HomeMy WebLinkAbout483422-002Aurora R. Valenti
TOMPKINS COUNTY CLERK
320 North Tioga Street
Ithaca, NY 14850
607-274-5431
Fax. 607-274-5445
No. of Pages 2
Receipt No. 483422
DATE: 12/15/2005
Time. 03:20 PM
Document Type: MISC RECORDS
Parties To Transaction. TOWN OF ITHACA
Deed Information
Consideration:
Transfer Tax:
RETT No.
INSTRUMENT NUMBER
*483422-002*
Delivered By: BARNEY GROSSMAN DUBOW M
Return To:
Mortnage Information
Mortgage Amount
Basic Mtge. Tax:
Special Mtge. Tax:
Additional Mtge. Tax:
State of New York
Tompkins County Clerk Mortgage Serial No.:
This sheet constitutes the Clerk endorsement required by Section 316 A(5) & Section 319 of the Real
Property Law of the State of New York. DO NOT DETACH
Tompkins County Clerk
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RESOLUTION NO. 132 - AUTHORIZING THE COUNTY ADMINISTRATOR TO EXECUTE
A DEED WITH THE TOWN OF ITHACA FOR THE SALE OF
TAX PARCEL NO.24.-4-13, LOCATED IN THE TOWN OF
ITHACA
MOVED by Ms. Herrera, seconded by Mr. Totman,
WHEREAS, the County acquired tax parcel no. 24.4-13 in the Town of Ithaca in 1956 as part
of the properties transferred to the County by the State of New York when the Biggs Tuberculosis
Hospital facilities were conveyed to the County, and
WHEREAS, since the 1960s, the Town of Ithaca has owned, operated, and maintained the water
tank and related right of way as part of the Town's water district, and
WHEREAS, said parcel was identified as surplus property with no strategic value to the County
in the 1998 County Land Inventory and each subsequent update to the Inventory, and
WHEREAS, the County approached the Town of Ithaca about transferring ownership and
liability of the water tank to the Town of Ithaca and the Town responded with a letter from Attorney
John C. Barney stating the Town's willingness to take responsibility for the tank, and
WHEREAS, the Town has proposed a Bargain and Sale Deed to purchase the parcel for $1.00,
as outlined in the Bargain and Sale Deed dated February, 2005, and
WHEREAS, County Administrative Policy No. 01-07 (Land Transactions) requires that
whenever the Legislature decides to negotiate a sale for less than the fair market value for real property,
the resolution conveying the property shall clearly state the public purpose served by conveying for this
price and it shall include the estimate of the fair market value of the property at its highest and best use
as prepared by the Assessment Department, and
WHEREAS, the Assessment Department has determined that the fair market value of the
property is $300,000, and
WHEREAS, the reason that this property is being conveyed for $1.00 is to relieve the County of
liability, operation, and maintenance concerns resulting from owning a water tank that is an integral part
of an actively operated public water system, now therefore be it
RESOLVED, on recommendation of the Planning, Development and Environmental Quality
Committee, That the Bargain and Sale Deed is confirmed and that the County Administrator is
authorized to execute the deed and closing paperwork.
SEQR ACTION: Unlisted
(Short EAF and Negative Declaration on file with Clerk of the Legislature)
***********
RESOLUTION NO.132 - AUTHORIZING THE COUNTY ADMINISTRATOR TO EXECUTE
A DEED WITH THE TOWN OF ITHACA FOR THE SALE OF
TAX PARCEL NO. 24. 4-13, LOCATED IN THE TOWN OF
ITHACA
cc: Administration - Via Network
Finance
Public Works
Planning
STATE OF NEW YORK )
) ss:
COUNTY OF TOMPKINS )
I hereby certify that the foregoing is a true and correct transcript of a resolution adopted by the
Tompkins County Legislature on the 19'h day of July, 2005.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the seal of the said Legislature at Ithaca, New York,
this 200' day of July, 2005.
Clerk
Tompkins County Legislature