RESOLUTION NO. 444
AUTHORIZING THE CONVEYANCE OF REAL PROPERTY LOCATED AT 1569 NEW SCOTLAND ROAD (TAX MAP NO. 85.5-1-24) IN THE TOWN OF BETHLEHEM
Introduced: 11/8/21
By Audit and Finance Committee:
WHEREAS, The County of Albany has acquired, through in rem foreclosure, title to a parcel of real property located at 1569 New Scotland Road (Tax Map No. 85.5-1-24) in the Town of Bethlehem, and
WHEREAS, Pursuant to the Last Will and Testament of Robert N. Zautner Sr., the immediate former owner, the parcel was to be distributed to his son, Robert N. Zautner Jr., and
WHEREAS, Robert N. Zautner Jr., has expressed an interest in acquiring the aforementioned property and restoring it to its former use, and has indicated that he is committed to paying $197,051.77 for the parcel, which represents the full amount of taxes, interest, penalties, reimbursement and closing costs necessary to acquire the property, now, therefore be it
RESOLVED, By the Albany County Legislature that the County Executive is authorized to execute on behalf of the County any documents necessary to convey 1569 New Scotland Road (Tax Map No. 85.5-1-24) in the Town of Bethlehem for $197,051.77, with any additional interest, penalties and closing costs to be adjusted for at the time of closing, to Robert N. Zautner Jr., in accordance with the Last Will and Testament of the immediate former owner, Robert N. Zautner Sr., and, be it further
RESOLVED, That any and all liens upon the property which were previous extinguished as a result of the foreclosure action shall be deemed reinstated and restored, and, be it further
RESOLVED, That Robert N. Zautner, Jr. shall be responsible for any additional interest and penalties, at the rate of 12% per annum computed to the date upon which the conveyance back of said property is made by the County that have accrued on the delinquent taxes for this property, as well as the recoupment of all out-of-pocket costs and e...
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