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Ways & Means approves property sales, mortgage distribution, land‑bank transfer and library budget amendments
Summary
The Ways & Means Committee approved a series of finance and property actions including property sales/auctions, a $2.05 million mortgage tax distribution, transfer of a long‑vacant Delanson parcel to the Capital Region Land Bank, and library capital budget amendments.
The Ways & Means Committee on Nov. 5 approved multiple fiscal and property items, moving them forward for execution or recording as indicated on the agenda.
Paul Romano, director of the county Real Property Tax Service Agency, explained the sale of a tax‑foreclosed strip of land in the Town of Niskayuna to an adjacent owner to restore driveway access and clear title. Romano also reported on an online auction held through Collar City Auctions that concluded Oct. 24; 17 properties received bids and the committee authorized acceptance of the successful bids with any surplus funds to be held in escrow consistent with a Supreme Court…
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