File #: 20-438    Version: 1 Name:
Type: Resolution Status: Passed
File created: 10/1/2020 In control: Audit and Finance Committee
On agenda: Final action: 11/9/2020
Title: RESCINDING THE AUTHORIZATION TO CONVEY REAL PROPERTY PURSUANT TO RESOLUTION NO. 29 FOR 2019 AND AUTHORIZING THE CONVEYANCE OF 117 CLINTON AVENUE (TAX MAP NO. 65.82-2-40) LOCATED IN THE CITY OF ALBANY
Sponsors: Audit and Finance Committee
Attachments: 1. 1. MGB Request for Legislative Action-Sale of 117 Clinton Ave-city of Albany, 2. 1969 RLA Form, 3. 1a. 117 clinton request letter, 4. 1b. Pre-Approval Commitment letter, 5. 3. Tax Map 117 Clinton Ave, 6. 3. 117 CLINTON AVE-Tax Biill, 7. 117 Clinton Avenue - Albany New York_Updated, 8. 4. Purchaser Review -117 Clinton Ave, 9. 5. 117 Clinton Ave Muni Notification, 10. 6. Advertising Proof Evangelist-117 Clinton Ave, 11. 6. Advertising Proof TU -117 Clinton Ave
RESOLUTION NO. 438

RESCINDING THE AUTHORIZATION TO CONVEY REAL PROPERTY PURSUANT TO RESOLUTION NO. 29 FOR 2019 AND AUTHORIZING THE CONVEYANCE OF 117 CLINTON AVENUE (TAX MAP NO. 65.82-2-40) LOCATED IN THE CITY OF ALBANY

Introduced: 11/9/20
By Audit and Finance Committee:

WHEREAS, By Resolution No. 29 for 2019, this Honorable Body authorized the conveyance of various parcels of real property acquired through in rem foreclosure to the Albany County Land Bank Corporation, including 117 Clinton Avenue (Tax Map No. 65.82-2-40) in the City of Albany, and

WHEREAS, James Borucinski has indicated an interest in acquiring this parcel for $70,406, and

WHEREAS, The Albany County Real Property Disposition Plan, adopted by Resolution No. 29 for 2019, implemented procedures for properties to be sold for economic development, now, therefore be it

RESOLVED, By the Albany County Legislature, that Resolution No. 29 for 2019 is hereby amended by rescinding the authorization to convey 117 Clinton Avenue (Tax Map No. 65.82-2-40) in the City of Albany, and, be it further

RESOLVED, That the County Executive is authorized to execute on behalf of the County any documents necessary to convey 117 Clinton Avenue (Tax Map No. 65.82-2-40) in the City of Albany to James Borucinski, 340 State Street, Apt. 3, Albany, NY 12210 for the amount of $70,406, and, be it further

RESOLVED, That James Borucinski shall be responsible for all closing costs and a pro-rated portion of the 2020-2021 Albany School taxes, all prior water, sewer and municipal charges not in the collection process of the Albany County Division of Finance as of the date of the property closing, as well as any and all water, sewer, municipal charges, and real estate taxes billed on and after January 1, 2021, and, be it further

RESOLVED, That the County Attorney is authorized to approve said conveyance as to form and content, and, be it further

RESOLVED, That the Clerk of the County Legislature ...

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