City Council

TROY CITY COUNCIL FINANCE COMMITTEE AGENDA November 15, 2018 6:00 P.M. Pledge of Allegiance Roll Call Public Forum LOCAL LAWS ORDINANCES 125. Ordinance Authorizing And Directing Sale By The Proposal Sale Method Of City-Owned Real Property (70.65-4-16). (Council President Mantello) (At the Request of the Administration) 126. Ordinance Authorizing And Directing Sale By The Proposal Sale Method Of City-Owned Real Property (80.48-7-24). (Council President Mantello) (At the Request of the Administration) 127. Ordinance Authorizing And Directing Sale By The Proposal Sale Method Of City-Owned Real Property. (Council President Mantello) (At the Request of the Administration) RESOLUTIONS TABLED LEGISLATION 2018  ORD. #125 ORDINANCE AUTHORIZING AND DIRECTING SALE BY THE PROPOSAL SALE METHOD OF CITY-OWNED REAL PROPERTY (70.65-4-16) The City of Troy, in City Council convened, ordains as follows: Section 1. Pursuant to Section 83-8 of the Troy Code, the Bureau of Surplus Property accepted bids at proposal sale on the hereinafter described properties as outlined below. Section 2. The Mayor is hereby authorized and directed to sell and convey the hereinafter described real property to the following named purchasers for the sums below indicated which is hereby determined to be a fair price for the same without the necessity of competitive bidding and upon the terms and conditions set forth below. Section 3. The Mayor is hereby empowered to execute and deliver to the said bidder or bidders a quit claim deed conveying said premises hereinafter described, but said conveyance is to be made expressly subject to the conditions hereinafter set forth. Section 4. The purchaser, purchase price and terms and conditions of sales are as follows: Class Class Tax Map # Location AV Code Description Bidder's Name Bid Vacant Lansingburgh Little 70.65-4-16 Third Ave $42,500 311 Land League $100.00 TERMS AND CONDITIONS: Properties will be conveyed to the prospective purchasers by Quit Claim Deed and be subject to any easement or restriction of record. Further; Purchaser shall be liable for and pay all closing costs related to this sale including, but not limited to: filing fees, deed stamps, survey, title report, environmental reports & cleanup and attorneys fees. Section 5. This Ordinance shall take effect immediately. Approved as to form, November 9, 2018 ____________________________________ James A. Caruso Esq., Corporation Counsel ORD#125 ORD#125  ORD. #126 ORDINANCE AUTHORIZING AND DIRECTING SALE BY THE PROPOSAL SALE METHOD OF CITY-OWNED REAL PROPERTY (80.48-7-24) The City of Troy, in City Council convened, ordains as follows: Section 1. Pursuant to Section 83-8 of the Troy Code, the Bureau of Surplus Property accepted bids at proposal sale on the hereinafter described properties as outlined below. Section 2. The Mayor is hereby authorized and directed to sell and convey the hereinafter described real property to the following named purchasers for the sums below indicated which is hereby determined to be a fair price for the same without the necessity of competitive bidding and upon the terms and conditions set forth below. Section 3. The Mayor is hereby empowered to execute and deliver to the said bidder or bidders a quit claim deed conveying said premises hereinafter described, but said conveyance is to be made expressly subject to the conditions hereinafter set forth. Section 4. The purchaser, purchase price and terms and conditions of sales are as follows: Tax Class Class Bidder's Map # Location AV Code Description Name Bid 80.48-7- 658 Third Shay 24 Ave $90,000 210 1 Family White $2,750.00 TERMS AND CONDITIONS: Properties will be conveyed to the prospective purchasers by Quit Claim Deed and be subject to any easement or restriction of record. Further; Purchaser shall be liable for and pay all closing costs related to this sale including, but not limited to: filing fees, deed stamps, survey, title report, environmental reports & cleanup and attorneys fees. Section 5. This Ordinance shall take effect immediately. Approved as to form, November 9, 2018 ____________________________________ James A. Caruso Esq., Corporation Counsel ORD#126 ORD#126  ORD. #127 ORDINANCE AUTHORIZING AND DIRECTING SALES BY THE PROPOSAL SALE METHOD OF CITY-OWNED REAL PROPERTIES The City of Troy, in City Council convened, ordains as follows: Section 1. Pursuant to Section 83-8 of the Troy Code, the Bureau of Surplus Property accepted bids at proposal sale on the hereinafter described properties as outlined below. Section 2. The Mayor is hereby authorized and directed to sell and convey the hereinafter described real property to the following named purchasers for the sums below indicated which is hereby determined to be a fair price for the same without the necessity of competitive bidding and upon the terms and conditions set forth below. Section 3. The Mayor is hereby empowered to execute and deliver to the said bidder or bidders a quit claim deed conveying said premises hereinafter described, but said conveyance is to be made expressly subject to the conditions hereinafter set forth. Section 4. The purchaser, purchase price and terms and conditions of sales are as follows: Class Class Tax Map # Location AV Code Description Bidder's Name Bid 90.47-5-19 6 Grace Ct $80,000 220 2 Family Connor Zanda $2,500.00 Lozier Property Management 90.63-6-9 13 W Sunnyside $76,000 210 1 Family LLC $3,000.00 404-406 Ninth 90.71-9-18 St $150,000 411 Apartment Adam Smith $834.67 101.22-3- 12 2623 Sixth Ave $6,300 311 Vacant Land Thoreau Gardens Ltd $100.00 111.36-8-9 403 Third St $62,000 220 2 Family Sidney Fleisher $1,200.00 111.60-2- 15 South River 22 St $74,000 210 1 Family Daniel Killian $2,500.00 112.21-3- 10 63 Ida St $4,500 311 Vacant Land Evika Wood $300.00 TERMS AND CONDITIONS: Properties will be conveyed to the prospective purchasers by Quit Claim Deed and be subject to any easement or restriction of record. Further; Purchaser shall be liable for and pay all closing costs related to this sale including, but not limited to: filing fees, deed stamps, survey, title report, environmental reports & cleanup and attorneys fees. Section 5. This Ordinance shall take effect immediately. Approved as to form, August10, 2018 ____________________________________ James A. Caruso Esq., Corporation Counsel ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127 ORD#127