2008-3602008-360
Resolution Authorizing Settlement of Tax Certiorari - Imperial Improvements, LLC F/K/A
Biloba Corp. F/K/A Colony NYRO Partners, LP
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 December
8, 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 Councilwoman McCarthy and seconded by
Councilman Bettina.
WHEREAS, there is now pending in the Dutchess County Supreme Court tax certiorari
proceedings commenced for the years 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004,
2005, 2006, 2007 and 2008 by Imperial Improvements, LLC, f/k/a Biloba Corp. f/k/a/ Colony
Nyro Partners, LP, regarding premises located at 1568-1576 Route 9, Grid #'s 6158-19-601220-
00; 6158-19-601220-03; 6158-19-575182-00; 6158-15-589264-01; 6158-15-589264-00; 6158-19-
623204-00, seeking a reduction in the 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004,
2005, 2006, 2007 and 2008 tax assessment for the 1996/1997, 1997 /1998, 1998/1999,
1999/2000, 2000/2001, 2001/2002, 2002/2003, 2003/2004, 2004/2005, 2005/2006, 2006/2007
and 2007/2008 tax rolls; and
WHEREAS, the Town Assessor and Special Counsel have recommended 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 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006,
2007 and 2008, as it pertains to Grid #'s 6158-19-601220-00; 6158-19-601220-03; 6158-19-575182-
00; 6158-15-589264-01; 6158-15-589264-00; 6158-19-623204-00 as follows:
6158-19-601220-00
Original
Reduction in
Final
Tax Year
Assessment
Assessment
Assessment
1996
$10,500,000
-0-
$10,500,000
1997
$10,500,000
-0-
$10,500,000
6158-19-601220-03
Original
Reduction in
Final
Tax Year
Assessment
Assessment
Assessment
1996
$110,000
-0-
$110,000
1997
$110,000
-0-
$110,000
6158-19-623204-00
Original Reduction in Final
Tax Year Assessment Assessment Assessment
1998 $3,478, 100 -0- $3,478, 100
6158-19-575182-00
6158-15-589264-01
Original
Reduction in
Final
Tax Year
Assessment
Assessment
Assessment
1998
$1,473,000
-0-
$1,473,000
1999
$1,473,000
-0-
$1,473,000
2000
$1,473,000
-0-
$1,473,000
2001
$1,473,000
-0-
$1,473,000
2002
$1,473,000
-0-
$1,473,000
2003
$1,473,000
-0-
$1,473,000
2004
$1,473,000
-0-
$1,473,000
2005
$1,473,100
$147,800
$1,325,300
2006
$1,473,100
$243,700
$1,229,400
2007
$7,000,000
$3,365,600
$3,634,400
2008
$7,000,000
$2,897,300
$4,102,700
6158-15-589264-01
Original
Reduction in
Final
Tax Year
Assessment
Assessment
Assessment
1998
$110,000
-0-
$110,000
1999
$110,000
-0-
$110,000
2000
$110,000
-0-
$110,000
2001
$110,000
-0-
$110,000
2002
$110,000
-0-
$110,000
2003
$110,000
-0-
$110,000
2004
$110,000
-0-
$110,000
2005
$110,000
$11,033
$98,967
2006
$110,000
$18,200
$91,800
2007
$640,000
$307,700
$332,300
2008
$640,000
$264,900
$375,100
6158-15-589264-00
Original
Reduction in
Final
Tax Year
Assessment
Assessment
Assessment
1998
$2,737,700
-0-
$2,737,700
1999
$2,737,700
-0-
$2,737,700
2000
$2,737,700
-0-
$2,737,700
2001
$2,737,700
-0-
$2,737,700
2002
$2,737,700
-0-
$2,737,700
2003
$3,286,000
-0-
$3,286,000
2004
$3,286,000
-0-
$3,286,000
2005
$3,286,000
$329,717
$2,956,283
2006
$3,286,000
$543,700
$2,742,300
2007
$14,200,000
$6,826,700
$7,373,300
2008
$14,200,000
$5,877,800
$8,322,200
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
12/8/2008
The Resolution is hereby duly declared adopted.
00-01�'L'
J HN C. ASTERSON, TOWN CLERK
Iown Board
J own of Wapp inge,-
20 Middlc-bush Road.
)kappingers Yal"s, NY 12590
Re: Imperial Im.p.nwornents. LIC f`k' 'a Biloba Corp. C`k/a Co[ony NNro
Partners, LP v. ']'own of Wappint-ler
1568-1576 Route 9
Grid No, 6158 -l9 -60t � -1-20-00 -� 61';8-='9-6 01-22 0- 0-3 615 8- 1 C) -S',``;182 -t"0
6` 58-15-589264-01: 6158-15-589264-00', 6158-'9-62,3204-00
E;ur Filc'No. 2'036,'529
Dear SUPOrVisor Coisey and Members (if thc TovlBoard:
Please be advised that the abovc-refcrenced proceeding is a tax certiorari, matter pending IN- the
vears. 1996 through 2008, We have reached asettlemem Miic:h provides for no reductions in as,,-,cssm,,ms
for 1996 through 2004. All those, years are bOrig discontinued without reduction. The Asse3sor has
agreed to settl for 2005 through 2008. reducing the ass, ssrmmis, cni th
�;om.prise portions of the former Irripurial Phaza a!kJa Home Depot Naza. not includinp the actual Florne
Mpot pa%O itsiAf, The petitioner and the Assessor have: agrcic!d to reducc the.: 005, ;0(,)6 . NO -7 and
2008 roll as outlinord in the annexed resolution. I concur with the Assessor- with respect tcthe �Citicrrtelli
and would respectfully request that the Toc n Bmird favorabla onsider the settlement as welt. The
Assessor Nvill provide Ou with �%halcvcr anal% SiS You requirce u-nder separate covur f'ir your delib�,n i. 11'
loll.
Pic ase nolu that the refunds wili be payable withow interest: to he paid -viffiin 60 days after
,NcrA,Ic,t, of tile C,,�Ur-z cirder, aN ith notice of ctiti-N.
Ven, truly.
GT,,,tJI;F,R-I & KLEIN. P.C�
H Y:
fz
S1- :'`hr
cc.- Chtis[ian H:�r'rons, Assessor
Lorcita Br-nellct, DepurNAss�cssor
Ch.ris NIaS71-crSOM, TmN n Clerk