I ESA will be performed in accordance with the scope and limitations set forth in the American Society of Testing and Materials (ASTM) Standard Practice E 1527-97 (Phase I Environmental Site Assessment Process) and E 1523-96 (Transaction Screen Process). The purpose of the ESA is to identify recognized environmental conditions, including the presence or likely presence of any hazardous substance or petroleum product on a property. The ASTM Standard Practice has been established to allow a lender or property owner to satisfy one of the requirements necessary to qualify for the "innocent landowner defense" for liability under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA). TW ChaLtn Enginrtring +Land Survtyirlq Co., P.C.--m Cbazcn Environmental 5rrvices, Ar. EnviroPlan Assariales, lnr. CCM S TelrPlonAssaciaies, Mr. 90/20'd z178F,86E 01 920b VSB PT6 ONI633NIEN3 N3ZdHD dd LT:GT 0002 VT H3d Mr. Albim Roberts February 14, 2000 Page 2 The scope of work as defined by ASTM Standard Practice E 1527-97 includes the following: a Site Inspection, including a visual inspection of the subject Property and adjacent properties; a Records Review, including a review of the history and ownership of the property for a period of fifty years, if available, and a review of all pertinent records of the United States Environmental Protection Agency (USEPA), New York State Department of Environmental Conservation OMDEC), and the Ulster County Department of Health (UCDH), Interviews with Property owners, occupants, and other appropriate individuals familiar with the site; and preparation of a Report that incorporates the above in£oxmat.on and includes the findings of the investigation, our conclusions and recommendations. There may be environmental, issues or conditions at a property that are outside of the scope of ASTM Standard Practices, but may be a useful aid to potential or current property owners when assessing a property. The limitations of work as defined by ASTM Standard Practice E 1527-97 includes the following items which will not be investigated unless specifically requested: Asbestos -Containing Materials Radon Lead -Based Paint Lead in Drinking Water Wetlands Floodplains As per your conversation with George Minervini in July of 1998, 1 understand you are interested in a Phase 1 Environmental Assessment, Asbestos testing, and Lead -Based Paint testing. The estimated cost of the Phase I ESA is $2,750 based on the size of the property and number of buildings requiring evaluations. The report can be completed approximately three weeks after your authorization to proceed. The estimated cost to test suspect lead based paint is $2000. The estimated cost to collect samples of suspect asbestos containing materials is $1500. Due to the fact that the number of suspect asbestos containing material samples is determined by the number of different materials encountered and the amounts present, the estimated cost to have the samples analyzed by an independent laboratory is given in unit costs. Friable suspect asbestos containing materials will be analyzed by Polarized Light Microscopy at a cost of approximately $10 per sample. Non -.friable, organically bound samples such as floor file and roofing materials will be analyzed by Transmission Electron Microscopy at a cost of approximately $55 per sample. These figures are based on a standard five-day laboratory turnaround time. A faster turnaround time can be requested from the laboratory at additional cost. X440.a-.40Rivas N11 kf'riaion Pham 1 Drn-ayi.doe 90/201d zPeZs6Z of 9a0b pso vi6 JNI69 NIJN2 N220HO �d LT:ST @0OZ bT S3d Agrrrnernt for Retainer of Profesviolwi Sepuices iii) Client requests an increase of TC0s professional liability limitation to $1,000,000. Client agrees to compensate 'TCC $959 for this extended coverage. Project Name. Rives Hill Mansion rl perty By Client Date G. TER h ION; In the event of substantial failure by either party to perform under this Agrecmcnt, the aggrievt-d party may terminate this Agreement upon aeven () days written notice. If this Agra:ment is torminutod, Client shall remit all monies due TCC within 30 days. TCC at its sole discretion, may terminate this Agreement when it reasonably believes there may be non -environmental condition(s) which threaten the health and safety of TCC personnel and subcontractors. TCC shall immediately inform tho Client of hazardous or dangerous conditions as applicable under existing regulations, G. SEVERABMTY. If any provision of this Agreement is helrl invalid 5`ueh provision shall have no effect, but all remaining provisions shall continue in full force and effect. Each provision of this Agroomen t shall he interpreted so as W render it valid. 7. NOTICES; All notices shall be in writing and shall be CaJacient if sent by first class mail or overnight mail to the �lt1drLK,a� of Client and TCC as shown herein. Notices shall be deemed as recoivcd throo (3) business days after mailing. Each party hemhy agrees Go accept all mailed and hand dolivcrod communications. 8 EMENT: This Agreement and anattachments and exhibits identified herein represent all of the � y P agreements, conditions, understandings, and undertakings between Client, and TCC. promises, 9. AMENDMENTS: This Agreement shall bind Client and TCC and their successors and assigns. The parties may, by written agreement(s), modify and amend this Agroemsnt. Any such amendment must be in writing and be signed by the party against whom enforcvment of the amendment is sought. No breach of any part of this Agreement shall bo doomed wolve(l unless expressly waived in writing by the party who might assort such a broach. The failurs of any party to insist in any ono or more instances upon strict performance of this Agreoment shall not be construed as a waiver of the right to insist upon strict performance, 10' GOVER NG LAW: This Agreament shall be governed and construed by the l;iw..sof the State of Now York_ For purposes of any legal action or suit related to or arising out of this Agroomvnt venue shall be Dutchess County, Now York. 1I. COVN PARTS: This Agreement, and any amendments or revisions thereto, may be executed in two or more counterparts each of which shall be deemed an criginal, but which together shall constitute ane and the soma instrumont(s). 12. REPRESENTATIONS: Client and TCC state that each has full power and authority to malts. smoute and perform this Agreement. Signatory for Client states that he is an of Icer, owner, partner, agent or attorney for Client. Neither Clienr. nr,r TCC is bankrupt or have availed thor solvos of any debtor's remedies nor are c:urranLly contemplating such, For CELS or S or EPA -�9/1 � 11, Date For Client Date The chwen Companies 2000 ** TOTAL PAGE.06 ** RE SOLUTION TOWN Off" NVAIPPING.EIR TCWNo,,oA-RD ISSUANCE OF A NEGATIVE DEECLAIU,-TION !-,U RICHASE ACQUISITION OF GRE YS' ONE PROIEl XCY ,UNE 12, 2000 a se a in fee H Town of Wappin,er is the Pulcl a cqu's't'onl 7VIT,the d0preserve te PrOPer'[Y r publed to as ic useand the to �,t�,e Greystone Property to conserve all -rs al aiid covernment needsh(hereinafter refei cco:raaiodate tiI3 Town's recreation 0 -le Property is located on the westerly W:EEj r�.EAS, approximately 99.6 acre Greystol c of heeler Will Road, Town of Wappinger, Dutchess County (Parcel ID 6057-03-487186), SIL and - U -Faimily Residential Zoning Dist, wIltin an 80 One a seminary and contains several the Greystone Property was fo -person residential structure, a former chapel, a pavilion, ren-inants of b-L�l ­,1()s,jj-.,cludingarnult:1 a 31j,�e,,cerith century mansion, barns and other buildings used for administrative aiidgrounds rj 4 ipi k _rposes; and large parcel of ' VVEME-C, AS, the Greystone Property Is tijc last remaining '[own of Wappinger with Hudson River views which should be preserved for the landbenefit tl of the e V I I ic at d which dan be used for a variety of recreational and govenirr ntal purposes; and quiring this property to conse.rve it and prevent it the Town is desirous of ac -1 1-1 opment and preserve it for the for residential or other develop f,�G�,rj "t)elng sold to a Private entity 1 McCabe & Mack LLP 63 Washington Street Post Office Box 509 Poughkeepsie, New York 12602 Attn: J. Joseph McGowan, Esq. Re: Town of Wappinger purchase of Greystone Property Our File No. 12951.0325 Dear Joe: LEGAL ASSISTANTS: DALE O'DONNELL AMY E. WOODARD POUGHKEEPSIE OFFICE 276 MAIN MALL POUGHKEEPSIE, NY ].2501 (914) 452-1046 ADDRESS REPLY TO: f ) POUGHKEEPSIE ( ) WAPPINGERS In reference to the above -referenced transaction, enclosed please find an updated print of the Survey with the proper certifications. Very truly VERGILIS, STENGER, ROBERTS & PERGAMENT CQ�:�, � /,�) Albert P. Robers APR/es Encl. cc: Hon. Elaine, Snowden, Town Clerk and Carol Otter (Tri -County Abstract) VERGILIS, STENGER, ROBERTS & PERGAMENT ATTORNEYS AND COUNSELORS AT LAW 1136 ROUTE 9 WAPPINGERS FALLS, NEW YORK 12590 (914) 298-2000 GERALD A. VERGILIS* FAX (914) 298-2842 KENNETH M. STENGER ALBERT P. ROBERTS IRA A. PERGAMENT ANTONIA T. LUCIA JOAN F. GARRETT** THOMAS R. DAVIS MARIA J. GRECO *ADMITTED TO PRACTICE IN NY & FLA. **ADNtrrTED TO PRACTICE IN NY & CONN. June 30, 2000 McCabe & Mack LLP 63 Washington Street Post Office Box 509 Poughkeepsie, New York 12602 Attn: J. Joseph McGowan, Esq. Re: Town of Wappinger purchase of Greystone Property Our File No. 12951.0325 Dear Joe: LEGAL ASSISTANTS: DALE O'DONNELL AMY E. WOODARD POUGHKEEPSIE OFFICE 276 MAIN MALL POUGHKEEPSIE, NY ].2501 (914) 452-1046 ADDRESS REPLY TO: f ) POUGHKEEPSIE ( ) WAPPINGERS In reference to the above -referenced transaction, enclosed please find an updated print of the Survey with the proper certifications. Very truly VERGILIS, STENGER, ROBERTS & PERGAMENT CQ�:�, � /,�) Albert P. Robers APR/es Encl. cc: Hon. Elaine, Snowden, Town Clerk and Carol Otter (Tri -County Abstract) HU D S 0 N NC. REC"EIVED Protectiv the Valley's Environinent, TOW11 by TOW11 DEC 199. 91:1�i(,ERSAND D[RECTORS December 10, 1999 Marjorie L Hart Ms. Connie Smith Supervisor Wappinger Town Hall 20 Middlebush Road Wappingers Falls, NY 12590 Dear Supervisor Smith: Congratulations and kudos for leading the Town Board in its decision to purchase the Greystone property for public recreational use! The property has commanding views of the Hudson River and wonderful potential as a park. Communities all over America are passing referenda and issuing bonds to preserve critical open space. Open space enhances the quality of life in a community and has been recognized as an essential ingredient for successful econornic development. Under tremendous development pressure, the municipalities in Dutchess, County can no longer stand back and wait for the state and the county to protect important open space resources, Your Town has taken a step that will leave an important legacy to future generations and has set an example for our region. Please feel free to contact us if we can be of any assistance as you move ahead with this important project. Sincerely, t v oxen erg Land Preservation Director /Mjb CC" Ned Sullivan Frances Reese vice Cimlic" David H. Mortimer Frederick Osborn III Wheclock Whitney III Tm: ' Anne E. InipeffizzCri A,1,,',1S1AN I TRFA,URI'R Jolt V. jobilsoll Ak)' 1;,fiZi1bC(l1 B. PUI)l Catlicrinc S. Armitagc D:IVW J. 13111111fidd Amic 2 Calm David ("' Clapp Chris[opher C, Davis li. I larrison Frankel Robert R FreeMMI Anna Carlson Gannm Patrick Garvey Cynthia 11. QW)OIls Mrs. 'I'litirsion Grccuc Morrison 1-1. 1-1cckschcr Cuisine 1-clincr I ic%vii Frank imarlucci Anthony]. Moridlo Francis.]. Murray, j'. Warric L.S. Pricc samud 1.. Pryor I I I RUdO11111 S. Raffldl I I I David N. Raklun F'rederic (". Rich 1-1, Claude Shosial John P Wort Alexander E. Zagoreos Aiwisoin' ROAKO Nash Castro Wiffiall) 1-1. bVen John French III George W. Gowei) Elizalmli.j. McCormack Barnabas McHenry Charles P Noyes III Mrs. Frederick 1-1. Osborll,.Jr. Laurance Rockefeller David Sivc Mrs.'FhomxM. Waller I 1(+NORARY DWIICTOR Robot Boyle FALCU I Wk I OR Ned Sullivan SCENIC HUDSON, INC. (� vassar'strcct Ilom, hkccpsic, NY t26oi-io,)6 N -11C 1)14-473-H'j(.) FaX 914-473-26,18