File #: 24-058    Version: 1 Name:
Type: Resolution Status: Passed
File created: 12/28/2023 In control: Audit and Finance Committee
On agenda: Final action: 2/12/2024
Title: AUTHORIZING THE CONVEYANCE OF REAL PROPERTY LOCATED AT 160 DARTMOUTH STREET (TAX MAP NO. 10.10-1-64) IN THE CITY OF COHOES
Sponsors: Audit and Finance Committee
Attachments: 1. 1. DMB Request Letter, 2. RLA FORM 4980, 3. 2. Milltown Homes Letter for Dartmouth (e), 4. 3a. Property Review, 5. 4. Info - 160 Dartmouth Street, 6. 4a. Incorporation Information, 7. 5. Picture 160 Dartmouth Street, 8. 6. Tax Bill, 9. 24-058 AF 8 - TMP-4980 - Abutting Owner 346-348 Second Street

RESOLUTION NO. 58

 

AUTHORIZING THE CONVEYANCE OF REAL PROPERTY LOCATED AT 160 DARTMOUTH STREET (TAX MAP NO. 10.10-1-64) IN THE CITY OF COHOES

 

Introduced: 2/12/24

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 160 Dartmouth Street (Tax Map No. 10.10-1-64) in the City of Cohoes, and

 

WHEREAS, Milltown Homes, LLC, an abutting property owner, has expressed an interest in acquiring the parcel for $20,000, and plans to rehabilitate the property to create more housing, and

 

WHEREAS, Revisions to the County’s Real Property Disposition Plan approved by Resolution No. 29 for 2019 allow for properties to be sold to abutting property owners, 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 property located at 160 Dartmouth Street (Tax Map No. 10.10-1-64) in the City of Cohoes to Milltown Homes, LLC, Cohoes, NY 12047 for $20,000, and, be it further

 

RESOLVED, That Milltown Homes, LLC shall be responsible for all closing costs as well as a pro-rated share of any and all property taxes owed on the property at the time of closing, 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 is directed to forward certified copies of this resolution to the appropriate County Officials.