2009-2692009-269
Resolution Authorizing Settlement of Tax Certiorari - Aimco Chelsea Ridge, 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 August 10, 2009.
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 Bettina and seconded by Supervisor
Colsey.
WHEREAS, there is now pending in the Dutchess County Supreme Court tax certiorari
proceeding commenced in 2005, 2006, 2007, 2008 and 2009 by Aimco Chelsea Ridge, LLC., regarding
Grid Nos. 6056-01-373534; 6056-01-468615; 6056-02-506726; 6056-02-540718; 6056-02-558539; 6056-
02-590514; 6056-02-590610; 6056-02-621570; and 6056-02-635539, seeking a reduction in the 2005
through 2009 tax assessment for those respective tax rolls; and
WHEREAS, the Town Assessor and Special Counsel recommend a settlement on this tax review
proceeding; and
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
years 2005 through 2009, as it pertains to Grid Nos. 6056-01-373534; 6056-01-468615; 6056-02-
506726; 6056-02-540718; 6056-02-558539; 6056-02-590514; 6056-02-590610; 6056-02-621570 and
cncc Al 42c42o ll.,a,o•
VV JV-VL-VJJ ✓J7, UJ lolly vv J.
Tax Year Original Total
Assessment
Revised Total
Assessment
Reduction
2005 18,380,000
18,380,000
-0-
2006 18,380,000
18,380,000
-0-
2007 70,159,700
60,790,700
9,369,000
2008 70,126,500
60,790,700
99335,800
2009 70,126,500
60,790,700
9,335,800
part
BE IT FURTHER RESOLVED, that the allocation of the assessment reauction snail be as wo- .
1..-1— a- -;1.0.1 -r-1i ,.,.c•
1lJ U1Q11
TAX TAX MAP NO.
YEAR
ORIGINAL
A.V.
REDUCTION
FINAL A.V.
2007/08
135689-6056-01-373534-0000
$24,000,000
$3,242,000
$20,758,0.00
2007/08
135689-6056-01-468615-0000
$28,000,000
$3,782,000
.$24,218;000
2007/08
135689-6056-02-506726-0000
$ 150,500
$ -0-
$ 150,500
2007/08
135689-6056-02-540718-0000
$ 63,800
$ -0-
$ 63,800
2007/08
135689-6056-02-558539-0000
$ 369,000
$ 50,000
$ 319,000
2007/08
135689-6056-02-590514-0000
$14,000,000
$1,890,000
$12,110,000
2007/08
135689-6056-02-590610-0000
$ 475,400
$ -0-
$ 475,400
2007/08
135689-6056-02-621570-0000
$ 101,000
$ -0-
$ 101,000
2007/08
135689-6056-02-635539-0000
$ 3,000,000
$ 405,000
$ 2,595,000
2007/08
TOTAL:
$70,159,700
1 $9,369,000
$60,790,700
TAX
YEAR
TAX MAP NO.
ORIGINAL
A.V.
REDUCTION
FINAL A.V.
2008/09
135689-6056-01-373534-0000
$24,000,000
$3,235,000
$20,765,000
2008/09
135689-6056-01-468615-0000
$28,000,000
$3,775,000
$24,225,000
2008/09
135689-6056-02-506726-0000
$ 150,500
$ -0-
$ 150,500
2008/09
135689-6056-02-540718-0000
$ 63,800
$ -0-
$ 63,800
2008/09
135689-6056-02-558539-0000
$ 335,800
$ 43,800
$ 292,000
2008/09
135689-6056-02-590514-0000
$14,000,000
$1,880,000
$12,120,000
2008/09
135689-6056-02-590610-0000
$ 475,400
$ -0-
$ 475,400
2008/09
135689-6056-02-621570-0000
$ 101,000
$ -0-
$ 101,000
2008/09
135689-6056-02-635539-0000
$ 3,000,000
$ 402,000
$ 2,598,000
2008/09
TOTAL.
$70,126,500
$9,335,800
$603790,700
TAX
YEAR
TAX MAP NO.
ORIGINAL
A.V.
REDUCTION
FINAL A.V.
2009/10
135689-6056-01-373534-0000
$24,000,000
$3,235,000
$20,765,000
2009/10
135689-6056-01-468615-0000
$28,000,000
$3,775,000
$24,225,000
2009/10
135689-6056-02-506726-0000
$ 150,500
$ -0-
$ 1501500
2009/10
135689-605&02-540718-0000
$ 63,800
$ -0-
$ 63,800-
2009/10
- 135689-6056-02-558539-0000
$- 335,800
$ 43,800
$ -292,000
2009/10
135689-6056-02-590514-0000
$14,000,000
$1,880,000
$12;120,000
2009/10
135689-6056-02-590610-0000
$ 475,400
$ -0-
$ .: 475,400
2009/10
135689-6056-02-621570-0000
$ - 101,000
$ -0-
$ - 1 101,000
2009/10
135689-6056-02-635539-0000
$ 3,000,000
$ 402,000
$ 2,598;000
2009/10
TOTAL:
$70,126,500
$9,335,800
$60,790,700
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
8/10/2009
The Resolution is hereby duly declared adopted.
O C. MASTERSON, TOWN CLERK