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Repeal resolution for 7/14/14 meeting

To be added to meeting of the Government Operations and Budget, Capital, and Personnel Committee meeting on July 14, 2014

REPEALING RESOLUTIONS 2013-164 AND 2013-165 REGARDING THE SALE OF REAL PROPERTY IN THE TOWN OF ITHACA

WHEREAS, on October 1, 2013 this Legislature adopted Resolution 2013-165 “Authorizing the sale of real property located on Harris B. Dates Drive in the Town of Ithaca” and accompanying SEQRA Resolution No. 164 of 2013 “Making a Negative Declaration of Environmental Significance”, and

WHEREAS, the adoption of said Resolutions authorized the County Administrator to enter into a sales agreement with NRP Properties, LLC, and

WHEREAS, the County did not participate in a coordinated SEQRA review with the Town of Ithaca at that time because the companies had not yet applied to the Town Planning Board for approval and the deadline for the companies to apply for moderate income housing tax credits in 2013 did not allow for such coordinated review, and

WHEREAS, the companies applied for the moderate income housing tax credits in November, 2013 but the project was not selected to receive the tax credits, and

WHEREAS, the agreement with the companies was contingent upon receiving said tax credits (among other things) and, therefore, the contingencies cannot possibly be satisfied under the authorized agreement, and

WHEREAS, both parties agree that upon approval of this resolution the agreement between NRP Properties, LLC and the County authorized by resolution 2013-165 will be null and void, and

WHEREAS, the companies may apply for moderate income housing tax credits again in October 2014 or January 2015, but there is now time for the County to participate in coordinated SEQRA review with the Town,now, therefore, be it

RESOLVED, on recommendation of the Government Operations Committee and Budget, Capital and Personnel Committee that Resolutions 164 and 165 of 2013 are hereby repealed.

SEQRA:  TYPE II-27

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