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Home My WebLink AboutFishers Island Utility Company, IncMELISSA A. SPIRO LAND PRESERVATION COORDINATOR melissa.spiro@town.southold.ny.us Telephone (631) 765-5711 www.southoldtownny.gov OFFICE LOCATION: Town Hall Annex 54375 State Route 25 (corner of Main Road & Youngs Avenue) Southold, New York DEPARTMENT OF LAND PRESERVATION TOWN OF SOUTHOLD To: Elizabeth A. Neville Town Clerk From: Melanie Doroski Sr. Administrative Assistant Date: February 27, 2020 MAILING ADDRESS: P.O. Box 1179 Southold, NY 11971-0959 F E 0 2 7 2020 Southold Town Clerk Re: FISHERS ISLAND UTILITY COMPANY, INC. to TOWN OF SOUTHOLD Open Space Parcel on Middle Farms Pond (5.35 acres) SCTM #1000-3.-7-3 Premises: No # East End Road, Fishers Island Betty: Enclosed for safekeeping in your office, please find the following documents: • Bargain & Sale Deed dated October 30, 2019, between Fishers Island Utility Company, Inc. and the Town of Southold, recorded in the Suffolk County Clerk's office on 1/22/2020, in Liber D00013044 at Page 837 • Title insurance policy #0-8911-000874464 issued by Stewart Title Insurance Company on November 6, 2019, in the insured amount of $480,000.00 (title no. 7169193) • Closing Statement • Closing Memo • Survey prepared 10/4/2019 by CME Associates Thank you. Melanie encs. cc: Assessors w/ copy of recorded deed, survey RE OMC D F E 8 2 1 2020 LAND PRESERVATION DEPT Town of Southold SUFFOLK COUNTY CLERK RECORDS OFFICE RECORDING PAGE Type of Instrument: DEED Recorded: 1/22/2020 Number of Pages: 5 At: 7:48:51 PM Receipt Number: 20-0013641 *ELECTRONICALLY RECORDED* Transfer Tax Number: 19-18187 LIBER: D00013044 PAGE: 837 District: Section: Block: Lot: 1000 003.00 07.00 003.000 EXAMINED AND CHARGED AS FOLLOWS Deed Amount $480,000.00 Received the Following Fees For Above Instrument THIS PAGE IS A PART OF THE INSTRUMENT THIS IS NOT A BILL Judith A. Pascale County Clerk, Suffolk County Exempt Exempt Page/Filing $25.00 NO Handling $20.00 NO COE $5.00 NO NYS SRCHG $15.00 NO Notation $0.00 NO Cert.Copies $0.00 NO RPT $200.00 NO Mansion Tax $0.00 NO EA-CTY $5.00 NO EA -STATE $250.00 NO TP -584 $5.00 NO Comm.Pres $0.00 NO Transfer Tax $0.00 NO Fees Paid $525.00 Transfer Tax Number: 19-18187 THIS PAGE IS A PART OF THE INSTRUMENT THIS IS NOT A BILL Judith A. Pascale County Clerk, Suffolk County Number of pages 5 This document will be public record. Please remove all Social Security Numbers prior to recording. 1/22/2020 7:48:54 PM JUDITH A. PASCALE CLERK OF SUFFOLK COUNTY L D00013044 P 837 19-18187 Deed / Mortgage Instrument I Deed 1 Mortgage Tax Stamp I Recording I Filing Stamps 3 1 FEES 25.00 Mortgage Amt. Page 1 Filing Fee 1. Basic Tax Handling 20. 00 2. Additional Tax TP -584 5.00 Sub Total 0.00 Spec./Assit. Notation or EA -52 17 (County) 5.00 Sub Total 55.00 Spec. /Add. EA -5217 (State) 250.00 TOT. MTG. TAX 200.00 �OA� P T.S.A. ' Dual Town Dual County— Held Held for Appointment Comm. of Ed. 5. 00 Transfer Tax 0-00 Affidavit + Mansion Tax 0.00 The property covered by this mortgage is Certified Copy 0.00 or will be improved by a one or two NYS Surcharge 15. 00 470.00 family dwelling only. — Sub Total YES or NO Other 525.00 Grand Total If NO, see appropriate tax clause on page # of this instrument. 4 1 Dist. Section Block Lot 5 Community Preservation Fund 20N1765 1000-003.00-07.00-003.00(# Real Property Consideration Amount X480, 000.0 Tax Service Q T s Agency R DTY CPF Tax Due $ 0.00 Verification Improved Satisfactions/DischargeslReleases List Property Owners Mailing Address 6 RECORD & RETURN TO: Vacant Land x Stewart Title Insurance Company — NY Me o TD 10 300 East 42nd Street, 10th Floor New York NY 10017 TD TD Mail to: Judith A. Pascale, Suffolk County Clerk 7 Title Commny Information Co. Name 310 Center Drive, Riverhead, NY 11901 www.suffolkcountynygov/clerk Title # Suffolk County Recording & Endorsement Page g This page forms part of the attached DIED TO (SPECIFY TYPE OF INSTRUMENT) The premises herein is situated in SUFFOLK COUNTY, NEW YORK. In the TOWN of In the VILLAGE or HAMLET of made by: BOXES 6 THRU S MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING. 12-0IDLIQURII _ ----- over If the document you've just recorded is your SATISFACTION OF MORTGAGE, please be aware of the following: If a portion of your monthly mortgage payment included your property taxes, *you will now need to contact your local Town Tax Receiver so that you may be billed directly for all future property tax statements. Local property taxes are payable twice a year: on or before January 10th and on or before May 31st Failure to make payments in a timely fashion could result in a penalty. Please contact your local Town Tax Receiver with any questions regarding property tax payment. Babylon Town Receiver of Taxes 200 East Sunrise Highway North Lindenhurst, N.Y. 11757 (631) 957-3004 Brookhaven Town Receiver of Taxes One Independence Hill Farmingville, N.Y. 11738 (631) 451-9009 East Hampton Town Receiver of Taxes 300 Pantigo Place East Hampton, N.Y. 11937 (631) 324-2770 Huntington Town Receiver of Taxes 100 Main Street Huntington, N.Y. 11743 (631) 351-3217 Islip Town Receiver of Taxes 40 Nassau Avenue Islip, N.Y. 11751 (631) 224-5580 Riverhead Town Receiver of Taxes 200 Howell Avenue Riverhead, N.Y. 11901 (631) 727-3200 Shelter Island Town Receiver of Taxes Shelter Island Town Hall Shelter Island, N.Y. 11964 (631) 749-3338 Smithtown Town Receiver of Taxes 99 West Main Street Smithtown, N.Y. 11787 (631) 360-7610 Southampton Town Receiver of Taxes 116 Hampton Road Southampton, N.Y. 11968 (631) 283-6514 Southold Town Receiver of Taxes 53095 Main Street Southold, N.Y. 11971 (631) 765-1803 Sincerely, Judith A. Pascale Suffolk County Clerk 12-0104 06/06W rii(,Og1b3 STEWART TITLE INSURANCE 711 WESTCHESTER AVENUE SUITE 342 Bargain a sale deed, with covenant against grantor's acts -Ind or Corp WHITE PLAINS, NY 10604 CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT - THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY THIS INDENTURE, qn a on Octobe 30111 � 2019 avrd &6t�Vt� t oJetm w b i 20 l� BETWEEN Fishers Island Utility Company, Inc., a New York Corporation, having an address of 161 Oriental Ave. #604, Fishers Island, New York 06390 party of the first part, and Town of Southold, a municipal corporation of the State of New York, having an address of 53095 NYS Route 25, Southold, New York 11971 party of the second part. WITNESSETH, that the party of the first part, in consideration of Ten Dollars and other valuable consideration paid by the party of the second part, does hereby grant and release unto the party of the second part, the heirs or successors and assigns of, the party of the second part forever, ALL that certain plot, piece or parcel of land with the buildings and improvements thereon erected, situate, lying and being in the Town of Southold, County of Suffolk, State of New York being more fully described on Schedule "A" attached hereto and made a part hereof. The conveyance is being made subject to Chapter 17 (Community Preservation Fund) and Chapter 185 (Open Space Preservation) of the Town Code of the Town of Southold, Open Space acquired by the Town pursuant to the provisions of those chapters shall not thereafter be alienated, except upon the affirmative vote of a majority of the Town Board after a public hearing and upon approval of the electors of the Town voting on a proposition submitted at a special meeting or biennial town election. No subsequent amendment of the provisions of those chapter shall alter the limitations imposed upon the alienation of real property acquired by the Town prior to any such amendment. All other provisions of Chapter 17 of the Code of the Town of Southold and Town Law 64-e shall apply to this conveyance to the Town of Southold. The property described herein does not constitute all or substantially all of the assets of the grantor corporation. Said premises is being and intended to be part of the same premises described in a certain deed from West End Land Company, Inc. to Fishers Island Utility Company, Inc., dated 6/6/1966, recorded 6/13/1966 in Liber 5973 page 17. TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and roads abutting the above described premises to the center lines thereof, TOGETHER with the appurtenances and all the estate and rights of the party of the first part in and to said premises; TO HAVE AND TO HOLD the premises herein granted unto the party of the second part. the heirs or successors and assigns of the party of the second part forever. AND the party of the first part covenants that the party of the first part has not done or suffered anything whereby the said premises have been encumbered in any way whatever except as aforesaid. AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of the first part will receive the consideration for this conveyance and will hold the right to receive such consideration as a trust fund to be applied first for the purpose of paying the cost of the improvement and will apply the same first to the payment of the cost of the improvement before using any part of the total of the same for any other purpose The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires. IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written. IN PRESENCE OF: Fishers Island Utility Company, Inc., By: . Christopher Finan, President ACKNOWLEDGMENT IN NEW YORK STATE (RPL 309-a) State of New York, County of Suffolk ss On October '10 2019, before me, the undersigned, personally appeared J. Christopher Finan, personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s) whose name(s) is (are) subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instrument, the individual(s), or the person upon behalf of which the individual(s) acted, executed the instrument (signature and office ofindividual taking acknowledgment) Bargain and Sale Deed WITH COVENANT AGAINST GRANTOR'S ACTS JASON W DRPNA Notary Public - State of NewYork No 01DR6350454 Qualified in Suffolk County My Commission Expires November7,2020 ., fo sogl W . breva& SECTION 003.00 BLOCK 07.00 LOT 003.000 COUNTY OR TOWN Suffolk, Southold RETURN BY MAIL TO: Melissa Spiro, Town of Southold 53095 NY Rt 25, PO Box 1179, Southold, NY 11971 Title No. 7169163 to V a L titin Title Number: 7169163 SCHEDULE A — DESCRIPTION ALL that certain tract or parcel of land located at Fishers Island, in the Town of Southold, County of Suffolk and State of New York, being bounded and described as follows: BEGINNING at a monument on the Southerly side of a road 40 feet wide, said monument being 3,659.90 feet West of a point which is 497.69 feet South of another monument marking the United States Coast and Geodetic Survey Triangulation Station "Chpcomount 2" and thence running South 28 degrees 19 minutes 30 seconds East 586.65 feet to the shore of Middle 9—E s Pond; rarms THENCE with the meanders of said pond, North 76 degrees 30 minutes 10 seconds West 74.38 feet and South 28 degrees 36 minutes 50 seconds West 95.90 feet; THENCE North 70 degrees 32 minutes 10 seconds West 795.40 feet to a point on the Southerly side of said road; THENCE Northeastwardly along the Southerly side of said road (following the arc of a curve to the left whose radius is 823.95 feet and the direction of whose radius at that point is North 24 degrees 16 minutes 53 seconds West) 61.23 feet; and THENCE, still along the Southerly side of said road North 61 degrees 27 minutes 40 seconds East 609.00 feet to the point of BEGINNING. Containing 5.35 acres more or less. FOR CONVEYANCING ONLY: TOGETHER with all right, title and interest of the party of the first part, of, in and to any streets and roads abutting the above described premises to the center lines thereof. - Schedule A Description (Page 1 of 1) - Reserve this space for use of Recording Office ALTA Owner's Policy (06-17-06) POLICY OF TITLE INSURANCE ISSUED BY Stewart title Any notice of claim and any other notice or statement in writing required to be given the Company under this Policy must be given to the Company at the address shown in Section ,18 of the Conditions. COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS, STEWART TITLE INSURANCE COMPANY, a New York corporation, (the "Company") insures, as of Date of Policy and, to the extent stated in Covered Risks 9 and 10, after Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the insured by reason of: 1. Title being vested other than as stated in Schedule A. 2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from (a) A defect in the Title caused by (i) forgery, fraud, undue influence, duress, incompetency, incapacity, or impersonation; (ii) failure of any person or Entity to have authorized a transfer or conveyance; (iii) a document affecting Title not properly created, executed, witnessed, sealed, acknowledged, notarized, or delivered; (iv) failure to perform those acts necessary to create a document by electronic means authorized by law (v) a document executed under a falsified, expired, or otherwise invalid power of attorney (vi) a document not properly filed, recorded, or indexed in the Public Records including failure to perform those acts by electronic means authorized by law; or (vii) a defective judicial or administrative proceeding. (b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable, but unpaid. (c) Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. The term "encroachment" includes encroachments of existing improvements located on the Land onto adjoining land, and encroachments onto the Land of existing improvements located on adjoining land. 3. Unmarketable Title. 4. No right of access to and from the Land. 5. The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (a) the occupancy, use, or enjoyment of the Land; (b) the character, dimensions, or location of any improvement erected on the Land; (c) the subdivision of land; or (d) environmental protection if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to enforce, but only to the extent of the violation or enforcement referred to in that notice. 6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforcement action, describing any part of the Land, is recorded in the Public Records, but only to the extent of the enforcement referred to in that notice. 7. The exercise of the rights of eminent domain if a notice of the exercise, describing any part of the Land, is recorded in the Public Records. 8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge. Countersigned by: .Dorn Frates President and General Counsel Denise Wrraux Secretary If you want information about coverage or need assistance to resolve complaints, please call our toll free number: 1-800-433-0014. If you make a claim under your policy, you must fumish written notice in accordance with Section 3 of the Conditions Visit our Word -Wide Web site at htto //www.StewartNewYork.com 11 Serial No.: 0'-8911-000874464 11 File No.: 7169163 COVERED RISKS (Continued) Title being vested other than as stated in Schedule A or being defective (a) as a result of the avoidance in whole or in part, or from a court order providing an alternative remedy, of a transfer of all or any part of the title to or any interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential transfer under federal bankruptcy, state insolvency, or similar creditors' rights laws; or (b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy, state insolvency, or similar creditors' rights laws by reason of the failure of its recording in the Public Records (i) to be timely, or (ii) to impart notice of its existence to a purchaser for value or to a judgment or lien creditor. 10. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. The Company will also pay the costs, attorneys' fees, and expenses incurred in defense of any matter insured against by this Policy, but only to the extent provided in the Conditions. EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attomeys' fees, or expenses that arise by reason of, 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 and 10); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting the Title as shown in Schedule A, is (a) a fraudulent conveyance or fraudulent transfer; or (b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A CONDITIONS 1. DEFINITION OF TERMS The follovong terms when used in this policy mean: (a) "Amount of Insurance": The amount stated in Schedule A, as may be increased or decreased by endorsement to this policy, increased by Section 8(b), or decreased by Sections 10 and 11 of these Conditions. (b) "Date of Policy": The date designated as "Date of Policy" in Schedule A. (c) "Entity": A corporation, partnership, trust, limited liability company, or other similar legal entity. (d) "Insured". The Insured named in Schedule A (i) The tern "Insured" also includes (A) successors to the Title of the Insured by operation of law as distinguished from purchase, including heirs, devisees, survivors, personal representatives, or next of kin; (B) successors to an Insured by dissolution, merger, consolidation; distribution, or reorganization; (C) successors to an Insured by its conversion to another kind of Entity; (D) a grantee of an Insured under a deed delivered without payment of actual valuable consideration conveying the Title (1) if the stock, shares, memberships, or other equity interests of the grantee are whoily-owned by the named Insured, (2) if the grantee wholly owns the named Insured, (3) if the grantee is wholly-owned by an affiliated Entity of the named Insured, provided the affiliated Entity and the named Insured are both wholly-owned by the same person or Entity, or purposes. (ii) With regard to (A), (B), (C), and (D) reserving, however, all rights and defenses as to any successor that the Company would have had against any predecessor Insured. (e) "Insured Claimant": An Insured claiming loss or damage. (f) "Knowledge" or "Known": Actual knowledge, not constructive knowledge or notice that may be imputed to an Insured by reason of the Public Records or any other records that impart constructive notice of matters affecting the Title. (g) "Land": The land described in Schedule A, and affixed improvements that by law constitute real property. The term "Land" does not include any property beyond the lines of the area described in Schedule A, nor any right, title, interest, estate, or easement in abutting streets, roads, avenues, alleys, lanes, ways, or waterways, but this does not modify or limit the extent that a right of access to and from the Land is insured by this policy. (h) "Mortgage": Mortgage, deed of trust, trust deed, or other security instrument, including one evidenced by electronic means authorized by law. (i) "Public Records": Records established under state statutes at Date of Policy for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without Knowledge. With respect to Covered Risk 5(d), "Public Records" shall also include environmental protection liens filed in the records of the clerk of the United States District Court for the district where the Land is located. Q) "Title": The estate or interest described in Schedule A. (k) "Unmarketable Title"- Title affected by an alleged or apparent matter that would permit a prospective purchaser or lessee of the Title or lender on the Title to be released from the obligation to (4) if the grantee is a trustee or beneficiary of a trust purchase, lease, or lend H there is a contractual condition requiring created by a written instrument established by the the delivery of marketable title. Insured named in Schedule A for estate planning FE Serial No.: 0-8911-000874464 File No.: 7169163 CONDITIONS (Continued) CONTINUATION OF INSURANCE The coverage of this policy shall continue in force as of Date of Policy in favor of an Insured, but only so long as the Insured retains an estate or interest in the Land, or holds an obligation secured by a purchase money Mortgage given by a purchaser from the Insured, or only so long as the Insured shall have liability by reason of warranties in any transfer or conveyance of the Title. This policy shall not continue in force in favor of any purchaser from the Insured of either (1) an estate or interest in the Land, or (ii) an obligation secured by a purchase money Mortgage given to the Insured. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT The Insured shall notify the Company promptly in writing (i) in case of any litigation as set forth in Section 5(a) of these Conditions, (ii) in case Knowledge shall come to an Insured hereunder of any claim of title or interest that is adverse to the Title, as insured, and that might cause loss or damage for which the Company may be liable by virtue of this policy, or (Iii) if the Title, as insured, is rejected as Unmarketable Title. If the Company is prejudiced by the failure of the Insured Claimant to provide prompt notice, the Company's liability to the Insured Claimant under the policy shall be reduced to the extent of the prejudice. 4. PROOF OF LOSS In the event the Company is unable to determine the amount of loss or damage, the Company may, at its option, require as a condition of payment that the Insured Claimant furnish a signed proof of loss. The proof of loss must describe the defect, lien, encumbrance, or other matter insured against by this policy that constitutes the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. DEFENSE AND PROSECUTION OF ACTIONS (a) Upon written request by the Insured, and subject to the options contained in Section 7 of these Conditions, the Company, at its own cost and without unreasonable delay, shall provide for the defense of an Insured in litigation in which any third party asserts a claim covered by this policy adverse to the Insured. This obligation is limited to only those stated causes of action alleging matters insured against by this policy. The Company shall have the right to select counsel of its choice (subject to the right of the Insured to object for reasonable cause) to represent the Insured as to those stated causes of action. It shall not be liable for and will not pay the fees of any other counsel. The Company will not pay any fees, costs, or expenses incurred by the Insured in the defense of those causes of action that allege matters not insured against by this policy. (b) The Company shall have the right, in addition to the options contained in Section 7 of these Conditions, at its own cost, to institute and prosecute any action or proceeding or to do any other act that in its opinion may be necessary or desirable to establish the Title, as insured, or to prevent or reduce loss or damage to the Insured. The Company may take any appropriate action under the terms of this policy, whether or not it shall be liable to the Insured. The exercise of these rights shall not be an admission of liability or waiver of any provision of this policy. If the Company exercises its rights under this subsection, it must do so diligently. (c) Whenever the Company brings an action or asserts a defense as required or permitted by this policy, the Company may pursue the litigation to a final determination by a court of competent jurisdiction, and it expressly reserves the right, in its sole discretion, to appeal any adverse judgment or order. 6. DUTY OF INSURED CLAIMANT TO COOPERATE (a) In all cases where this policy permits or requires the Company to prosecute or provide for the defense of any action or proceeding and any appeals, the Insured shall secure to the Company the right to so prosecute or provide defense in the action or proceeding, including the right to use, at its option, the name of the Insured for this purpose. Whenever requested by the Company, the Insured, at the Company's expense, shall give the File No.: 7169163 Company all reasonable aid (i) in securing evidence, obtaining witnesses, prosecuting or defending the action or proceeding, or effecting settlement, and (ii) in any other lawful act that in the opinion of the Company may be necessary or desirable to establish the Title or any other matter as insured. If the Company is prejudiced by the failure of the Insured to furnish the required cooperation, the Company's obligations to the Insured under the policy shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, with regard to the matter or matters requiring such cooperation. (b) The Company may reasonably require the Insured Claimant to submit to examination under oath by any authorized representative of the Company and to produce for examination, inspection, and copying, at such reasonable times and places as may be designated by the authorized representative of the Company, all records, in whatever medium maintained, including books, ledgers, checks, memoranda, correspondence, reports, e- mails, disks, tapes, and videos whether bearing a date before or after Date of Policy, that reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the Insured Claimant shall grant its permission, in writing, for any authorized representative of the Company to examine, inspect, and copy all of these records in the custody or control of a third party that reasonably pertain to the loss or damage. All information designated as confidential by the Insured Claimant provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment of the Company, it is necessary in the administration of the claim. Failure of the Insured Claimant to submit for examination under oath, produce any reasonably requested information, or grant permission to secure reasonably necessary information from third parties as required in this subsection, unless prohibited by law or governmental regulation, shall terminate any liability of the Company under this policy as to that claim. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION OF LIABILITY In case of a claim under this policy, the Company shall have the following additional options: (a) To Pay or Tender Payment of the Amount of Insurance To pay or tender payment of the Amount of Insurance under this policy together with any costs, attomeys' fees, and expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment or tender of payment and that the Company is obligated to pay. Upon the exercise by the Company of this option, all liability and obligations of the Company to the Insured under this policy, other than to make the payment required in this subsection, shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation. (b) To Pay or Otherwise Settle With Parties Other Than the Insured or With the Insured Claimant. (i) To pay or otherwise settle with other parties for or in the name of an Insured Claimant any claim insured against under this policy. In addition, the Company will pay any costs, attomeys' fees, and expenses Incurred by the Insured Claimant that were authorized by the Company up to the time of payment and that the Company is obligated to pay; or (ii) To pay or otherwise settle with the Insured Claimant the loss or damage provided for under this policy, together with any costs, attorneys' fees, and expenses incurred by the Insured Claimant that were authorized by the Company up to the time of payment and that the Company is obligated to pay. Upon the exercise by the Company of either of the options provided for in subsections (b)(i) or (ii), the Company's obligations to the Insured under this policy for the claimed loss or damage, other than the payments required to be made, shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation. Serial No.: 0-8911-000874464 CONDITIONS (Continued) B. DETERMINATION AND EXTENT OF LIABILITY (b) The Company's right of subrogation includes the rights of the This policy is a contract of indemnity against actual monetary loss or Insured to indemnities, guaranties, other policies of insurance, or damage sustained or incurred by the Insured Claimant who has bonds, notwithstanding any terms or conditions contained in those suffered loss or damage by reason of matters insured against by this instruments that address subrogation rights. policy. (a) The extent of liability of the Company for loss or damage under this policy shall not exceed the lesser of (i) the Amount of Insurance; or (if) the difference between the value of the Title as insured and 14. ARBITRATION the value of the Title subject to the risk insured against by Either the Company or the Insured may demand that the claim or this policy. controversy shall be submitted to arbitration pursuant to the Title (b) If the Company pursues its rights under Section 5 of these Insurance Arbitration Rules of the American Land Title Association Conditions and is unsuccessful in establishing the Title, as ("Rules"). Except as provided in the Rules, there shall be no joinder or insured, consolidation with claims or controversies of other persons. Arbitrable (i) the Amount of Insurance shall be increased by 10%, and matters may Include, but are not limited to, any controversy or claim (ii) the Insured Claimant shall have the right to have the loss or between the Company and the Insured arising out of or relating to this damage determined either as of the date the claim was policy, any service in connection with its issuance or the breach of a made by the Insured Claimant or as of the date it is settled policy provision, or to any other controversy or claim arising out of the and paid. transaction giving rise to this policy. All arbitrable matters when the (c) In addition to the extent of liability under (a) and (b), the Company Amount of Insurance is $2,000,000 or less shall be arbitrated at the will also pay those costs, attorneys' fees, and expenses incurred option of eitherthe Company orthe Insured. All arbitrable matters when in accordance with Sections 5 and 7 of these Conditions. the Amount of Insurance is in excess of $2,000,000 shall be arbitrated only when agreed to by both the Company and the Insured. Arbitration 9. LIMITATION OF LIABILITY pursuant to this policy and under the Rules shall be binding upon the (a) If the Company establishes the Title, or removes the alleged parties. Judgment upon the award rendered by the Arbitrator(s) may defect, lien, or encumbrance, or cures the lack of a right of access be entered In any court of competent jurisdiction. to or from the Land, or cures the claim of Unmarketable Title, all as insured, in a reasonably diligent manner by any method, 15. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE including litigation and the completion of any appeals, it shall have CONTRACT fully performed its obligations with respect to that matter and shall (a) This policy together with all endorsements, if any, attached to it by not be liable for any loss or damage caused to the Insured. the Company is the entire policy and contract between the Insured (b) In the event of any litigation, including litigation by the Company and the Company. In interpreting any provision of this policy, this or with the Company's consent, the Company shall have no policy shall be construed as a whole liability for loss or damage until there has been a final (b) Any claim of loss or damage that arises out of the status of the determination by a court of competent jurisdiction, and disposition Title or by any action asserting such claim shall be restricted to of all appeals, adverse to the Title, as insured. this policy. (c) The Company shall not be liable for loss or damage to the Insured (c) Any amendment of or endorsement to this policy must be in writing for liability voluntarily assumed by the Insured in settling any claim and authenticated by an authorized person, or expressly or suit without the prior written consent of the Company. incorporated by Schedule A of this policy (d) Each endorsement to this policy issued at any time is made a part 10. REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF of this policy and is subject to all of its terms and LIABILITY provisions. Except as the endorsement expressly states, it does All payments under this policy, except payments made for costs, not (1) modify any of the terms and provisions of the policy, (ii) attomeys' fees, and expenses, shall reduce the Amount of Insurance modify any prior endorsement, (iii) extend the Date of Policy, or by the amount of the payment. (iv) increase the Amount of Insurance. 11. LIABILITY NONCUMULATIVE 16. SEVERABILITY The Amount of Insurance shall be reduced by any amount the Company In the event any provision of this policy, in whole or in part, is held invalid pays under any policy insuring a Mortgage to which exception is taken or unenforceable under applicable law, the policy shall be deemed not in Schedule B or to which the Insured has agreed, assumed, or taken to include that provision or such part held to be invalid, but all other subject, or which is executed by an Insured after Date of Policy and provisions shall remain in full force and effect which is a charge or lien on the Title, and the amount so paid shall be deemed a payment to the Insured under this policy. 17. CHOICE OF LAW; FORUM (a) Choice of Law. The Insured acknowledges the Company has 12. PAYMENT OF LOSS underwritten the risks covered by this policy and determined the When liability and the extent of loss or damage have been definitely premium charged therefore in reliance upon the law affecting fixed in accordance with these Conditions, the payment shall be made interests in real property and applicable to the interpretation, within 30 days. rights, remedies, or enforcement of policies of title Insurance of the jurisdiction where the Land is located. 13. RIGHTS OF RECOVERY UPON PAYMENT OR SETTLEMENT Therefore, the court or an arbitrator shall apply the law of the (a) Whenever the Company shall have settled and paid a claim under jurisdiction where the Land is located to determine the validity of this policy, it shall be subrogated and entitled to the rights of the claims against the Title that are adverse to the Insured and to Insured Claimant in the Title and all other rights and remedies in interpret and enforce the terms of this policy. In neither case shall respect to the claim that the Insured Claimant has against any the court or arbitrator apply Its conflicts of law principles to person or property, to the extent of the amount of any loss, costs, determine the applicable law. attomeys' fees, and expenses paid by the Company. If requested (c) Choice of Forum: Any litigation or other proceeding brought by by the Company, the Insured Claimant shall execute documents the Insured against the Company must be filed only in a state or to evidence the transfer to the Company of these rights and federal court within the United States of America or its territories remedies. The Insured Claimant shall permit the Company to sue, having appropriate jurisdiction. compromise, or settle in the name of the Insured Claimant and to use the name of the Insured Claimant in any transaction or 18. NOTICES, WHERE SENT litigation involving these rights and remedies. If a payment on Any notice of claim and any other notice or statement in writing required to account of a claim does not fully cover the loss of the Insured be given to the Company under this policy must be given to the Company at Claimant, the Company shall defer the exercise of Its right to Claims Department at 60 East 421' Street, Suite 1260, New York, NY 10165. recover until after the Insured Claimant shall have recovered its loss. Serial No.: 0-8911-000874464 File No.: 7169163 stewa t thio Name and Address of Title Insurance Company: Policy Number: 0-8911-000874464 Date of Policy: November 6, 2019 File Number: 7169163 Stewart Title Insurance Company 60 East 42nd Street, Suite 1260 New York, NY 10165 SCHEDULE A — CERTIFICATION Amount of Insurance: $480,000.00 1. Name of Insured: Town of Southold 2. The estate or interest in the Land that is insured by this policy is: Fee Simple 3. Title is vested in: Town of Southold who acquired title by deed from Fishers Island Utility Company, Inc., a New York Corporation dated 11/6/2019 to be duly recorded in the Suffolk County Clerk's/Registers Office. 4. The Land referred to in this policy is described as follows: See Schedule A Description, attached hereto and made a part hereof. District: 1000 Section: 003.00 Block: 07.00 - Schedule A Certification (Page 1 of 1) - Lot: 003.000 stewart titie Policy Number: 0-8911-000874464 Date of Policy: November 6, 2019 File Number: 7169163 SCHEDULE A — DESCRIPTION ALL that certain tract or parcel of land located at Fishers Island, in the Town of Southold, County of Suffolk and State of New York, being bounded and described as follows: BEGINNING at a monument on the Southerly side of a road 40 feet wide, said monument being 3,659.90 feet West of a point which is 497.69 feet South of another monument marking the United States Coast and Geodetic Survey Triangulation Station "Chocomount 2" and thence running South 28 degrees 19 minutes 30 seconds East 586.65 feet to the shore of Middle Farms Pond; THENCE with the meanders of said pond, North 76 degrees 30 minutes 10 seconds West 74.38 feet and South 28 degrees 36 minutes 50 seconds West 95.90 feet; THENCE North 70 degrees 32 minutes 10 seconds West 795.40 feet to a point on the Southerly side of said road; THENCE Northeastwardly along the Southerly side of said road (following the arc of a curve to the left whose radius is 823.95 feet and the direction of whose radius at that point is North 24 degrees 16 minutes 53 seconds West) 61.23 feet; and THENCE, still along the Southerly side of said road North 61 degrees 27 minutes 40 seconds East 609.00 feet to the point of BEGINNING. Containing 5.35 acres more or less. - Schedule A Description (Page 1 of 1) - Stewart titlO Policy Number: 0-8911-000874464 Date of Policy: November 6, 2019 File Number: 7169163 SCHEDULE B EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage and the Company will not pay costs, attorneys' fees or expenses that arise by reason of: 1. Rights of tenants or parties in possession, if any. 2. Policy excepts all water/sewer charges from date of the last actual reading of the meter including all charges entered hereafter but which might include usage prior to the date of this policy. 3. Declaration and Agreement recorded in Liber 2437 nage 468 and Liber 5728 page 314, as amended by Liber 9863 page 448. 4. Telephone Agreement recorded in Liber 2135 page 401 and Liber 2135 page 433. (Affects lots and streets) 5. Electric Agreement recorded in Liber 2135 page 449. (Affects lots and streets) 6. Easement Agreement recorded in Liber 4085 page 09. 7. Easement Agreement recorded in Liber 12619 page 520. 8. Survey exceptions as shown on survey made by CME Associates, last dated 10/4/2019 (Job Number 2019837): a. Subject to the rights of others over a paved bike path which crosses the northerly line; b. Subject to an easement agreement (Liber 12619 Page 520) along northerly part of premises; c. Subject to rights of utility companies to utility poles which vary along northerly line; d. Subject to limits of freshwater wetlands as shown thereon; e. Subject to rights of others over Middle Farms Pond. 9. No title is insured to any land lying below the high water line of Middle Farms Pond, its arms, branches and tributaries by whatever name called, as the same now exists or formerly existed. 10. Riparian rights and easements of others over Middle Farms Pond; but the Policy does not insure any rights or easements in favor of the owner of the premises described in Schedule A herein. 11. Those areas shown on the survey as wetlands are subject to The Freshwater Wetlands Act of the State of New York. The use thereof must be approved by the Department of Environmental Conservation of the State of New York. 12. Policy excepts 2019/2020 let Half Town and School Taxes, as a lien not yet due and payable. - Schedule B Part I (Page 1 of 1) - Stewart titio Policy Number: 0-8911-000874464 Date of Policy: November 6, 2019 File Number: 7169163 STANDARD NEW YORK ENDORSEMENT (Owner's Policy) 1. The following is added as a Covered Risk: "11. Any statutory lien arising under Article 2 of the New York Lien Law for services, labor or materials furnished prior to the date hereof, and which has now gained or which may hereafter gain priority over the estate or interest of the insured as shown in Schedule A of this policy." 2. Exclusion Number 5 is deleted, and the following is substituted: 5. Any lien on the Title for real estate taxes, assessments, water charges or sewer rents imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as Shown in Schedule A. This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements. Countersigned By: Stewart Title Insurance Company 60 East 42nd Street, Suite 1260 New York, New York 10165 STANDARD NEW YORK ENDORSEMENT (7/01/12) FOR USE WITH ALTA OWNER'S POLICY (6-17-06) �`yt 1NSUc John Frates ��c�dRot President and General Counsel ' 1987' Denise Carraux Secretary Stewart 6i `'o Policy Number: 0-8911-000874464 Date of Policy: November 6, 2019 File Number: 7169163 POLICY AUTHENTICATION ENDORSEMENT When the policy is issued by the Company with a policy number and Date of Policy, the Company will not deny liability under the policy or any endorsements issued with the policy solely on the grounds that the policy or endorsements were issued electronically or lack signatures in accordance with the Conditions. This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements. Countersigned By: Stewart Title Insurance Company 60 East 42nd St., Suite 1260 New York, New York 10165 TIRSA POLICY AUTHENTICATION ENDORSEMENT (6/24/2016) JNSUR,gyc John Frates President and General Counsel ' 1987' Denise Clarraux Secretary CLOSING STATEMENT FISHERS ISLAND UTILITY COMPANY, INC. to TOWN OF SOUTHOLD Open Space — 5.35 acres Premises: No # East End Road, Fishers Island SCTM #1000-3.-7-3 Closing took place on Wednesday, November 6, 2019 at 1:00 p.m., Southold Town Hall Annex Purchase Price per contract $ 480,000.00* 2017-2018 Real Prouerty Taxes Reimbursement** ($ 985.24 - 30 days @ $2.70 per diem) $ 81.00* 2019 Assessment Charges** ($943.00 — 61 days at $2.58 per diem) $ 157.38* $ 480,238.38 Disbursements: Payable to Fishers Island Utility Company, Inc. Check #141009 (11/1/2019) $ 456,238.38 Payable to Shutters & Sails, LLC. $ 24,000.00 Check #141010 (11/1/2019) $ 480,238.38 *included in Check #141009 **adjustments made to November 1, 2019 Expenses of Closing: Appraisal & Appraisal Update Payable to Silverstein Appraisal Services, LLC $ 1,400.00 Check #138786 (3/12/2019) Payable to Silverstein Appraisal Services, LLC $ 500.00 Check #139861 (7/2/2019) Survey Payable to CME Associates, Engineering, Land Surveying & Architecture PLLC Check #140835 (10/22/2019) Environmental Payable to Nelson, Pope & Voorhis, LLC Check #140745 (10/8/2019) Title Report Payable to Stewart Title Insurance Company Check #141011 (11/1/2019) Fee insurance $ 1962 Recording deed $ 580 Searches $ 145 Title Closer Attendance Fee Payable to Sal DiMisa Check #141008 (11/1/2019) Those present at Closing: Sal DiMisa Melissa Spiro Melanie Doroski Not present: Scott A. Russell J. Christopher Finan John Gettinger, Esq. Tricia A. Pfister Mary C. Wilson, Esq. $ 1,850.00 $ 2,100.00 $ 2,687.00 $ 150.00 Title Company Closer Land Preservation Coordinator Sr. Administrative Assistant Southold Town Supervisor FI Utility Company, Inc. President Attorney for FI Utility Company, Inc. Legal Assistant Attorney for Town of Southold TOWN OF SOUTHOLD VENDOR 006412 FISHERS ISLAND UTILITY CO 11/01/2019 CHECK 141009 f MMA -1 T–F�17311TW— TOWN OF SOUTHOLD 1,110111:9 CLOSING 53095 MAIN ROAD, PO BOX 1179 SOUTHOLD, NY 11971-0959 CHECK NO. 141009 THE SUFFOLK CO. NATIONAL BANK CUTCHOGUE, NY 11935MOUNT DATE A -541214" 23-,8.18 96uk HUNDRED FIFTY SIX- THOUSAND TqO HUNDRED T14'IRTYi,EIdHT-"AND'3'8/166,., D6L"LAk& FFV PAY FISHERS ISLAND UTILITY CO P6 THE PO BOX-.BOX'',604' OADER FISHERS-ISLAND''NY''66390-0604' OF�' L4 1009,12 1:0 2 L 1, 0 5 L, 6 Lil: 63 000004 Ono FUND & ACCOUNT /P.O.# INVOICE DESCRIPTION AMOUNT_. - CM .8660.2.600.100 1 110119 5.35 ACRE VACANT SPACE 456,000.00 CM bbb(.I.2.600.100 110119A PROPERTY TAX REIMBURSMNT 81.00 CM .8660.2.600,100 110119B ASSESMENT CHARGE REIMB. 157.38 TOTAL 456,218.38 F'F Tf Wt" 7 TT, 4-4, Mwl j. 4.' '01 v4 f MMA -1 T–F�17311TW— TOWN OF SOUTHOLD 1,110111:9 CLOSING 53095 MAIN ROAD, PO BOX 1179 SOUTHOLD, NY 11971-0959 CHECK NO. 141009 THE SUFFOLK CO. NATIONAL BANK CUTCHOGUE, NY 11935MOUNT DATE A -541214" 23-,8.18 96uk HUNDRED FIFTY SIX- THOUSAND TqO HUNDRED T14'IRTYi,EIdHT-"AND'3'8/166,., D6L"LAk& FFV PAY FISHERS ISLAND UTILITY CO P6 THE PO BOX-.BOX'',604' OADER FISHERS-ISLAND''NY''66390-0604' OF�' L4 1009,12 1:0 2 L 1, 0 5 L, 6 Lil: 63 000004 Ono TOWN OF SOUTHOLD , VENDOR 019242 SHUTTER & SAILS, LLC. 11/01/2019 CHECK 141010 FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT i CM .8660.2.600.100 110119 FI UTILITY OPEN SPACE 24,000.00 I I ' 1 i TOTAL 24,000.00= j \ I vi11$;il "!-' Il ________ ___ _ ______ .:j'',r` i!.jl;s _,+*i'sr� _ r�Il:fir• / • --------------`--�.� '1-- •-.�.n— ° ° I 'n .: j .,. ! .rrrr�-1'i!;r i6h,'=s;�,=i•,;af; ;'� Is,r,,<_IS - , r i Tsr t,i)'-Pik"F� !,�'l�•, L�sr,;` � i'{�' ,.a..{l� ' ;lore{. .,f_I '•i ' � �1 , I�- I ; it it, it Y I I 1 ( t, : .:.,rY.'V ,ili �{+,�ri,�, i-�- F'd�Li+�r r•,±'CIS+4i f'•:=� - +' f �`. •� s.= , r'*-t..+�+zC:-,. •Ci: YrJif� u:i;,.•Lj.: t { jait 1�,.v , { :r. j,�r if+ -:i1: '•�{{F;is {� I a r - i ;• moi., tN ! ,� 0 I I ` I ` I f I - ` I � I -•,titre-� ` , . ,. ! •�.��. �'�y..�t �°:. d.� �n d";�.`' a��in�)_1- t 1.�� D1=,'��:a TOWN OF SOUTHOLD 53095 MAIN ROAD, PO BOX 1179 , 11/01/19, CLOSING , SOUTHOLD, NY 11971-0959 CHECK NO'. ' 141010 THE SUFFOLK CO, NATIONAL BANK CUTCHOGUE, NY 11935 SATE AMOUNT ,t I , 5152546/214 11%0'1/;2019` $24,'•000..00 ' TWENTY' FOUR THOUSAND AND 0'0 / 1.0 0 DOLLAR_ S ' " AY SHUTTER & SAI,LS, LLC. o TO ME '643 -EQUESTRIAN AVENUE IOF * FISHERS ISLAND' NY 06390 k ii' 1410 10ii' 1:02140546 Lo: 63 000004 0iis OFI+ICr ADDRSSS 63095 ROUTF 20 • I'0 BOX 1408 SOLMIOLD. NY 1197t_0499 473889 3.-7-3 •. PVT RD OFF E END RD 283,262,093 12,713,641 TOWN OF SOUTHOI.DoFrur• Iu URS & Pilo;'Ia CONSOLIDATED nJCAL PROPERTY TAX BILL nIDN-FFtI s:nD "I To r:uo vm R£,R 1, 2(11A -NOVEMBER 30.2019 -TAXtiB AI:COMh A LiFN ISRCRAIAER 1, 201A &9I45Cr IRD:1 F:13: fi31-i FiS•ul { IF THE WORD'ARREARS- IS PRINTED HERE SEE FISHERS;ISIi$NB SCH. NOTICE OF ARREARS ON REVERSE SIDE 4 1,000; 199 I 1 06 1127 311 ; 1 IRes vac land FI UTILITIES CO INC PO BOX 604 FISHERS ISLAND, NY 06390 1st Half 061128 2nd•Half 001128 4.87 12/04/2018 1 FI UTILITIES CO INC PO BOX 604 FORMATION NOTICE $482.09 01/10/2018 _ - _ � F.SSEDVALUEVA = ." $482.1Q 05/30/2018„_ „`' 1,000 SSMFNT IUTI I of 1,000 0.94%I0Fff�OI 106,383 ----------------- SECOND _ - - SECOND HALF - SOUTHOLD TAX LEVY • 2018-2014jSUFFOLK COUNTY TAX MAP NUMBER DETACH STUB AND RETURN WITH SECOND HALF PAYMENT- RETURN BOTH STUBS 473889 3.-7-3 FOR PAYMENT OF TOTAL,TAX, MAKE CHECK PAYABLE TO GEORGE R. SULLIVAN, RECEIVER OFTAXES AND WRITE BILL NO. AND" AX MAP NO. ON FACE OF THE CHECK. AMOUNT DUE BILL NO., PAID BY: E]ASSESSED ❑ OTHER F$492.62 1127 ❑ CHECK HERE IF YOU WANT A RECEIPT FI UTILITIES CO INC 4738890000000003XZ7Z3001127180000000000049262000985241 FIRST HALF�,SOUTHOLD TAX•LEVY • 26184019 SUFFOLKCCOUNTY TAX MAP NUMBER ' DETACHSTUB`FORFIRST•HALF`PAYME%�TT•-RENAN,BOTH-§TUBS'FOR 473889 3.-7-3 PAYMENT OF TOTAL'TAX, MAKE CHECK PAYABLE TO GEORGE R. SULLIVAN, REC"R OF TAXES AND,WRRJ� BILI ISO. AND.TAX MAP`NO. ON FACE OF THE CHECK , AMbUHIT DUE - WILL LVO. t x - F • • • 7 { 1 PAID BY: ❑ ASSESSED- ❑,,OTHER $492.62 1 127 ❑ CHECK HERE IF YOU WANT A FECEIFf FI UTILITIES CO INC $985.24 4738890000000003XZ7Z3001127180004926200000000000985243 LEVY ;h TAXABLE•VALUE..• - TAXAMOUNT;_ - • - TOTA4TAX AMOUNT FISHERS;ISIi$NB SCH. 38..35$ 1,000; ;377„859 0.20% 3"17:8.61; FISHERS ISLAND IiIBRY 0`.61%' ' 1.00�0-' `'`6.009 0.'00% 16,{U1' r + FOR SCHOOL383.87 SUFFOLK COUNTY TAX 1.94% 1.U�l.Q, y9 d�8• OtOU$ 19:16.: - + FOR COUNTY19.16 SOUTHbLif T6WN`TAX . 31:97% „1. UUU ' S 4' -fid% 315. U3`-' L24gs$.w $ + 31.97% • • 315.03 ISYS REAL PROP TAXLAW 0.89% 11000 8.746 42.90% B.78 - MTA PAYROLL TAX 0.07% 11000 U, 672', 9.20% 0.67,_ OUT OF CTY SCCC 0.24% 11000 2.346 -71.00% 2.35 FISHERS ISLAND FD FISHERS ISLAND FERRY 5.43% Z UUU 3 4CY?� 10.12% t1b'u ,I;'9ti,y" U.4U E? �.U�13' 53.4? 99.70 FISHER S ISLAND GARB 10.38 1'; UUO `, 1't52.'37 lq{�i 102:24 rj%Tff MI 27.12% Z • - loll 11 267.18 FIRST HALF TAX $492.62 SECOND HALF TAX: - $492.62 TOTAL TAX LEVY $985:24 , Mr. DEC 1, 2me PAYA0LEK1AMTPDiM1LYYTO'�{t170,201@ SEE REVERSE SIDE FDA PF:A17H.6Q1EDtill:,' QIECECt ATe R1YM2W11,'ttiPEwlgYroLJCf34�ss, 8EEAEYFA^cE n.li$TAX MAY BE PAID IN ONE'Oq TWO'INSSTA"ENT3 S,DEFDA PEWlTY 5CryE0UtE.1�yRCD'JNTY,'C4HPfFtOLtER9 NgitCE ----------------- SECOND _ - - SECOND HALF - SOUTHOLD TAX LEVY • 2018-2014jSUFFOLK COUNTY TAX MAP NUMBER DETACH STUB AND RETURN WITH SECOND HALF PAYMENT- RETURN BOTH STUBS 473889 3.-7-3 FOR PAYMENT OF TOTAL,TAX, MAKE CHECK PAYABLE TO GEORGE R. SULLIVAN, RECEIVER OFTAXES AND WRITE BILL NO. AND" AX MAP NO. ON FACE OF THE CHECK. AMOUNT DUE BILL NO., PAID BY: E]ASSESSED ❑ OTHER F$492.62 1127 ❑ CHECK HERE IF YOU WANT A RECEIPT FI UTILITIES CO INC 4738890000000003XZ7Z3001127180000000000049262000985241 FIRST HALF�,SOUTHOLD TAX•LEVY • 26184019 SUFFOLKCCOUNTY TAX MAP NUMBER ' DETACHSTUB`FORFIRST•HALF`PAYME%�TT•-RENAN,BOTH-§TUBS'FOR 473889 3.-7-3 PAYMENT OF TOTAL'TAX, MAKE CHECK PAYABLE TO GEORGE R. SULLIVAN, REC"R OF TAXES AND,WRRJ� BILI ISO. AND.TAX MAP`NO. ON FACE OF THE CHECK , AMbUHIT DUE - WILL LVO. t x - F • • • 7 { 1 PAID BY: ❑ ASSESSED- ❑,,OTHER $492.62 1 127 ❑ CHECK HERE IF YOU WANT A FECEIFf FI UTILITIES CO INC $985.24 4738890000000003XZ7Z3001127180004926200000000000985243 Fishers Island Development Co. AV Bill To Fishers Island Utility Company Box 604 Fishers Island, NY 06390 Invoice Date Invoice # 1/2/2019 16186 Fidco Block Fidco Lot Acres 21 2 5.24 Description Acres Rate Amount Supplemental 550.00 550.00 Maintenance Assessment 5.24 75.00 393.00 SC Tax ID 1000-300-700-3000 Please make check payable to FIDCO Box 604 Fishers Island NY 06390 Total $943.00 You may pay your assessment on line through our website www.fidco.us. Click on the east end property owners section to find assessment link. Silverstein Appraisal Services, LLC February 25, 2019 Melissa A. Spiro Land Preservation Coordinator Dept. of Land Preservation Town of Southold 54375 State Route 25 P.O. Box 1179 Southold, NY 11971-0959 Re: Property of Fishers Island Utility Company Tax Parcel 1000-3.-7-3, Located on East End, Fishers Island, Town of Southold, NY Invoice: 35798 INVOICE For Professional Services: Robert H. Silverstein, MAI, SRA Mark B. DiMarco Fee: Total Due: Due on Receipt Tax ID #: 46-1645350 $1,400.00 $1,400.00 FEB 2 5 219 f Real Estate 322 State Street Robert H. Silverstein Valuation New London, CT 06320 MAI, SRA, META And Consulting Tel. 860-443-8405 Fax 860-442-9306 roberts@m sac. coin . TOWN OF SOUTHOLD VENDOR 019367 SILVERSTEIN APPRAISAL SVCS,'INC 03/12/201.9 CHECK 138786 A T." TOWN OF so umoLb /12/19 53095 MAIN ROAD, PO BOX 1179 AUDIT _.03, SOUTHOLD; NY 11971-0959 - CHECK NO. 138786 THE SUFFOLK CO. NATIONAL BANK • CUTCHOGUE, NY 11935 DATE AMOUNT, 6NI�_'THS k' -54612J4' 03-/12/2019 $x';'4;00. 0-0 _THOUSAND FOUR HUNDRED AND oo/loo'�b6LLARS'." PAY SILVERSTEIN APPRAISAL SVCS INC-,' )TkE 322 STATE STREET ORDER` dF NEW 'LONDON CT 06320-.1 V 1'38,786{{' 1:0 2 1 0 54641: 6 3 000004 0 Silverstein Appraisal Services, LLC June 11, 2019 Melissa A. Spiro Land Preservation Coordinator Dept. of Land Preservation Town of Southold 54375 State Route 25 P.O. Box 1179 Southold, NY 11971-0959 Re: Property of Fishers Island Utility Company Tax Parcel 1000-3.-7-3, Located on East End, Fishers Island, Town of Southold, NY Invoice: 35900 INVOICE For Professional Services: Robert H. Silverstein, MAI, SRA Revisions to Report for Updated Wetlands Map Fee: Total Due: Due on Receipt Tax ID #: 46-1645350 $500.00 $500.00 Mc oww JUN 1 2 2019 LAND PRESERVATION DEPT Town of Southold Real Estate 322 State Street Robert 1-1. Silverstein Valuation New London, CT 06320 -NIA1, SRA, MBA And Consulting Tel. 860-443-8405 Fax 860-442-9306 roberisCq�nisac coni 7, r TOWN OF SOUTHOLD VENDOR 019367 SILVERSTEIN APPRAISAL SVCS INC 07/02/2019 CHECK 139861 ri II W ,,'TOWN 011, Sou7yloLz) -AUPIT,.07/02/`201 53096 MAIN ROA11,400 BOX 1179 - SOUTHOLD, NY119Z,1-0959 CHECK"NO. 13986I' THE SUFFOLK CO- NATIONAL BANK CUTCHOGUE, NY 11935 1 DATE AMOUNT 7 60-5461214 07/02/2019'.$5Qo., 0,0 FIVE HUNDRED AND 00/100 DOLLARS �19 2r PAY SILVERSTEIN APPRAISAL SVCS INC TO THE OR DER' 322• STATE STREET NE W, LONDON -CT 063.20 or- I 3qa lll■ 1:0 2 140 546 I, I: 63 0000DL, 0 11" invoice CME Assoc., Eng, Land Surveying & Arch PO Box 535 Mansfield, CT 06268 Tel: 860-885-1055 1 Fax: 860-477-0506 www.cmeengineering.com September 30, 2019 Melissa Spiro Project No: 2019837.002 Town of Southold Invoice No: 000000001845 53095 Route 25 PO Box 1179 Southold, NY 11971 Project 2019837.002 Southold_SurveyFIDCO_Property_PO_33539 Professional Services from September 1. 2019 to September 30, 2019 Phase 001 Title Survey Map Fee Total Fee Percent Complete TERMS: NET 15 DAYS Telephone # 860-885-1055 - Fax 860-477-0506 1,850.00 100.00 Total Earned Previous Fee Billing Current Fee Billing Total Fee 1,850.00 0.00 1,850.00 1,850.00 Total this Phase $1,850.00 Total this Invoice $1,850.00 QC�C�COMC D OCT 1 0 2019 LAND PRESERVATION DEPT Town of Southold TOWN OF SOUTHOLD VENDOR 003441 CME ASSOCIATES ENGINEERING 10/22/2019 CHECK 140835 FUND & ACCOUNT P.O.#' INVOICE DESCRIPTION AMOUNT CM .8660.2.600.100 33539 1845 SURVEY -FI UTILITY -5.4 AC 1,850.00 TOTAL 1,850.00 ki TOWN OF SOUTHOLD -AUDIT 10/22/19 53095 MAIN ROAD, PO BOX 1179 SOUTHOLD, NY'l 1971-0959 CHECK NO. 14.0'835 THE SUFFOLK CO. NATIONAL BANK CUTCHOGUE, NY 11935 DATE AMOUNT - 56-54bi2T4 - iO'/2Y/2019 $11850.06 ONE THOUSAND"EIGHT HUNDRED FIFTY AND '00-/1100 DOLLARS TO Tj _CME ASSOCIATES ENGINEERING 'I E LAND ,SURVEY ARCHITECTURE: PLLC :OMER op 31 WILBUR CROSS WAY; STE 10S - MANSFIELD CT 06268 "'11,083SIle 1:0214054E4i: 6 3 00000 4 0 Invoice NELSON POPE VOORHIS environmental • land use • planning 572 Walt Whitman Road Melville, NY 11747 (631)427-5665 September 26, 2019 Melissa Spiro Project No: Town of Southold Dept of Land Presery Invoice No: Town Hall Project Manager 53095 State Rt 25, PO Box 1179 Southold, NY 11971 V 19X270.001.000 19956 Steven McGinn Project V1 9X270.001.000 Middle Farm Pond Property, Fishers Island Professional Services -------------------------------------------------------------------------------------------- PhaseSA 8/26/19 Contract- Phase I ESA -------------------------------------------------------------------------------------------- Task 1300 Phase IESA PO #33540 Fee 2,100.00 Total this Task $2,100.00 Total this Phase $2,100.00 Total this Invoice $2,100.00 Io��C�C MOVED 0 CT - 1 2019 LAND PRESERVATION DEPtr Town of Southold All invoices are due net 30 days A late charge of 1 % per month will be added to any unpaid balance after 30 days r T ' 7 TOWN OF SOUTHOLD VENDOR 014161 NELSON POPE & VOORHIS, LLC 10/08/2019 CHECK 140745 A m W A"A'AN- TOWN OF SOUTHOLD -AUDIT 10:/08/19 - - 53095 MAIN ROAD, PO BOX 1179, SOUTHOLD.,NY 11971-0959 CHECK' NO. 14074-5 THE SUFFOLK CO 'NATIONAL BBANK CUTCHOGUE, NY 11935 DATEA_M_OUNT ,-:' $2,'100 0'0. 5�-54612141 10/08/'2,019=, TWO THOUSAND ONi 'HUNDRED"AIW 00/1'0'0 DQLLARS Y NELSON POPE &-VOORHIS, LLC 0 572 WALT -WHITMAN ROAD- 0FR, M - ELVI . LLE NY -11747 I's 140 7L, Slim 1:02 Z 4054641: 63 000004 Oii® Read partners. Bead,possfbillfiee" INFORMATIONCLOSING C.1(0M Title Closer Mary Kolakowski Closing Date/Time ' 10/25/2019 9:00 AM Closing Location Southold Town - Dept. of Land Fee Insurance (Liability Amount: $480,000.00) $1,962.00 Preservation Southold Town - Dept. of Land Preservation -54395 Route 25, Southold, NY 11971 Transaction Type Fee Sale Amount $480,000.00 Loan Amount $0.00 REFERENCE INFORMATION Property Address (no #) East End Road, Town of Southold, City of Fishers Island, State of NY, District 1000, Section 003.00, Block 07.00, Lot 003.000 Property Type Commercial, Vacant County Suffolk Seller Fishers Island Utility Company, Inc. Buyer/Borrower Town of Southold SERVICES PROVIDED Applicant Melanie Doroski Lender N/A Lender Attorney N/A Seller Attorney John Gettinger, Esq. , - �IM.i_P7y,r,%i7'�,.q?W C.1(0M Title No. 7169163 Invoice No. 716916301 Invoice Date 10/18/2019 10:44 AM Applicant Melanie Doroski Lender N/A Lender Attorney N/A Seller Attorney John Gettinger, Esq. , - �IM.i_P7y,r,%i7'�,.q?W C.1(0M ! PREMIUM: Fee Insurance (Liability Amount: $480,000.00) $1,962.00 $1,962.00 ENDORSEMENTS: SEARCH FEES: Exam Add'l Exam: $105.00 (Heavy chain) Bankruptcy & Patriot: $40.00 (Grantor) EXEMPT FROM SALE TAX $145.00 $145 00 RECORDING FEES: *** Recording Fees Deed plus TP -584 & RP -5217 (5 pgs) $580.00 NOTE: Fee(s) above is/are estimated. Please add $5 for each add'l mae or subtract $5 for each page, if less than shown. $580.00 $580.00 TAXES: (TRANSFER/MANSION/MORTGAGE) NYS Transfer Tax (usually paid by seller) ($1,920.00) EXEMPT - See exemption claimed on transfer form ** Peconic Bay Regional Town Transfer Tax 1$8,100.00) EXEMPT - See exemption claimed on transfer form ** ADDITIONAL: Additional Fee Transfer Forms preparation $350.00 $350.00 Please remit payment to Stewart Title Insurance Company, 711 Westchester Avenue, Suite 302 White Plains, New York 10604, Attn Accounting Page 1 of 3 stewart mw Real pai lnem Real possibilities n' Invoice No.716916301 Surveys ($0.00) Provided ** Additional Fee ($200.00) Title Closer Services NOTE: Please pay directly to closer. ** SUBTOTAL: $3,037.00 $2,687.00 $350.00 $0.00 SALES TAX TOTAL; $0.00 $0.00 $0.00 TOTA $3,037.00 $2,687.00 $350.00 $0.00 * Taxable at 8.625%. ** Party responsible for payment Please remit a copy of this invoice with your check made payable to Stewart Title Insurance Company. CHECKS PAYABLE TO STIC AMOUNT PLEASE READ THE FOLLOWING IMPORTANT INFORMATION: CHECKS PAYABLE TO OTHER AMOUNT 1. IMPORTANT: The attached "Consumer Acknowledgment of Title Insurance Premiums, Fees, and Service Charges" must be reviewed and signed by all buyers, borrowers, sellers, lenders, or their authorized representative(s) at time of closing and/or issuance of the policy of insurance. 2. Estimated Invoice: We provide our estimates, as stated, based on the information we receive from the parties and usually without having been provided final documentation to be used at closing. Should there be a "change in circumstances" as defined in RESPA rules, Stewart Title reserves the right as allowed under the RESPA rules to revise our estimated closing costs at any time. 3. Refinance: If this is a refinance within ten (10) years, you may be entitled to a reduced premium. The estimated invoice may not reflect the reduced premium; all applicable reductions will be calculated upon review of title, as required by the TIRSA Rate Manual. 4. Additional Hour Fee: For all closings that exceed two (2) hours, a fee of $100.00 will be invoiced for each hour or part thereof at time of closing. If closing is 2 hours or less, please strike. See TIRSA Rate Manual Section 2(G):"The Company may impose additional charges for closing attendance in excess of two hours and for any closings extending beyond normal business hours and where additional attendances are necessary or travel arrangements and distance warrant." 5. Adjournments: Title and tax continuation fees will be invoiced as applicable for closings adjourned less than 24 hours from time of scheduled closing. An adjournment fee of $200.00 will be invoiced when the title closer has appeared at closing but closing is adjourned. For our Schedule of Fees please refer to our website: www.stewart.com/nymetro Please remit payment to Stewart Title Insurance Company, 711 Westchester Avenue, Suite 302 White Plains, New York 10604, Attn Accounting Page 2 of 3 i TOWN OF SO UTHOLD I i VENDOR 019,624 STEWART TITLE INSURANCE CO. 11/01/2019 CHECK 141011 1 A FUND & ACCOUNT P.O.# INVOICE DESCRIPTION' AMOUNT I . CM .8660.2.600.100 716916301 TITLE CLOSER -FI UTILITY /1)962.00 CM .8660.2.600.100 716916301A RECORDNG DEED -FI UTILITY 580.00 i CM .8660.2.600.100 716916301B SEARCH FEES -FI UTILITY 145.00 I " �-^,,''r� - TOTAL 2,687.00 ' '\ .rpt •' t +tr' ft's, _�_�', _, I , - to '�ulx'ftl ^.,•."t„ '7 ., \I 1 , r t11M.,i15 a -ii' * ih,{{ t^ r(7!_ ;.:t,'r,� 11;i,}r 1•''rl,i �.: .t:la',{ji`a;; lusij1ll "' fr r• —a�sx— ._. - --- - - '--'- I -°'Y--- �'+-1t '�$i'I•la• A:j,t, ,tl,; -rl.'I; �.l y'f ..- a,"rr _ .. - ---- -- - - - - -'" o- tit! -,'I, -.-ca— ;::tt _-,;.t�ll,rFl {c•r�, ��,'-�,=��1i �Iw. .'1}'„•-:>j`�{r;'�.��'i, :'i j d.lij ' I .. I r .n ni ��=!-N +.3P;`-1'7ti � •'"j: �'h;.;:rrj .fix' t1Y',j-.ti,.i.. ibfj>+rrR-r.4ii;J11 _�i;''h'urRli I ,' ,. „i e• M';x,'11 ��rt1�i_I cFT'-,I . Y �' rfi k"!' 12 t Jill •. �1, _ ; h, L tl"i .;..: S:. Iia'=1;}-6ill,ai�,'.t .r�,, �' 's{f r,. 'I! Til{tp r�.'c; j.�,'•.Ir -7. ,r ,�1i,r141, i. li3 r^i' Mi h��,'i++jAt �Igtl � r7 ir+rrrt . I'r ; t' i,t,l,3*� o I I .r I I I I --�— - ---- - - - -- - ------ - - - - ----- ---- --- - --- -- -- - - - --- -- ---/ - '- - - - - - - I' ^- i - I i • I .y . t I TOWN OF SO UTHOLD 11/01/19 CLOSING 53095 MAIN ROAD, PO BOX 1179 , ISOUTHOLD, NX 1 1 971-0959 CHECK NO 141011 THE SUFFOLK CO• NATIONAL BANK CUTCHOGUE, NY 11935 DATE AMOUNT 4I 50,546!214' = 11,/'0T/'2019 $2y'68'7.06 'TWO THOUSAND SIX"HUNDRED EIGHTY SEVEN AND 0-0 / 10 0 DOLLARS, AY 'STEWART TITLE, INSURANCE CO. TO THE 7'll WESTCHESTER AVE,, SUITE 3 02+a 6p WHITE' WHI'L'E' PLAINS , -NY 1'0804 Ji' 14 10 11ii' 1:0 2 140 54641: 63 000004 Oils 11. .;;. - _ --• - - - � .�,¢, h : �.;..�' ' - .- =-+`�� _•- -,-- � ' 2335 1 CHARTER OAK \ •'S:, - _ °"".srr i',F^1,• •`r.'' ",r_-` _ - - •FEDERAL CREDIT UNION 51=7699/2111 FISHERS;I,SLANrD: UTIL'ITX:,COc INC:'. -103 'd;�`, 4. J - : ., • f` . CHECK dRMOR ®PERATING ACCOUNT _ .PO�BOX'604a,=1':{p"' .� h`. • `f, _ _ _ -: _ . ;�:�,'•, .: •-W �:.;,'>. s,_ _tY:_ 1`0/31/2019 FISHERS,ISLAND',;NY FAY,TOnTFIE- YTitle''I'n`surance'�=W '.:' r '' s i "'350.00 "ORDER, F �;.,;;.9;t3K:le, S,{,,:=•• w� +:�, z„ < f,x�.:E9':.�'(.�: n i i�.- ..�•'' .. , +r'*** :Three Hundred Fifty grid 00%<1,00 .' ;, e «= � '3.•:(l. 4')f e :\< r-' \\ S<4e i-^y�''J if .nJ:�W...s. -,:r• ahs ^ (j s ,,t• • t a' 4 DOLLARS tt4'f S:'�. _ r. - - - � a -f.' �f`' `t, rrt, ,+; `n,, �• >.. ,i,z < Z •,, !.. - ��;-j� �ewa"' �,Title�lnsurance�..;��,:.:;" �,.', �r, ••E, - �J<>_-_: - _ _ _ `L- _�S^.e'4u--'1' :i; x+..•`:a" ""!,^)^ 's?)ys, �= ;�, 4+, y:,a+t' ,•�,. �.r;<C r+•,.r"•• '.' �'- _ � ..,�L.z.. .%, �L, ri ,a'il''• �;tSiE�:: �}'�'',,"�},.f ,3..f^i�, :4'P% ,.�.,r.-•n: .: � LIS `VALI®.tG; . n� i•4+ �i9 - • ALiQ� _ ;Sai; .'T ?.i. ',`�s. �}. '�Y: 'S.t F= j- ' 44 r �j •' •�"�%•' �f+,.'�`\'�,'•..f' 3-"'1•`....-'.' S` _ j _ It >i.�l3cn __�: af,i�_.'ii1•� '^�`� e-}:� �f".7>p _ %.7'. .+I E p��/ - .- Q Y°: :�� _ .t. 4',�j�i�is�.•��` ^'^I'. ^. '.'..4.r '•ti _ �E��`VAL'Y9, Y,�` "f l' R• _ Il r c•`,i:i-47,�.;a - .,,1.,,%y. .-5•',^33`5,'x9 ._ 4`; F; �;sz��:•,!:C,\"5�,: - r.:- ..;_ .�•- __ .�( 'L/.. SNP; � :MEINO....,i $' AUTHORIZED AIURE HEAT SENSITIVE ¢t» �'9�*dt �;.- rF°! sh.�;v 1=` xx.'F":'.?':roy...' i�7 _r�,`,� .ji'i".•",' ?�� C F. F•.. .. , e .4 . .� 9': tiF1{',.r,ti ^, s.z..``:'y<° �`T': , rYr �r ..0 a '�^ai -d `..• � , v .. r :, `.)1• t,.,-. i�' -. .. .y: ... .. :2 eR .,. 3'... wt.? ... .. _...r.n - z. .. .. .n+..Y,. .x zs-. _ ,. r. .. .... \ •:avi-1 (f FISHERS ISLAND UTILITY CO. INC. Stewart Title Insurance Date Type Reference 10/31/2019 Bill 31 Operating Checkin FISHERS ISLAND UTILITY CO. INC. Stewart Title Insurance Date Type Reference 10/31/2019 Bill 31 Operating Checkin 10/31/2019 Original Amt. Balance Due Discount 35000 350.00 Check Amount i 10/31/2019 Original Amt Balance Due Discount 350.00 350.00 Check Amount 2335 Payment 350.00 35000 35000 2335 Payment 35000 350.00 35000 119 � I I IN M 16 IN ala i^.,,1 Rev 17 104521 t019. ,7."riJ£2?i+E W WE TOWN OF SOUTHOLD VENDOR 004294 SAL DIMISA 11/01/2019- CHECK 141008 FUND & ACCOUNT CM .8660.2.600.100 E-29-90 -11OWN k T\ TOWN OF SOUTHOLD 53095 MAIN ROAD, RO BOX 1179 11101119' CLOSING', SOUTHOLD, NY 11971-0959 - CHECK' NO. '14100:8 THE SUFFOLK CO. NATIONAL BANK CUTCHOGUE, NY 11935 DATE AMOUNT 50,546 11/01/� 91, $150 00 Y /214 201 HUNDkEb FIFTY'A�D 00 Q DOLLARS ...... PAY SAL DIMISA rO THE '309 PINE. STREET �o 9RDER or • FREEPORT NY 11520 7, Ila L4 1008iin 1:0 2 L4054641: 63 DOOOOL, 0 a' '-- - - - - - - - - - - , f - - - - - - - - - - - - - - - - 4- F.! ��i 1? 4k, - - - - - - - - - - - - - - - - - - - - - - - z - - - - - - - - - - - - pq 1xi 4- qTi ..Iqtm ", 4p, E-29-90 -11OWN k T\ TOWN OF SOUTHOLD 53095 MAIN ROAD, RO BOX 1179 11101119' CLOSING', SOUTHOLD, NY 11971-0959 - CHECK' NO. '14100:8 THE SUFFOLK CO. NATIONAL BANK CUTCHOGUE, NY 11935 DATE AMOUNT 50,546 11/01/� 91, $150 00 Y /214 201 HUNDkEb FIFTY'A�D 00 Q DOLLARS ...... PAY SAL DIMISA rO THE '309 PINE. STREET �o 9RDER or • FREEPORT NY 11520 7, Ila L4 1008iin 1:0 2 L4054641: 63 DOOOOL, 0 CLOSING CHECKLIST Fishers Island Utility Company, Incorporated to Town of Southold Purchase of No # East End Road, Fishers Island, Now York Closing: November 1, 2019 by mail 1. Contract of Sale; 2. Payment of balance of purchase price ($480.238.38] (a) Shutters & Sails LLC $24,000.00 (b) Fishers Island Utility Company, Incorporated $456,238.38 3. Bargain and Sale Deed; 4. Combined Tax Affidavit; a. Equalization Report, 6, Peconic Bay Tax Farm; 7, Board Consent (Meeting Minutes) 8. Maintenance and Assessment better, 9, Good Standing Certificate; 10, Phase I Environmental; 11, Title Report; 12, FIRPT,A. Certification; 13, Payment of Seller's Expenses: A, To Stewart Title Insurance Company (1) PREP Documents _ 35OA0 $ 350,00 11, To Shutters & Sails LLC Fisher Island Ictal Estate $24,000,00 SCHEDULE OF CLOSING ADJUSTMENTS Fishers Island Utility Company, Incorporated to Town of Southold Closing: November 1, 2019 by mail CREDITS TO SELLER: Purchase Price 2018/19 Town and School Tax ($985.24) Covers 12/1/18-11/30/19 Adjust 30 days at $2.70 2019 Assessment Charges ($943.00) Covers 1/1/19-12/31/19 Adjust 61 days at $2.58 TOTAL CREDITS TO SELLER CREDITS TO PURCHASER: Down Payment TOTAL CREDITS TO PURCHASER: BALANCE DUE SELLER AT CLOSING: $480,000.00 81.00 157.38 M $480,238.38 MELISSA A. SPIRO LAND PRESERVATION COORDINATOR melissa spiro@town southold.ny.us Telephone (631) 765-5711 Facsimile (631) 765-6640 o�QS�FFO(,�C o ' CA 2 oy�o ao�� DEPARTMENT OF LAND PRESERVATION TOWN OF SOUTHOLD OFFICE LOCATION: Town Hall Annex 54375 State Route 25 (corner of Main Rd & Youngs Ave) Southold, New York MAILING ADDRESS: P O Box 1179 Southold, NY 11971-0959 To: Supervisor Russell Tax Assessors Town Board Building Department Town Clerk Town Comptroller Land Preservation Committee Planning Board Town Attorney Trustees Public Works The Nature Conservancy Land Management Peconic Land Trust, Inc. Suffolk Co Division of Real Estate From: Melissa Spiro, Land Preservation Coordinator Date: November 7, 2019 Re: FISHERS ISLAND UTILITY COMPANY, INC. to TOWN OF SOUTHOLD Open Space Acquisition Please be advised that the Town of Southold has acquired fee title to the property listed below. If you would like any additional information regarding the acquisition, please feel free to contact me. LOCATION: No # East End Road, Fishers Island SCTM #: 1000-3.-7-3 PROPERTY OWNER: Fishers Island Utility Company, Inc. CONTRACT DATE: August 30, 2019 PURCHASE DATE: Closing took place November 6, 2019 PURCHASE PRICE: $ 480,000.00 OPEN SPACE: 5.35 acres FUNDING: Community Preservation Funds (2% land bank) MISCELLANEOUS: The Town has acquired this property for open space purposes including passive recreation, access to Middle Farms Pond, and wetland protection. All uses of the property will be subject to a Stewardship Management Plan which will be developed for this property and will be subject to Town Board approval.