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2021-27 2021-27 Resolution Authorizing Release Of Security Posted In Connection With Nerp Holdings And Acquisitions Company, LLC (Tractor Supply Site Plan) At a Reorganization 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 January 11, 2021. The meeting was called to order by Richard Thurston, Town Supervisor, and upon roll being called, the following was recorded:  Vote Record - Resolution RES-2021-27 Yes/Aye No/Nay Abstain Absent Adopted  Richard Thurston Voter     Adopted as Amended  William H. Beale Mover      Defeated Angela Bettina Seconder     Tabled  Christopher Phillips Voter     Withdrawn  Al Casella Voter     The following Resolution was introduced by Councilman Beale and seconded by Councilwoman Bettina. WHEREAS, by Resolution 2020-62 the Town Board previously accepted an Undertaking Secured by Cash Deposit for Restoration dated February 6, 2020, executed by NERP Holdings and Acquisitions Company, LLC, in the sum of Twenty Thousand Three Hundred Fifty Dollars ($20,350.00), to secure the developer’s obligations to guarantee the restoration of the property if trees were cut, and site plan approval was not granted; and WHEREAS, NERP Holdings and Acquisitions Company, LLC has complied with the terms of the Undertaking; now, therefore BE IT RESOLVED, that the Town Board hereby acknowledges that NERP Holdings and Acquisitions Company, LLC has complied with the terms of the Undertaking and the Cash Deposit in the sum of Twenty Thousand Three Hundred Fifty Dollars ($20,350.00) shall be released. The foregoing was put to a vote which resulted as follows: RESULT: ADOPTED \[UNANIMOUS\] MOVER: William H. Beale, Councilman SECONDER: Angela Bettina, Councilwoman AYES: Thurston, Beale, Bettina, Phillips, Casella Dated: Wappingers Falls, New York 1/11/2021 The Resolution is hereby duly declared Adopted. ___________________________________________ JOSEPH P. PAOLONI, TOWN CLERK