File #: 23-107    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/27/2023 In control: Audit and Finance Committee
On agenda: Final action: 3/13/2023
Title: RESCINDING AUTHORIZATION TO CONVEY REAL PROPERTY PURSUANT TO RESOLUTION NOS. 346 AND 399 FOR 2019 AND AUTHORIZING THE CONVEYANCE OF 393 SHERIDAN AVENUE (TAX MAP NO. 65.63-1-30.1) AND 766 CLINTON AVENUE (TAX MAP NO. 65.37-2-36) IN THE CITY OF ALBANY
Sponsors: Audit and Finance Committee
Attachments: 1. 1. DMB Request, 2. 4031 RLA Form, 3. 2. Request for Properties, 4. 501c3 (M), 5. 4b. Universal Concepts-Property Review, 6. 5. Proof of Advertising, 7. 6. 393 Sheridan 766 Clinton Notification, 8. 7. Tax Information, 9. Info-393 Sheridan Avenue(M), 10. Info 766 Clinton Avenue (M), 11. 23-107 AF 6 - TMP 4031 - Conveyance rescind 393 sheridan and 766 clinton

RESOLUTION NO. 107

 

RESCINDING AUTHORIZATION TO CONVEY REAL PROPERTY PURSUANT TO RESOLUTION NOS. 346 AND 399 FOR 2019 AND AUTHORIZING THE CONVEYANCE OF 393 SHERIDAN AVENUE (TAX MAP NO. 65.63-1-30.1) AND 766 CLINTON AVENUE (TAX MAP NO. 65.37-2-36) IN THE CITY OF ALBANY

 

                     Introduced: 3/13/23

                     By Audit and Finance Committee:

 

WHEREAS, By Resolution No. 399  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 766 Clinton Avenue (Tax Map No. 65.37-2-36) in the City of Albany, and

 

WHEREAS, By Resolution Nos. 346 for 2019, this Honorable Body authorized the conveyance of various parcels of real property acquired through in rem foreclosure to the ACLB Holdings LLC., including 393 Sheridan Avenue (Tax Map No. 65.63-1-30.1) in the City of Albany, and

 

                     WHEREAS, Universal Concepts I T P Inc. has expressed an interest in acquiring these parcels to serve both veterans, providing housing and assistance, and youth in need, conducting group sessions which will contribute to the guiding of youth to a better quality of life, and

 

WHEREAS, The Albany County Real Property Disposition Plan, adopted by Resolution No. 29 for 2019, states that “properties which will be conveyed by the County to not-for-profit/non-profit entities for use for a public purpose” are permitted, now, therefore, be it

 

RESOLVED, By the Albany County Legislature, that Resolution Nos. 346 and 399 for 2019 are hereby amended by rescinding the authorization to convey 393 Sheridan Avenue (Tax Map No. 65.63-1-30.1) and 766 Clinton Avenue (Tax Map No. 65.37-2-36) in the City of Albany to ACLB Holdings, LLC. and the Albany County Land Bank, respectively, and, be it further

 

                     RESOLVED, That the County Executive is authorized to execute on behalf of the County any documents necessary to convey 393 Sheridan Avenue (Tax Map No. 65.63-1-30.1) and 766 Clinton Avenue (Tax Map No. 65.37-2-36) in the City of Albany, to Universal Concepts I T P Inc., 30 Magnolia Terrace, Albany NY 12209 for $1.00 each, and, be it further

 

RESOLVED, That Universal Concepts I T P Inc. shall be responsible for any and all closing costs, and a pro-rated share of any current real property taxes which are owed on the property at the time of the closing, 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.