RESOLUTION NO. 47
AUTHORIZING THE CONVEYANCE OF A PARCEL OF REAL PROPERTY IN THE CITY OF ALBANY TO THE ALBANY COUNTY LAND BANK CORPORATION
Introduced: 2/14/22
By Audit and Finance Committee:
WHEREAS, The County of Albany has acquired, through in rem foreclosure, judgment to a parcel 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 this parcels of real property located at 294 Lark Street (Tax Map No.76.31-2-71) in the City of Albany to carry out its mission to revitalize and build communities, and
WHEREAS, It is in the best interest 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, parcels may be discretionarily conveyed to the Land Bank, 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 294 Lark Street (Tax Map No.76.31-2-71) in the City of Albany 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.