Resolution of the Fulton County Industrial Development Agency approving and authorizing sale of real property
- Post by Carol Ellis
- June 13, 2023
Fulton County Industrial Development Agency
Adopted June 13, 023
Introduced by Dave D’Amore
who moved its adoption.
Seconded by Sue Collins
WHEREAS, the Fulton County Industrial Development Agency (the “Agency”) owns certain property in the Town of Johnstown; and
WHEREAS, DJF Motorsports, Inc., a New York business corporation, or its permitted assigns, desires to purchase from the Agency the following vacant real property (the “Property”):
Tax Map Parcel 174.-2-66 0.251+/- acres State Highway 30A
WHEREAS, pursuant to section 6(c) of the Agency’s Disposition of Property Guidelines, the Property may be sold by negotiation and for less than fair market value if the disposal is intended to further the economic development interests of the Agency; and
WHEREAS, the appraisal value of the Property is $1,900.00; and
WHEREAS, DJF Motorsports has offered to purchase said Property for $500.00; and
WHEREAS, based on the foregoing, the Agency has determined that the sale of said Property interests of the County of Fulton and the Town of Johnstown, is in accord with the public provisions of applicable federal, state and local laws and the Agency’s Disposition of Property Guidelines, and will benefit the welfare and the economies of both Fulton County and the Town of Johnstown and the residents of those municipalities.
NOW, THEREFORE, it is hereby
RESOLVED that after due deliberation thereon, the Agency has determined that the disposal of the Property intends to further the economic development interests of the Agency, whereby (a) the Property is undevelopable as a standalone lot; (b) the purchaser is the adjacent landowner and has the only use for the Property; and (c) the sale of the Property will return the Property to the tax rolls; and
RESOLVED, that the sale of the Property by the Agency constitutes an Unlisted action under the State Environmental Quality Review Act (“SEQRA”). After conducting this review, the Agency has determined that the sale of the Property is consistent with social, economic and other essential considerations and will not result in any significant adverse impacts on the environment. The Agency hereby issues a Negative Declaration with respect to the sale of the property. In doing so, the Agency satisfies the requirements of Part 617 of Title 6 of the New York Code of Rules and Regulations.
RESOLVED, that the Chairman, or Vice Chairman in his absence, is authorized to execute and deliver a contract of sale, deed, and other such documents as will incorporate the terms set forth above, subject to the approval of the Agency’s legal counsel as to form and content.
The question of the adoption of the foregoing resolution was duly put to a vote, which resulted as follows:
The foregoing resolution was thereupon declared duly adopted.
This is to certify that I, James E. Mraz, Executive Director of the Fulton County Industrial Development Agency, do hereby certify that the foregoing is a true and correct copy and the whole thereof of a Resolution duly adopted by the Fulton County Industrial Development Agency on the 13th day of June, 2023.
In witness whereof, I have hereto set my hand and affixed the official seal of the Fulton County Industrial Development Agency on this 13th day of June, 2022.
James E. Mraz, Executive Director