Supervisor ARGOTSINGER offered the following Resolution and moved its adoption:

RESOLUTION CONFIRMING COURT-ORDERED REFUND OF PROPERTY TAXES TO FULTON LAND ASSOCIATES FOR PARCEL IN THE TOWN OF JOHNSTOWN (TREASURER)

WHEREAS, pursuant to a settlement agreement between the parties and subject to Supreme Court Order, dated February 2, 2018, the assessment on Fulton Land Associates, LLC (SBL117.-3-9.2) in the Town of Johnstown, was reduced from $3,533,800.00 to $2,400,000.00; and

WHEREAS, the County is mandated to refund Fulton Land Associates (SBL 117.-3-9.2) County and local municipal taxes in the following sums:

2014 County Tax      $13,398.21
2015 County Tax        12,693.76
2016 County Tax        12,912.13
2017 County Tax        13,150.48
2018 County Tax        14,254.09
Total                          $66,408.67

now, therefore be it

RESOLVED, That the County Treasurer be and hereby is authorized to issue a refund, in the amount of $66,408.67 to Fulton Land Associates for overpayment of taxes on Parcel SBL 117.-3-9.2 in the Town of Johnstown, and be it further

RESOLVED, That certified copies of this Resolution be forwarded to the County Treasurer, Real Property Tax Services Agency Director, Johnstown Supervisor, Town of Johnstown Assessor, Budget Director/County Auditor and Administrative Officer/Clerk of the Board.

Seconded by Supervisor KINOWSKI and adopted by the following vote:

TOTAL: Ayes: 18 Nays: 0 Absent: 2 (Supervisors Groff and Waldron)

Resolutions