Narrative of Resolution:
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Authorize a letter of intent and execution of a contract of sale for the purchase of property in the Town of Mamakating which lies adjacent to County property (D&H Interpretive Center). The 7.7 acre parcel contains 0.65 miles of the O&W rail bed and is appraised at $60,000. Funding is not currently budgeted, however, this property has been discussed with the County Manager and funding has been identified should the Legislature move forward with the resolution.
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If Resolution requires expenditure of County Funds, provide the following information:
Amount to be authorized by Resolution: $60,000
Are funds already budgeted? No
Specify Compliance with Procurement Procedures:
RESOLUTION INTRODUCED BY THE PLANNING AND COMMUNITY RESOURCES COMMITTEE TO AUTHORIZE THE CHAIR OF THE SULLIVAN COUNTY LEGISLATURE TO AUTHORIZE A LETTER OF INTENT AND EXECUTE A CONTRACT OF SALE AND RELATED CLOSING DOCUMENTS FOR THE PURCHASE OF A PROPERTY IN THE TOWN OF MAMAKATING
WHEREAS, Sullivan County currently owns a 43.8 acre parcel, SBL 15.-1-30 in the Town of Mamakating which includes the D&H Canal Interpretive Center as well as more than one mile of the O&W Rail bed; and
WHEREAS; a 7.77 acre property with Town of Mamakating SBL 7.-1-16, located adjacent to the County parcel, is available for purchase; and
WHEREAS, this parcel contains an additional 0.65 miles of the O&W Rail bed and is desired for the purpose of eliminating on road connections and creating a more seamless trail connection on the Sullivan O&W Rail Trail; and
WHEREAS, the property has been appraised by a certified appraiser and valued at a fair market value of $60,000; and
WHEREAS, the County of Sullivan desires to advance the O&W Rail Trail project by purchasing the property.
NOW, THEREFORE, BE IT RESOLVED, that the Chairman of the Legislature, or her designate, is hereby authorized to execute a Letter of Intent, Contract of Sale and all related closing documents, for the purchase of land described above, in an amount not to exceed $60,000; and
BE IT FURTHER RESOLVED, that such Letter of Intent, Contract of Sale and related closing documents shall be in such form as approved by the County Attorney.
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