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2008-3382008-338 Resolution Authorizing Settlement of Tax Certiorari - Hark Kandr, LLC 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 24, 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 Joseph P. Paoloni The following Resolution was introduced by Councilman Beale and seconded by Councilman Bettina. WHEREAS, there is now pending in the Dutchess County Supreme Court a tax certiorari proceeding, commenced in 2007 by Hark Kandr, LLC, regarding premises located at 1299 Route 9, Grid # 6157-04-567483-0000, and 1315 Route 9, Grid # 6157-02-567518-0000 seeking a reduction in the 2007 tax assessment for the 2007 tax roll; and WHEREAS, the Town Assessor and Special Counsel have 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.: 6157-04-567483-0000 and 6157-02- 567518-0000. FOR TAX GRID #6157-04-567483-0000 (1299 Route 9): Original Reduction in Final Tax Year Assessment Assessment Assessment 2007 $3,000,000 $500,000 $2,500,000 FOR TAX GRID #6157-04-567518-0000 (1315 Route 9): Original Reduction in Final Tax Year Assessment Assessment Assessment 2007 $3,325,000 $625,000 $2,700,000 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 11/24/2008 The Resolution is hereby duly declared adopted. OHN C. MASTERSON, TOWN CLERK