File #: 21-127    Version: 1 Name:
Type: Resolution Status: Passed
File created: 2/10/2021 In control: Audit and Finance Committee
On agenda: Final action: 4/12/2021
Title: RESCINDING THE AUTHORIZATION TO CONVEY REAL PROPERTY PURSUANT TO RESOLUTION NOS. 159 AND 549 FOR 2019 AND AUTHORIZING THE CONVEYANCE OF 443 NORTH PEARL STREET (TAX MAP NO. 65.12-4-24) IN THE CITY OF ALBANY
Sponsors: Audit and Finance Committee
Attachments: 1. 1. DMB Request Letter-443 North Peral Street, 2. 2302 RLA Form, 3. 2. Request for 443 N Pearl Street, 4. 2a. Pictures, 5. 3. Purchaser Review - 443 N Pearl Street, 6. Map of 443 N Pearl Street, 7. 4. 19-154 - Land Conveyance 443 North Pearl Street, 8. 5. 19-549-Extension, 9. 6. Incorporation Info, 10. 7. Tax Bill 443 N Pearl St, 11. Info 443 N Pearl St, 12. 21-127 AF 14 - TMP 2302 - rescind and conveyance 443 N. Pearl street in albany

RESOLUTION NO. 127

 

RESCINDING THE AUTHORIZATION TO CONVEY REAL PROPERTY PURSUANT TO RESOLUTION NOS. 159 AND 549 FOR 2019 AND AUTHORIZING THE CONVEYANCE OF 443 NORTH PEARL STREET (TAX MAP NO. 65.12-4-24) IN THE CITY OF ALBANY

 

Introduced:  4/12/21

                     By Audit and Finance Committee:

 

WHEREAS, By Resolution Nos. 159 and 549 for 2019, this Honorable Body authorized the conveyance of real property located at 443 North Pearl Street (Tax Map No. 65.12-4-24) in the City of Albany to Mr. Jason Pierce for $90,000, and

 

                     WHEREAS, Watters Real Property LLC., an abutting property owner, has indicated an interest in acquiring this parcel for $30,000, and

 

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

 

                     RESOLVED, By the Albany County Legislature, that Resolution Nos. 159 and 549 for 2019 are hereby rescinded and repealed, and, be it further

 

                     RESOLVED, That the County Executive is authorized to execute on behalf of the County any documents necessary to convey 443 North Pearl Street (Tax Map No. 65.12-4-24) in the City of Albany to Watters Real Property LLC., 1054 Broadway, Albany, NY 12204 for the amount of $30,000, and, be it further

 

RESOLVED, That Watters Real Property LLC. shall be responsible for all closing costs, a pro-rated portion of the 2020-2021 Albany School taxes, a pro-rated portion of the 2021 Property taxes, and all taxes, water and sewer and other charges billed on and after the date if the 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.