Skip to main content
File #: TMP-7239    Version: 1 Name:
Type: RLA Status: Agenda Ready
File created: 2/24/2026 In control: Audit and Finance Committee
On agenda: Final action:
Title: AUTHORIZING THE CONVEYANCE OF A PARCEL OF REAL PROPERTY LOCATED AT 475 SECOND ST (TAX MAP NO. 65.47-1-293) IN THE CITY OF ALBANY
Sponsors: Audit and Finance Committee
Attachments: 1. TMP- 7239 - Cover Letter, 2. RLA Form 7239, 3. 475 2nd St. Offer Letter, 4. DOC022426-02242026124224, 5. EXTINGUISHED TAXES, 6. real-info.com _ realRecord™ 475 SECOND
Date Ver.Action ByActionResultAction DetailsMeeting Details
No records to display.

REQUEST FOR LEGISLATIVE ACTION

Description (e.g., Contract Authorization for Information Services):

Authorizing the conveyance of a parcel of real property located at 475 2nd St. (Tax Map No. 65.47-1-29) in the City of Albany

 

Date:                                                                2/24/2026

Department:                                          DMB

Attending Meeting:                     Dave Reilly, Chris Conway

Submitted By: Chris Conway                     

Title:                                            Operations Analyst

Phone:                       518-447-5566

 

Purpose of Request:  Property Conveyance                         Enter text.

 

CONTRACT TERMS/CONDITIONS:

Party Names and Addresses:
Abdus Samad - 473 Second St. Albany, NY 12206

 

Term: (Start/end date or duration)                      Enter text.

Amount/Raise Schedule/Fee:                                          Enter text.

 

BUDGET INFORMATION:

Is there a Fiscal Impact:                                                                Yes No

Anticipated in Budget:                                           Yes No

Spreadsheet attached:                                          Yes No

 

Source of Funding - (Percentages)

Federal:                     Enter text.                      County:                      100%

State:                                           Enter text.                      Local:                                          Enter text.

 

County Budget Accounts:

Revenue Account and Line:                                           Gain From Sale of Property A11310-01053

Revenue Amount:                                                                                      $5,000                     

Appropriation Account and Line:                                            Enter text.

Appropriation Amount:                                                                Enter text.

 

ADDITIONAL INFORMATION:

Mandated Program/Service:                                          Yes No

If Mandated, Cite Authority:                                          Enter text.

Request for Bids / Proposals:

                     Competitive Bidding Exempt:                     Yes No

# of Response(s):                                                               Enter text.

                     # of MWBE:                                                                                    Enter text.

# of Veteran Business:                                          Enter text.

Bond Resolution No.:                                                               Enter text.

Apprenticeship Program                                                               Yes No

 

Previous requests for Identical or Similar Action:

Resolution/Law Number and Date:                     25-481 - November 10, 2025

 

DESCRIPTION OF REQUEST: (state briefly why legislative action is requested)

Legislative authorization is requested to convey the Countyowned vacant lot at 475 2nd St. (Tax Map No. 65.47129), located in the City of Albany, to Abdus Samad, an adjoining property owner who intends to use the parcel for parking to support his existing property.