File #: 21-159    Version: 1 Name:
Type: Resolution Status: Passed
File created: 3/3/2021 In control: Audit and Finance Committee
On agenda: Final action: 5/10/2021
Title: RESCINDING THE AUTHORIZATION TO CONVEY REAL PROPERTY PURSUANT TO RESOLUTION NO. 439 FOR 2020 AND AUTHORIZING THE CONVEYANCE OF 19 LEXINGTON AVENUE (TAX MAP NO. 65-56.3-38) LOCATED IN THE CITY OF ALBANY
Sponsors: Audit and Finance Committee
Attachments: 1. 1. DMB Letterhead DRCW-19 Lexington Ave, 2. 2347 RLA Form, 3. 2. Request for Property, 4. 3. Purchaser Review - 19 Lexington Ave, 5. 3. NYS Department Corp Info, 6. Land Bank Support-19 Lexington Avenue, 7. 5. Tax Bill - 19 Lexington Ave, 8. 6. Tax Map 19 Lexington, 9. Info 19 Lexington Ave, 10. 21-159 AF 9 - TMP 2347 - 19 Lexington Ave Albany

RESOLUTION NO. 159

 

RESCINDING AUTHORIZATION TO CONVEY REAL PROPERTY PURSUANT TO RESOLUTION NO. 439 FOR 2020 AND AUTHORIZING THE CONVEYANCE OF 19 LEXINGTON AVENUE (TAX MAP NO. 65.56-3-38) IN THE CITY OF ALBANY

 

                     Introduced: 5/10/21

                     By Audit and Finance Committee:

 

WHEREAS, By Resolution No. 439 for 2020, 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 19 Lexington Avenue (Tax Map No. 65.56-3-38) in the City of Albany, and

 

                     WHEREAS, TBE Property Management, LLC, an abutting property owner, has expressed an interest in acquiring this parcel, and have indicated plans to clean up and rehabilitate the property to help provide housing for veterans, and

 

WHEREAS, The Albany County Real Property Disposition Plan, adopted by Resolution No. 29 for 2019, implemented procedures for properties to be sold to abutting property owners, now, therefore, be it

 

RESOLVED, By the Albany County Legislature, that Resolution No. 439 for 2020 is hereby amended by rescinding the authorization to convey 19 Lexington Avenue (Tax Map No. 65.56-3-38) in the City of Albany, and, be it further

 

                     RESOLVED, That the County Executive is authorized to execute on behalf of the County any documents necessary to convey 19 Lexington Avenue (Tax Map No. 65.56-3-38) in the City of Albany, to TBE Property Management, LLC, 17 Lexington Avenue, Albany, NY 12207, for the amount of $9,000, and, be it further

 

RESOLVED, That TBE Property Management, LLC shall be responsible for all closing costs, a pro-rated portion of the 2020-2021 Albany School taxes, a pro-rated portion of the 2021 Property taxes, and all taxes, water and sewer and other charges billed on and after the date 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.