VILLAGE OF BREWSTER
BOARD OF TRUSTEES
Draft Minutes
The Board of Trustees of the Village of Brewster held a Regular Meeting on 21 February 2007 at Village Hall, 208 Main Street, Brewster, New York. The meeting was called to order at 7:30 P.M. by Mayor John Degnan.
Present: Absent:
Mayor: John Degnan
Deputy Mayor and Trustee: William Banks
Trustees; James Schoenig, Yoshihiko Ito, Terri Stockburger
Village Engineer: John Folchetti,
Village Counsel: Gary Kropkowski
Clerk & Temporary Treasurer: Peter Hansen
Pledge to flag.
Respectfully submitted: Peter Brewster Hansen, Village Clerk
Village of Brewster
Resolution
The duly constituted and authorized Board of Trustees of the Village of Brewster, New York this 21st day of February, 2007 does hereby state and resolve upon motion of Mayor Degnan seconded by Trustee Stockburger the following:
WHEREAS, the Village of Brewster is obligated both to protect the Village from economic blight and to preserve the physical integrity of the buildings and properties within the Village of Brewster; and
WHEREAS, the Village of Brewster is desirous of preserving, protecting and enhancing the quality of life of its citizens within the Village of Brewster at every opportunity; and
WHEREAS, certain premises at 50 Main Street in the Village of Brewster (“the Premises”) comprised of four stories of approximately 28,256 square feet with three retail spaces on the first floor and twenty-five apartments on the upper three floors, all on .63 acres, and has fallen into disrepair; and
WHEREAS, the former owners of the Premises incurred and then defaulted upon an indebtedness, secured by a mortgage to Eastern Savings Bank on the Premises in the approximate amount of $2,600,000, including, but not limited to, unpaid principal, interest, and real property taxes; and
WHEREAS, Eastern Savings Bank commenced a foreclosure action in the Supreme Court, Putnam County against the Premises; under Index Number: 860/04 and obtained a Judgment of Foreclosure in such action; and
WHEREAS, it had been determined by the Village of Brewster Board of Trustees that (a) it would be in the best interests of the Village of Brewster and its citizens and property owners for the Village of Brewster to acquire the Premises so as not to allow the Premises to fall into further disrepair and/or a condition of economic blight and (b) that the Village of Brewster has a demonstrated need for new, more modern and efficient office space within which to house its municipal offices and other valid public purposes; and
WHEREAS, the Village of Brewster commenced negotiations with the Putnam County Foundation (the “Foundation”) for the acquisition of the Premises by the Foundation, subject to a lease agreement to the Village of Brewster for space in which its municipal offices and other valid public purposes would be located; and
WHEREAS, the Village of Brewster was the successful bidder at the public foreclosure sale of the Eastern Savings Bank mortgage on the Premises on July 17, 2006, at the bid price of $1,900,000; and
WHEREAS, because the Foundation did not agree to acquire the Premises prior to the date required for closing in accordance with the terms of the foreclosure sale, the Village of Brewster, in accordance with the terms of a Resolution of the Village Board of Trustees dated October 12, 2006, purchased the Premises on October 16, 2006; and
WHEREAS, it is in the best interest of the Village of Brewster not to continue to carry the costs of the Premises pending a finalization of the terms for the leasing of the Premises by the Village of Brewster from the Foundation; and
WHEREAS, the Foundation has agreed to make the Village of Brewster financially whole with regard to the Village of Brewster’s expenditures in the acquisition of the Premises; and
WHEREAS, the Village of Brewster and the Foundation executed a Purchase and Sale Agreement dated as of January 26, 2007 (the “Agreement”), pursuant to which the Village agreed to sell and the Foundation agreed to purchase the Premises for a sales price of $2,170,000, which price represents the amount of $1,900,000 paid by the Village for the Premises, together with a substantial portion of the expenses incurred by the Village in connection with such purchase; and
WHEREAS, it is in the further best interest of the Village of Brewster not to have to extend financing for the Premises by means of a Bond Issue; and
WHEREAS, the Village of Brewster and the Foundation continue to be in negotiations with respect to the leasing of a portion of the Premises to the Village of Brewster for the use by the Village for its offices;
NOW THEREFORE, on this 21st day of February, 2007, the Board of Trustees of the Village of Brewster does hereby resolve that:
That the execution and delivery of the Agreement by the Village of Brewster are hereby ratified and approved and the Village of Brewster is authorized to sell the Premises upon the terms and conditions set forth therein and to take any and all steps necessary to consummate such sale, including, without limitation, the execution of a deed and other transfer documents containing such terms and conditions as may be acceptable to the Mayor with the advice and consent of the Village of Brewster Special Counsel;
II. That the Village of Brewster is authorized to continue to negotiate with the Foundation the terms of a lease agreement acceptable in form and substance to the Mayor of the Village of Brewster, with the advice and consent of the Village of Brewster’s Special Counsel, for a term not less than ninety-nine years, for space in the Premises for use by the Village of Brewster for its municipal offices and other valid public purposes, and upon completion of such negotiations, to execute and deliver such lease; and
III. That the Mayor of the Village of Brewster is hereby authorized to execute and deliver all documents on behalf of the Village of Brewster to accomplish the purposes set forth in the foregoing resolutions.
The provisions of this Resolution are declared to be severable if any section, clause or phrase thereof shall, for any reason, be held to be invalid, such finding shall not affect the validity of the remaining sections, clauses or phrases, which shall remain in full force and effect notwithstanding the invalidity of any part.
Dated: Brewster, New York
February 21, 2007
THOSE VOTING VOTE
Mayor John A. Degnan Aye
James J. Schoenig Aye
Teresa P. Stockburger Aye
William C. Banks Aye
Yoshihiko Ito Aye
Peter Brewster Hansen
Clerk, Village of Brewster
Signed and seal affixed this 21st of February, in the year 2007
Village of Brewster
Resolution
The duly constituted and authorized Board of Trustees of the Village of Brewster, New York this 21st day of February, 2007 does hereby state and resolve upon motion of Mayor Degnan seconded by Trustee Banks the following:
WHEREAS, the Village of Brewster desires to facilitate the prompt and accurate filings with the County Department of Real Property Services and
Whereas the Village of Brewster currently owns 50 Main Street and
Whereas the said property is in arrears for water rents and tax payments to the Village, now, therefore be it
RESOLVED, the Board of Trustees of the Village of Brewster hereby authorizes the debt forbearance and encumbrance of water and tax arrears on the property owned by the Village of Brewster known as 50 Main Street in the total amount of: $18,167.27 comprised of (Tax: 8,267.27, Water: 9,900.00)
FURTHER RESOLVED, that this resolution shall be effective immediately, this day 21st of February 2007 with simultaneous notification to the assessor’s office Town of Southeast, NY and the Real Property Tax Office of Putnam County, NY
Dated: Brewster, New York
February 21, 2007
THOSE VOTING VOTE
Mayor John A. Degnan Aye
James J. Schoenig Aye
Teresa P. Stockburger Aye
William C. Banks Aye
Yoshihiko Ito Aye
Peter Brewster Hansen
Clerk, Village of Brewster
Signed and seal affixed this 21st of February, in the year 2007
February Engineer's monthly report