RESOLUTION NO. 51
AUTHORIZING THE CONVEYANCE OF VARIOUS PARCELS OF REAL PROPERTY TO THE ALBANY COUNTY LAND BANK CORPORATION
Introduced: 2/8/21
By Audit and Finance Committee:
WHEREAS, The County of Albany has acquired, through in rem foreclosure, judgement for five parcels of real property in the City of Albany, and
WHEREAS, The Albany County Land Bank Corporation (the “Land Bank”) has expressed an interest in acquiring these five parcels of real property to carry out its mission to revitalize and build communities, and
WHEREAS, It is in the best interests of County taxpayers to support the Land Bank in its efforts to develop affordable housing as a means to stabilize the neighborhood, encourage further development and return properties to the tax rolls, and
WHEREAS, Pursuant to the Albany County Disposition Plan adopted per Resolution No. 29 for 2019, the Albany County Department of Management and Budget has forwarded a spreadsheet detailing such parcels for conveyance to the Land Bank as annexed hereto, 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 the parcels of real property located in the City of Albany as indicated on the spreadsheet annexed hereto, to the Land Bank, and, be it further
RESOLVED, That the County Attorney is authorized to approve said conveyances 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.
