RESOLUTION NO. 347
AUTHORIZING THE CONVEYANCE OF REAL PROPERTY LOCATED AT 960 COUNTY ROUTE 401 (TAX MAP NO. 139.9-3-1) IN THE TOWN OF WESTERLO
Introduced: 8/14/23
By Audit and Finance Committee:
WHEREAS, By Resolution No. 398 for 2019, this Honorable Body authorized the conveyance of various parcels of real property acquired through in rem foreclosure to the Albany County Land Bank Corporation, including 960 County Route 401 (Tax Map No. 139.9-3-1) in the Town of Westerlo, and
WHEREAS, George Bailey, the immediate former owner of the property, has expressed an interest in acquiring the parcel and has committed to paying the full amount of taxes, interest, and penalties due for the property, and
WHEREAS, The Albany County Real Property Disposition Plan, adopted by Resolution No. 29 for 2019, implemented procedures for properties to be sold to immediate former owners, including that any and all liens extinguished as a result of the foreclosure shall be reinstated, now, therefore, be it
RESOLVED, By the Albany County Legislature, the County Executive is authorized to execute on behalf of the County any documents necessary to convey 960 County Route 401 (Tax Map No. 139.9-3-1) in the Town of Westerlo to George Bailey for the amount of all delinquent real property taxes owing to the County on said property as of the date it was foreclosed upon “in rem” by the County with interest on said amount at the rate of 12% per annum computed to the date upon which the conveyance back of said property is made by the County, and, be it further
RESOLVED, That the aforementioned amount due shall also include the amount of any and all out-of-pocket costs and expenses incurred by the County in connection with said property following the date of its foreclosure “in rem” by the County including, but not limited to, real property and school taxes, special assessments, municipal fees and charges, and maintenance and repairs, and, be it further
RESOLVED, That any and all liens upon the property which were previously extinguished as a result of the foreclosure action shall be deemed reinstated and restored pursuant to the Albany County Real Property Disposition Plan, adopted by Resolution No. 29 for 2019, and, be it further
RESOLVED, That the County Attorney is authorized to approve said conveyance as to form and content, and, be it further
RESOLVED, That the Clerk of the County Legislature is directed to forward certified copies of this resolution to the appropriate County Officials.