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Champlain board sets Aug. 12 hearing on conveyance of former IDA parcels to Promenade Champlain Inc.
Summary
The board scheduled a public hearing for Aug. 12, 2025 to consider authorizing conveyance of two parcels formerly held by the Town of Champlain IDA to Promenade Champlain Inc. by quitclaim deed for $1. The parcels—7.6 acres and 19.49 acres—were described in the resolution and the board directed publication of required notices.
The Town of Champlain board set a public hearing for Aug. 12, 2025, at 7:15 p.m. to consider Resolution No. 32 (authorization resolution) that would authorize the town supervisor to execute documents necessary to convey two parcels previously owned by the now-dissolved Town of Champlain Industrial Development Agency (IDA) to Promenade Champlain Inc. by quitclaim deed in exchange for $1.
The resolution text, as read at the July 8 meeting, described parcel identifiers and sizes: parcel 18-1-50 at 19.49 acres and parcel 18-1-44 at 7.6 acres (the smaller parcel listed in the resolution text as 7.6 acres), and stated those parcels had been subject to an original lease‑to‑purchase arrangement in or about 1992 that the board now seeks to consummate. The minutes note that public records indicate the IDA originally intended Promenade Champlain Inc. to buy the parcels for $1 after a 15‑year lease term, and because the IDA dissolved in 02/2013 the town holds title and needs to complete conveyance steps.
Supervisor Tremblay read the resolution and the board voted to set the public hearing; the town clerk was authorized to publish required notices as provided by law. The hearing will be held at the Town of Champlain Municipal Building, 10729 Route 9. The board did not adopt a conveyance at this meeting; it set the public hearing for public input and legal notice prior to any conveyance authorization.
Clarifying details: the resolution specifies a public hearing date/time (07:15 p.m. on 08/12/2025) and instructs the town clerk to run legal notices as required. The conveyance consideration (quitclaim for $1) was described in the resolution text; final conveyance requires further board action after the public hearing.
