File #: 25-080    Version: 1 Name:
Type: Resolution Status: Passed
File created: 1/2/2025 In control: Audit and Finance Committee
On agenda: Final action: 3/10/2025
Title: AUTHORIZING THE CONVEYANCE OF REAL PROPERTY LOCATED AT 75 CLINTON AVENUE (TAX MAP NO. 65.82-4-40) AND 77 CLINTON AVENUE (TAX MAP NO. 65.82-4-41) IN THE CITY OF ALBANY
Sponsors: Audit and Finance Committee
Attachments: 1. TMP-6260 Cover Letter, 2. RLA Form 6260, 3. GARLAND MEMO 2024, 4. STIPULATION AGREEMENT, 5. Deposit Transmittal_Redacted, 6. 75 CLINTON FEB 2023, 7. 77 CLINTON FEB 2023, 8. 25-080 AF 2 - TMP-6260 - Stipulation Agreement and Conveyance Imm Former Owner
RESOLUTION NO. 80

AUTHORIZING THE CONVEYANCE OF REAL PROPERTY LOCATED AT 75 CLINTON AVENUE (TAX MAP NO. 65.82-4-40) AND 77 CLINTON AVENUE (TAX MAP NO. 65.82-4-41) IN THE CITY OF ALBANY

Introduced: 3/10/25
By Audit and Finance Committee:

WHEREAS, The County of Albany has acquired through "in rem" foreclosure title to two parcels of real property located at 75 Clinton Avenue (Tax Map No. 65.82-4-40) and 77 Clinton Ave (Tax Map No. 65.82-4-41) in the City of Albany, and

WHEREAS, The estate of the immediate former owner of the property, Benjamin Garland, has expressed an interest in reacquiring the parcels of real property located at 75 Clinton Avenue (Tax Map No. 65.82-4-40) and 77 Clinton Ave (Tax Map No. 65.82-4-41) in the City of Albany, and resolving litigation regarding said parcels, and

WHEREAS, The estate of Benjamin Garland and the County of Albany have agreed to a stipulation agreement to resolve all litigation regarding these parcels and return them to the estate of Benjamin Garland upon payment of $200,000 to Albany County, 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 must be reinstated, now, therefore, be it

RESOLVED, By the Albany County Legislature, that the County Executive is authorized to execute on behalf of the County any and all documents necessary to convey the two parcels of real property located at 75 Clinton Avenue (Tax Map No. 65.82-4-40) and 77 Clinton Ave (Tax Map No. 65.82-4-41) in the City of Albany to the estate of the immediate former owner of the property, Benjamin Garland for the amount of $200,000, and, be it further

RESOLVED, That such conveyances shall fully comport with the terms and conditions of the stipulation agreement entered into by the estate of Benja...

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