REQUEST FOR LEGISLATIVE ACTION
Description (e.g., Contract Authorization for Information Services):
title
Authorization for Property Conveyance, Reacquisition by Former Owner, 245 Northern BLVD, City of Albany, Tax Map number 65.57-2-64
body
Date: July 15, 2025
Department: Finance
Attending Meeting: David Reilly, Jeff Neal
Submitted By: Jeff Neal
Title: Director of Finance
Phone: 518-447-4912
Purpose of Request: Property Conveyance Enter text.
CONTRACT TERMS/CONDITIONS:
Party Names and Addresses:
Enter text.
Term: (Start/end date or duration) Enter text.
Amount/Raise Schedule/Fee: $27,778.00
BUDGET INFORMATION:
Is there a Fiscal Impact: Yes ☒ No ☐
Anticipated in Budget: Yes ☒ No ☐
Spreadsheet attached: Yes ☐ No ☒
Source of Funding - (Percentages)
Federal: Enter text. County: Enter text.
State: Enter text. Local: Enter text.
County Budget Accounts:
Revenue Account and Line: A1310 - 01051
Revenue Amount: $27,778.00
Appropriation Account and Line: Enter text.
Appropriation Amount: Enter text.
ADDITIONAL INFORMATION:
Mandated Program/Service: Yes ☐ No ☒
If Mandated, Cite Authority: Enter text.
Request for Bids / Proposals:
Competitive Bidding Exempt: Yes ☒ No ☐
# of Response(s): Enter text.
# of MWBE: Enter text.
# of Veteran Business: Enter text.
Bond Resolution No.: Enter text.
Apprenticeship Program Yes ☐ No ☒
Previous requests for Identical or Similar Action:
Resolution/Law Number and Date: RES #22-499 OF 12/5/2022
DESCRIPTION OF REQUEST: (state briefly why legislative action is requested)
The County foreclosed the property at 245 Northern Blvd in the City of Albany in July 2025. The former owner of the property secured certified funds in the amount of extinguished taxes later that week.
03032-18-001502; 17L, (ALBANY);
245 NORTHERN BLVD, City of Albany 65.57-2-64
*FINAL JUDGMENT GRANTED SIGNED: 7/1/2025 ENTERED: 7/3/2025
*REDEMPTION DATE=10/15/2024
The Albany County Disposition Plan prioritizes sales back to former owners to eliminate “surplus proceeds” claims under the new NYS RPTL language. Authorization to convey the parcel back to the former owner is recommended.