RESOLUTION NO. 87
AUTHORIZING THE CONVEYANCE OF REAL PROPERTY LOCATED AT 143 MONTGOMERY STREET (TAX MAP NO. 65.20-2-29) AND 6 COLONIE STREET (TAX MAP NO. 65.20-2-37) IN THE CITY OF ALBANY
Introduced: 3/14/22
By Audit and Finance Committee:
WHEREAS, The County of Albany has withdrawn two parcels of real property located at 143 Montgomery Street (Tax Map No. 65.20-2-29) and 6 Colonie Street (Tax Map No. 65.20-2-37) in the City of Albany from filed in rem foreclosure proceedings, and
WHEREAS, Pursuant to the Albany County Disposition Plan adopted per Resolution No. 29 for 2019, a sealed bid process may be used regarding the conveyance of withdrawn real property, and
WHEREAS, The Commissioner of the Department of Management and Budget has indicated that the County received one sealed bid for said parcel, and has recommended that the parcels be conveyed to CW Skyway LLC for the total amount of $50,000, 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 143 Montgomery Street (Tax Map No. 65.20-2-29) and 6 Colonie Street (Tax Map No. 65.20-2-37) in the City of Albany to CW Skyway LLC for the total amount of $50,000, and, be it further
RESOLVED, That CW Skyway LLC shall be responsible for all closing costs, as well as any and all real estate taxes, property taxes, school taxes, water, sewer, and municipal charges or fees not in the collection process of the Albany County Division of Finance at the date of the closing, 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.