2003-078RESOLUTION NO. 7 q 2003
RESOLUTION TO AUTHORIZE REDUCTION IN TAX ASSESSMENT
The following Resolution was introduced by Mr_ colsey
and seconded by Mr. Paoloni
WHEREAS, TGS Associates by their attorney Gerard J. Pisanelli, Esq.,
commenced an action against the Town of Wappinger in each of the three (3) tax years
1999, 2000, and 2001 seeking a reduction in assessment in each of those years; and
WHEREAS it has been determined that it is in the best interest of the Town
of Wappinger to resolve such three claims in accordance with the Order and Judgment
Reducing Assessment on Stipulation which reduces the assessed valuation: ( i ) in tax
year 2000 from $1,150,000. to $452,410.; and ( ii ) in tax year 2001 from $1,150,000. to
$382,590.; and contingent upon the discontinuance of the proceedings pending
for tax year 1999; and further only so long as the corresponding assessments
by the Village of Wappingers Falls do not in any way exceed such reduced valuations.
NOW, THEREFORE, BE IT RESOLVED, that Emanuel F. Saris, Special
Counsel to the Town of Wappinger for Tax Certiorari matters, is authorized to sign
the attached Order and Judgment Reducing Assessments on Stipulation on behalf
of the Town of Wappinger.
The foregoing was put to a vote which resulted as follows:
JOSEPH RUGGIERO, Supervisor Voting Aye
ROBERT L. VALDATI, Councilman Voting Absent
VINCENT F. BETTINA, Councilman Voting Aye
JOSEPH P. PAOLONI, Councilman Voting Nay
CHRISTOPHER J. COSEY, Councilman Voting Aye
Dated: W in ers Falls, New York
2003
The Resolution is hereby duly declared adopted.
0
GLORIA J. MO S N CLERK