Legislation Details

File #: 26-133    Version: 1 Name:
Type: Resolution Status: Current Business
File created: 4/3/2026 In control: Audit and Finance Committee
On agenda: 4/13/2026 Final action: 4/13/2026
Title: Authorization for Property Conveyance, Reacquisition by Former Owner, 26 Pfeil Ave., Town of Colonie, Tax Map No. 42.20-1-45
Attachments: 1. TMP- 7358 - Cover Letter, 2. RLA Form 7358, 3. 26 Pfeil Backup Documentation, 4. DOC032626-03262026164455, 5. 26-133 RULE 11 TMP 0000 - Sale of surplus property

REQUEST FOR LEGISLATIVE ACTION

Description (e.g., Contract Authorization for Information Services):

title

Authorization for Property Conveyance, Reacquisition by Former Owner, 26 Pfeil Ave., Town of Colonie, Tax Map No. 42.20-1-45

body

 

Date:                                                                4/3/2026

Department:                                          DMB

Attending Meeting:                     Chris Conway

Submitted By: Chris Conway                     

Title:                                            Operations Analyst

Phone:                       518-447-5566

 

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:                                          Enter text.

 

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:                      100%

State:                                           Enter text.                      Local:                                          Enter text.

 

County Budget Accounts:

Revenue Account and Line:                                           Gain From Sale of Property A11310-01053

Revenue Amount:                                                                                      $83,996.50                     

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:                     Enter text.

 

DESCRIPTION OF REQUEST: (state briefly why legislative action is requested)

The County foreclosed the property at 26 Pfeil Ave. in the Town of Colonie in July 2025. The former owner of the property secured certified funds in the amount of extinguished taxes.

Index #00885-17-000332, 2016L (COLONIE):

*DEED TO COUNTY SIGNED 7/10/2025  ENTERED 7/17/2025, INSTRUMENT # R2025-12772

*FINAL JUDGMENT SIGNED:  7/1/2025   ENTERED:  7/3/2025

*LAST DATE OF REDEMPTION:  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.