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Home My WebLink AboutHighpoint Meadows (2) . .0 j JUDITH T. TERRY TOWN CLERK REGISTRAR Of VITAL STATISTICS Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 FAX (516) 765.1823 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS ADOPTED BY THE SOUTHOLD TOWN BOARD AT A REGULAR MEETING HELD ON MARCH 13. 1990: RESOLVED that the Town Board of the Town of Southold hereby determines that the amount of $5.000.00 shall be deposited with the Town in lieu of land for Park and Playground purposes in the subdivision of Highpoint Meadows. Section One. located at Southold, New York. of which the sum of $100.00. being the appraisal cost, shall be deducted and payable to the General Fund, the balance deposited in the Park and Playground Trust Account. #P?d~~ ~f:~~ Southold Town ~I~rl March 15. 1990 . . JUDITH T. TERRY TOWN CLERK REGISTRAR Of VITAL STATISTICS Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 FAX (516) 765-1823 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOllOWING RESOLUTION WAS ADOPTED BY THE SOUTHOlD TOWN BOARD AT A REGULAR MEETING HELD ON MARCH 13, 1990: RESOLVED that the Town Board of the Town of Southold hereby determines that the amount of $26,950.00 shall be deposited with the Town in lieu of land for Park and Playground purposes in the subdivision of Highpoint Meadows, Section Two, located at Southold, New York, of which the sum of $100.00, being the appraisal cost, shall be deducted and payable to the General Fund, the balance deposited in the Park and Playground Trust Account. ;-?~ Judith T. Terry (7 Southold Town Clerk March 15, 1990 . . JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL STATISTICS Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 FAX (516) 765-1823 TELEPHONE (516) 765-1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS ADOPTED BY THE SOUTHOLD TOWN BOARD AT A REGULAR MEETING HELD ON MARCH 13, 1990: RESOLVED that the Town Board of the Town of Southold hereby determines that the amount of $10,200.00 shall be deposited with the Town in lieu of land for Park and Playground purposes in the subdivision of Highpoint Meadows, Section Three, located at Southold, New York, of which the sum of $100.00, being the appraisal cost, shall be deducted and payable to the General Fund, the balance deposited in the Park and Playground Trust Account. t7 ./..Y ~~ ~~e~ Southold TownCI~rk (7 ~ March 15, 1990 ...... . I ;;.e-T /t- ~~~jSR, DBlVl Co@ HERBERT R. MANDEL RICHARD ISRAEL MMeh 1, 1990 RECEMD MAR 2 1990 Sou.tho.e.d Town BOMd Southo.e.d Town Ha.t.e. MM.1t Road Sou;tho.e.d, 14. Y. 11971 SoutI.n,,, T ~"'- "'I~'" Re.: H..tghpo..tnt Me.a.doW6--6e.e. ..tn Ue.u 06 PMk1a.nd G e.nt.e.e.me.n; In utabwh..tng the. 6e.e. wlu.eh you may Jte.Qu..Ute. ..tn eonne.c..t.i.olt w.Uh the. ma.pp..i.ng 06 thM a660Jtda.b.e.e. hotUl..tng cU.6tJt..i.et, p.e.lUL6e. eOn.6..tde.Jt the. 60Uow.Lltg: 1. ha.e.6 06 the. pJtQpe.Jtty, PWL6uant to Town eode., .u.. Um..tte.d ..tit ,safu pJt..i.ee. "vafue." to an amount wh..teh .u.. .e.u,s than ha.e.6 mMk.e.t vafue., the.Jte.60Jte. a 6e.e. bMe.d upon 75% 06 app~e.d vafue. woa.td tak.e. .th.u.. ..tnto aeeoul1..t. 2. Co,su appUeab.e.e. to a eJte.a.U.on 06 a660Jtda.b.e.e. hOtUl..tng Mwa.td be. m.i.l'Ii.m..tze.d ..tn oJtde.Jt to 6acA..U.t.a.te. Oalt TOWn Jte.euv..tng the. be.ne.6m 06 Meh hotUl..tng. Ve.Jty tJta.e.y yoWL6, .~~~ He.Jtbe.Jtt R. Mande..t HRM(i,p; '-.."..~,/ 443 Main Street. Greenport, NY 11944. (516) 477-2223 . . FfrstlOwne, ~alty I MAIN ROAO SOUTHOLO. NEW YORK 11971 (516) 765-2288 LEWIS EOSON LICENSED BROKER MAIN ROAD CUTCHOGUE. NEW YORK 11935 (5161 734~687 RECEIVED FEB 27 1990 Sout!'oH T~.,,- rl_.~ February 27, 1990 APPRAISAL REPORT FOR THE TOWN OF SOUTHOLD OF PROPERTY AT BOISSEAU AVENUE SOUTHOLD, NEW YORK 11971 KNOWN AS HIGHPOINT II SECTION I . . ffrstlOwne, ~altyl, MAIN ROAD SDUTfiOLD. NEW YDRK 11971 (516) 765-2288 LEWIS EDSON LICENSED BROKER MAIN ROAD CUTCHOGUE, NEW YORK 11935 (516) 734-6687 February 27, 1990 ----------------------- In the Matter of ) The Town of Southold ) ----------------------- State of New York ) ) SS ) County of Suffolk Lewis L. Edson being duly sworn, deposes and say: I am over 21 years of age and reside at Southold, Town of Southold, Suffolk County, New York. I am a duly licensed real estate broker and sole owner of First Towne Realty of Southold and Cutchogue, New York. I have acted in some sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in the Town of Southold. . . On or about December 4, 1989, the Town of Southold requested First Towne Realty to make an appraisal of certain property in the Town of Southold, Village of Southold, State of New York. While I was then generally familiar with the property, I have since carefully inspected all of the property for the purpose of appraising it. The parcel contains approximately 3.0448 acres with 50.03 feet on Boisseau Avenue and is located in the Village of Southold, Town of Southold, County of Suffolk, State of New York and is bounded on the east by other lands of Mandel and Isreal and on the north by Taplin and on the south by Simcik and on the west by Boisseau Avenue. The property is overgrown farmland. The 1989 - 1990 Southold Town Assessment is: Land Total $9,400 $9,400 Subject parcel is a part of a larger parcel at present. In my opinion a fair market value for the parcel on December 4, 1989 is $100,000 for the 3 acre parcel. . . Suffolk County Tax Map Number: 1000-55-6-15.1 part of Southold Town Taxes 1989 - 1990: $4,125.21 Property is zoned Affordable Housing District. Respectfully submitted, Lewis L. Edson Subscribed to and sworn before me of February 1990. Notary Public t:Nk '" . J I I I SUBJECT PROPERTY . . LIMITING CONDITIONS This appraisal is subject to the following limiting conditions. The legal description furnished is assumed to be correct. I assume no responsibility for matters legal in character, nor do I render any opinion as to title, which is assumed to be marketable. All existing liens and encumbrances have been disregarded and the property is appraised as though free and clear under responsible ownership and competent management. I have made no survey of the property and assume no responsibility in connection with such matters. Unless otherwise noted herein, it is assumed that there are no encroachments, zoning violations or restrictions existing in the Subject Property. Information, estimated and opinions contained in this report are obtained from sources considered reliable, however, no liability for them can be assumed by the appraiser. Possession of this report, or a copy thereof, does not carry with it the right of publication, nor may it be used for any purpose by any but the applicant without the previous written consent of the appraiser or the applicant, and in any event only with proper qualification. I am not required to give testimony or attendance in court by reason of this appraisal, with reference to the property in question, unless arrangements have been made previously herefore. The division of land and improvement values estimated herein is applicable only under the program of utilization shown. There separate valuations are invalidated by any other applicant. . . QUALIFICATIONS OF LEWIS L. EDSON I am a licensed Real Estate Broker with an office at Main Road, Southold, Suffolk County, New York. I have acted in many sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in Southold. Prior to opening First Towne Realty in June, 1976, I was with McDonald's Corporation as Director in Charge of new site development. During my nine year tenure, I either purchased or approved the purchase of over 300 locations in the Northeastern section of the United States and Canada. I have done many appraisals in the Town of Southold for individuals, attorneys, and I am an authorized appraiser for the North Fork Bank & Trust Company for commercial properties. I am a member of the Eastern Suffolk Board of Realtors. I have also qualified as an expert witness pertaining to real estate matters, before the Supreme Court of New York and the United States Federal Tax Court. . . nrstlOwne, ~alty ;, . . MAIN ROAD SOUTHOLO. NEW YORK 11971 15161 765-2288 LEWIS EDSON LICENSED BROKER MAIN ROAD CUTCHOGUE. NEW YORK 11935 (516) 734-6687 REC!:IVED fIB 2 7 1990 February 27, 1990 ~'.'1'1..~,..,1...1 . , APPRAISAL REPORT FOR THE TOWN OF SOUTHOLD OF PROPERTY AT TUTHILL ROAD SOUTHOLD, NEW YORK 11971 KNOWN AS HIGHPOINT II SECTION II . . FrrstlOwne, ~altyl, MAIN ROAO SOUTHOLO. NEW YORK 11971 (5161 765-2288 LEWIS EOSON LICENSED BROKER MAIN ROAD CUTCHOGUE. NEW YORK 11935 (5161 734-66S7 February 27, 1990 In the Matter of ) The Town of Southold ) State of New York ) ) SS ) County of Suffolk Lewis L. Edson being duly sworn, deposes and say: I am over 21 years of age and reside at Southold, Town of Southold, Suffolk County, New York. I am a duly licensed real estate broker and sole owner of First Towne Realty of Southold and Cutchogue, New York. I have acted in some sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in the Town of Southold. . . On or about December 4, 1990, the Town of Southold requested First Towne Realty to make an appraisal of property in the Town of Southold, Village of Southold, State of New York. While I was then generally familiar with the property, I have since carefully inspected all of the property for the purpose of appraising it. The parcel contains approximately 24.4998 acres in the Village of Southold, Town of Southold, County of Suffolk, State of New York and is bounded on the north by Yennecott Park subdivision on the east by O'Malley and other lands of Mandel and Isreal on the south by Codan and on the west by Highpoint II Section I proposed subdivision. The property is overgrown farmland. The 1989 - 1990 Southold Town Assessment is: Land To tal $9,400 $9,400 Subject parcel is a part of a larger parcel at present. In my opinion a fair market value for the parcel on December 4, 1989 is $22,000 per acre or $539,000. . . Suffolk County Tax Map Number: 1000-55-6-15.1 part of Southold Town Taxes 1989 - 1990: $4,125.21 Property is zoned Affordable Housing District. Lewis L. Edson Licensed Real Estate Broker Subscribed to and sworn before me this 27th day of February 1990. ~02~ Notary Public ROBm 1. sr.m: JR. NOTA,W h" . c, c;.te of N.Y. No. 4725089. Suffolk Couolr., l8nII ExpirllMar 31.18 :t:.D ~ " ~ ~ SUBJECT PROPERTY 1 . . LIMITING CONDITIONS This appraisal is subject to the following limiting conditions. The legal description furnished is assumed to be correct. I assume no responsibility for matters legal in character, nor do I render any opinion as to title, which is assumed to be marketable. All existing liens and encumbrances have been disregarded and the property is appraised as though free and clear under responsible ownership and competent management. I have made no survey of the property and assume no responsibility in connection with such matters. Unless otherwise noted herein, it is assumed that there are no encroachments, zoning violations or restrictions existing in the Subject Property. Information, estimated and opinions contained in this report are obtained from sources considered reliable, however, no liability for them can be assumed by the appraiser. Possession of this report, or a copy thereof, does not carry with it the right of publication, nor may it be used for any purpose by any but the applicant without the previous written consent of the appraiser or the applicant, and in any event only with proper qualification. I am not required to give testimony or attendance in court by reason of this appraisal, with reference to the property in question, unless arrangements have been made previously herefore. The division of land and improvement values estimated herein is applicable only under the program of utilization shown. There separate valuations are invalidated by any other applicant. , . . . QUALIFICATIONS OF LEWIS L. EDSON I am a licensed Real Estate Broker with an office at Main Road, Southold, Suffolk County, New York. I have acted in many sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in Southold. Prior to opening First Towne Realty in June, 1976, I was with McDonald's Corporation as Director in Charge of new site development. During my nine year tenure, I either purchased or approved the purchase of over 300 locations in the Northeastern section of the United States and Canada. I have done many appraisals in the Town of Southold for individuals, attorneys, and I am an authorized appraiser for the North Fork Bank & Trust Company for commercial properties. I am a member of the Eastern Suffolk Board of Realtors. I have also qualified as an expert witness pertaining to real estate matters, before the Supreme Court of New York and the United States Federal Tax Court. . . ffrstlOwne, ~alty I MAIN ROAD SOUTHOLD, NEW YORK 11971 15161 765-2288 LEWIS EDSON LICENSED BROKER MAIN ROAD CUTCHOGUE, NEW YORK 11935 (5161 734-6687 RECEIVED FEB 2 7 1990 February 27, 1990 So""',,I"! T ,-..- ~I."J, APPRAISAL REPORT FOR THE THE TOWN OF SOUTHOLD OF PROPERT AT SOUTHOLD, NEW YORK 11971 KNOWN AS HIGHPOINT II SECTION III . . FrrstlOwne, ~alty ;1, MAIN ROAD SDUTHOLD, NEW YORK 11971 15161 765-2288 LEWIS EDSON LICENSED BROKER MAIN ROAD CUTCHOGUE, NEW YORK 11935 15161 734-6687 February 27, 1990 In the Matter of ) The Town of Southold ) State of New York ) ) SS ) County of Suffolk Lewis L. Edson being duly sworn, deposes and say: I am over 21 years of age and reside at Southold, Town of Southold, Suffolk County, New York. I am a duly licensed real estate broker and sole owner of First Towne Realty of Southold and Cutchogue, New York. I have acted in some sales and purchases in the Town of Southo1d. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in the Town of Southold. . . On or about December 4, 1990, the Town of Southold requested First Towne Realty to make an appraisal of property in the Town of Southold, Village of Southold, State of New York. While I was then generally familiar with the property, I have since carefully inspected all of the property for the purpose of appraising it. The parcel contains approximately 10.2174 acres and is located in the Village of Southold, Town of Southold, County of Suffolk, State of New York and is bounded on the east by O'Malley on the north by O'Malley on the south by Mooney and on the west by Highpoint II Section II a proposed subdivision. The property is overgrown farmland. The 1989 - 1990 Southold Town Assessment is: Land Total $9,400 $9,400 Subject parcel is a part of a larger parcel. In my opinion a fair market value for the parcel on DEcember 4, 1989 is $20,000 per acre or $204,000. . . Suffolk County Tax Map Number: 1000-55-6-15.1 part of Southold Town Taxes 1989 - 1990: $4,125.21 Property is zoned Affordable Housing District. Respectfully submitted, ~ Lewis L. Edson Licensed Real Estate Broker Subscribed to and sworn before me this 27th day of February 1990. ~~JR. . e....R'i ,- ~ ( SUBJECT PROPERTY . . LIMITING CONDITIONS This appraisal is subject to the following limiting conditions. The legal description furnished is assumed to be correct. I assume no responsibility for matters legal in character, nor do I render any opinion as to title, which is assumed to be marketable. All existing liens and encumbrances have been disregarded and the property is appraised as though free and clear under responsible ownership and competent management. I have made no survey of the property and assume no responsibility in connection with such matters. Unless otherwise noted herein, it is assumed that there are no encroachments, zoning violations or restrictions existing in the Subject Property. Information, estimated and opinions contained in this report are obtained from sources considered reliable, however, no liability for them can be assumed by the appraiser. Possession of this report, or a copy thereof, does not carry with it the right of publication, nor may it be used for any purpose by any but the applicant without the previous written consent of the appraiser or the applicant, and in any event only with proper qualification. I am not required to give testimony or attendance in court by reason of this appraisal, with reference to the property in question, unless arrangements have been made previously herefore. The division of land and improvement values estimated herein is applicable only under the program of utilization shown. There separate valuations are invalidated by any other applicant. . . QUALIFICATIONS OF LEWIS L. EDSON I am a licensed Real Estate Broker with an office at Main Road, Southold, Suffolk County, New York. I have acted in many sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in Southold. Prior to opening First Towne Realty in June, 1976, I was with McDonald's Corporation as Director in Charge of new site development. During my nine year tenure, I either purchased or approved the purchase of over 300 locations in the Northeastern section of the United States and Canada. I have done many appraisals in the Town of Southold for individuals, attorneys, and I am an authorized appraiser for the North Fork Bank & Trust Company for commercial properties. I am a member of the Eastern Suffolk Board of Realtors. I have also qualified as an expert witness pertaining to real estate matters, before the Supreme Court of New York and the United States Federal Tax Court. . ~ FfrstlOwne, ~alty J t, '.", Jl~'''''' .' MAIN ROAD SDUTHOLD. NEW YORK 11971 (516) 765-2288 LEWIS EDSON LICENSED BROKER MAIN ROAD CUTCHOGUE, NEW YORK 11935 (5161 734-6687 RECEIVED FES 1 6 1990 C th 1_1 T.......- rl.."..1.r ~Ol! n,n . February 16, 1990 APPRAISAL REPORT FOR THE TOWN OF SOUTHOLD OF PROPERTY AT BOISSEAU AVENUE SOUTHOLD, NEW YORK 11971 KNOWN AS HIGHPOINT II SECTION I . . ffrstlOwne, ~alty ,I, , ....\...., MAIN ROAD SDUTHOLD. NEW YDRK 11971 15161 765-2288 LEWIS EDSON LICENSED BROKER MAIN ROAD CUTCHOGUE, NEW YORK 11935 (5161 734-6687 February 16, 1990 ----------------------- In the Matter of ) The Town of Southold ) ----------------------- State of New York ) ) SS ) County of Suffolk Lewis L. Edson being duly sworn, deposes and say: I am over 21 years of age and reside at Southold, Town of Southold, Suffolk County, New York. I am a duly licensed real estate broker and sole owner of First Towne Realty of Southold and Cutchogue, New York. I have acted in some sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in the Town of Southold. ....- . . On or about December 4, 1989, the Town of Southo1d requested First Towne Realty to make an appraisal of certain property in the Town of Southold, Village of Southold, State of New York. While I was then generally familiar with the property, I have since carefully inspected all of the property for the purpose of appraising it. The parcel contains approximately 3.0448 acres with 50.03 feet on Boisseau Avenue and is located in the Village of Southold, Town of Southold, County of Suffolk, State of New York and is bounded on the east by other lands of Mandel and Isreal and on the north by Taplin and on the south by Simcik and on the west by Boisseau Avenue. The property is overgrown farmland. The 1989 - 90 Southold Town Assessment is: Land $9,400 Total $9,400 Subject parcel is a part of a larger parcel at present. In my opinion a fair market value for the parcel on December 4, 1989 is $80,000 for the 3 acre parcel. ,"," '. . .- Suffolk County Tax Map Number: 1000-55-6-15.1 part of Southold Town Taxes 1989 - 1990: $4,125.21 Property is zoned residential. Respectful d, Lewis L. Edson Licensed Real Estate Broker Subscribed to and sworn before me this 16th day of February 1990. f! YO L? ~ {/~(J Notary CLAIRE L GLEW Notary Public, State of New York No. 4879505 Qualified in Suffolk County t../..-i Cnmmtss/an E,<p!res December 8. 19i1l -'-, ~. \,. . , ] I I, I , 1 I SUBJECT PROPERTY . . QUALIFICATIONS OF LEWIS L. EDSON I am a licensed Real Estate Broker with an office at Main Road, Southold, Suffolk County, New York. I have acted in many sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in Southold. Prior to opening First Towne Realty in June, 1976, I was with McDonald's Corporation as Director in Charge of new site development. During my nine year tenure, I either purchased or approved the purchase of over 300 locations in the Northeastern section of the United States and Canada. I have done many appraisals in the Town of Southold for individuals, attorneys, and I am an authorized appraiser for the North Fork Bank & Trust Company for commercial properties. I am a member of the Eastern Suffolk Board of Realtors. I have also qualified as an expert witness pertaining to real estate matters, before the Supreme Court of New York and the United States Federal Tax Court. -'.' -. . . LIMITING CONDITIONS This appraisal is subject to the following limiting conditions. The legal description furnished is assumed to be correct. I assume no responsibility for matters legal in character, nor do I render any opinion as to title, which is assumed to be marketable. All existing liens and encumbrances have been disregarded and the property is appraised as though free and clear under responsible ownership and competent management. I have made no survey of the property and assume no responsibility in connection with such matters. Unless otherwise noted herein, it is assumed that there are no encroachments, zoning violations or restrictions existing in the Subject Property. Information, estimated and opinions contained in this report are obtained from sources considered reliable, however, no liability for them can be assumed by the appraiser. Possession of this report, or a copy thereof, does not carry with it the right of publication, nor may it be used for any purpose by any but the applicant without the previous written consent of the appraiser or the applicant, and in any event only with proper qualification. I am not required to give testimony or attendance in court by reason of this appraisal, with reference to the property in question, unless arrangements have been made previously herefore. The division of land and improvement values estimated herein is applicable only under the program of utilization shown. There separate valuations are invalidated by any other applicant. , .' ," '\. 't, \.. . nrstlOwne, ~alty ;1., " MAIN ROAO SOUTHOLD. NEW YORK 11971 (5161765-2288 LEWIS EOSON LICENSED BROKER MAIN ROAD CUTCHOGUE, NEW YORK 11935 (5161734-6687 RECEIVED FEB . h 1~QI' 1 v ,.~,.~, ~C>t,tt--(")L-4 T"""~ r'~..k February 16, 1990 APPRAISAL REPORT FOR THE TOWN OF SOUTHOLD OF PROPERTY AT TUTHILL ROAD SOUTHOLD, NEW YORK 11971 KNOWN AS HIGHPOINT II SECTION II Ie . nrstlOwne, ~alty', " MAIN ROAD SOUTHOLD, NEW YORK 11971 15161 765-2288 LEWIS EDSON LICENSED BROKER MAIN ROAD CUTCHOGUE. NEW YORK 11935 1516) 734-6687 February 16, 1990 In the Matter of ) The Town of Southold ) State of New York ) ) SS ) County of Suffolk Lewis L. Edson being duly sworn, deposes and say: I am over 21 years of age and reside at Southold, Town of Southold, Suffolk County, New York. I am a duly licensed real estate broker and sole owner of First Towne Realty of Southold and Cutchogue, New York. I have acted in some sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in the Town of Southold. '. . '\ ) .- On or about December 4, 1990, the Town of Southold requested First Towne Realty to make an appraisal of property in the Town of Southold, Village of Southold, State of New York. While I was then generally familiar with the property, I have since carefully inspected all of the property for the purpose of appraising it. The parcel contain approximately 24.4998 acres in the Village of Southold, Town of Southold, County of Suffolk, State of New York and is bounded on the north by Yennecott Park subdivision on the east by O'Malley and other lands of Mandel and Isreal on the south by Codan and on the west by Highpoint II Section I proposed subdivision. The property is overgrown farmland. The 1989 - 1990 Southold Town Assessment is: Land $9,400 Total $9,400 Subject parcel is a part of a larger parcel at present. In my opinion a fair market value for the parcel on December 4, 1989 is $12,000 per acre or $294,000. ; I, I . ,. .' Suffolk County Tax Map Number: 1000-55-6-15.1 part of Southold Town Taxes 1989 - 1990: $4,125.21 Property is zoned residential. Respectfully submitted, 4 Lewis L. Edson Licensed Real Estate Broker Subscribed to and sworn before me this 16th day of February 1990. (7ja[~ ;;(W?~tj Notary Public ClAIRE L GLEW NOIlIry Public, State of New Yart No. 4879606 (It Qualified In Suffolk County Commission Expires December 8. 1~ ". . '" / (, SUBJECT PROPERTY y . . ? QUALIFICATIONS OF LEWIS L. EDSON I am a licensed Real Estate Broker with an office at Main Road, Southold, Suffolk County, New York. I have acted in many sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in Southold. Prior to opening First Towne Realty in June, 1976, I was with McDonald's Corporation as Director in Charge of new site development. During my nine year tenure, I either purchased or approved the purchase of over 300 locations in the Northeastern section of the United States and Canada. I have done many appraisals in the Town of Southold for individuals, attorneys, and I am an authorized appraiser for the North Fork Bank & Trust Company for commercial properties. I am a member of the Eastern Suffolk Board of Realtors. I have also qualified as an expert witness pertaining to real estate matters, before the Supreme Court of New York and the United States Federal Tax Court. ., . ". J' LIMITING CONDITIONS This appraisal is subject to the following limiting conditions. The legal description furnished is assumed to be correct. I assume no responsibility for matters legal in character, nor do I render any opinion as to title, which is assumed to be marketable. All existing liens and encumbrances have been disregarded and the property is appraised as though free and clear under responsible ownership and competent management. I have made no survey of the property and assume no responsibility in connection with such matters. Unless otherwise noted herein, it is assumed that there are no encroachments, zoning violations or restrictions existing in the Subject Property. Information, estimated and opinions contained in this report are obtained from sources considered reliable, however, no liability for them can be assumed by the appraiser. Possession of this report, or a copy thereof, does not carry with it the right of publication, nor may it be used for any purpose by any but the applicant without the previous written consent of the appraiser or the applicant, and in any event only with proper qualification. I am not required to give testimony or attendance in court by reason of this appraisal, with reference to the property in question, unless arrangements have been made previously herefore. The division of land and improvement values estimated herein is applicable only under the program of utilization shown. There separate valuations are invalidated by any other applicant. // " , . . . ffrstlOwne. ~ It I. - ...J., ." III', "', ea y """',:.~..,,(,:,.. :."".... :,.,"."if .., "...~l.",."",..~ ~:"i:~'~~ MAIN ROAD SQUTHOLD, NEW YORK 11971 15161 765-2288 ',-::EC;Y./':D fE8 j :) 1990 ~ ::"":',0~'~ . "'I~..t. LEWIS EDSON LICENSED BROKER MAIN ROAD CUTCHOGUE, NEW YORK 11935 15161734-6687 February 16, 1990 APPRAISAL REPORT FOR THE THE TOWN OF SOUTHOLD OF PROPERTY AT SOUTHOLD, NEW YORK 11971 KNOWN AS HIGHPOINT II SECTION III / . . ffrstlOwne, ~alty ,I, MAIN ROAD SOUTHOLO, NEW YORK 11971 (516) 765-2288 LEWIS EDSON L1CENSEO BROKER MAIN ROAO CUTCHOGUE, NEW YORK 11935 15161 734-6687 February 16, 1990 ----------------------- In the Matter of ) The Town of Southold ) ----------------------- State of New York ) ) SS ) County of Suffolk Lewis L. Edson being duly sworn, deposes and say: I am over 21 years of age and reside at Southold, Town of Southold, Suffolk County, New York. I am a duly licensed real estate broker and sole owner of First Towne Realty of Southold and Cutchogue, New York. I have acted in some sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in the Town of Southold. . . suffolk County Tax Map Number: 1000-55-6-15.1 a part of Southold Town Taxes 1989 - 1990: $4,125.21 Property is zoned residential. Respectfully submitted, Lewis L. Edson Licensed Real Estate Broker Subscribed to and sworn before me this 16th day of February 1990. . I/f' c -1'_ Y--/ (7 Lvauf ,/-.....- "'j-'c:&J Notary Public CLAIRE L GLEW Notary Public. State of New York No. 4879505 () " Qualified in Suffolk County 7 0 Commission Expires December 8. 1!l.!..:::: . . On or about December 4, 1990 the Town of Southold requested First Towne Realty to make an appraisal of property in the Town of Southold, Village of Southold, State of New York. While I was then generally familiar with the property, I have since carefully inspected all of the property for the purpose of appraising it. The parcel contains approximately 10.2174 acres and is located in the Village of Southold, Town of Southold, County of Suffolk, State of New York and is bounded on the east by O'Malley on the north by O'Malley on the south by Mooney and on the west by Highpoint II Section II a proposed subdivision. The property is overgrown farmland. . The 1989 - 1990 Southold Town Assessment is: Land Total $9,400 $9,400 Subject parcel is a part of a larger parcel. In my opinion a fair market value for the parcel on December 4, 1989 is $10,000 per acre or $102,000. . . :~-~:(~ . " " t SUBJECT PROPERTY 1 . . QUALIFICATIONS OF LEWIS L. EDSON I am a licensed Real Estate Broker with an office at Main Road, Southold, Suffolk County, New York. I have acted in many sales and purchases in the Town of Southold. I have also bought and sold real property for my own account at Southold and elsewhere in the Town of Southold. I am well acquainted with real estate values in Southold. Prior to opening First Towne Realty in June, 1976, I was with McDonald's Corporation as Director in Charge of new site development. During my nine year tenure, I either purchased or approved the purchase of over 300 locations in the Northeastern section of the United States and Canada. I have done many appraisals in the Town of Southold for individuals, attorneys, and I am an authorized appraiser for the North Fork Bank & Trust Company for commercial properties. I am a member of the Eastern Suffolk Board of Realtors. I have also qualified as an expert witness pertaining to real estate matters, before the Supreme Court of New York and the United States Federal Tax Court. . . LIMITING CONDITIONS This appraisal is subject to the following limiting conditions. The legal description furnished is assumed to be correct. I assume no responsibility for matters legal in character, nor do I render any opinion as to title, which is assumed to be marketable. All existing liens and encumbrances have been disregarded and the property is appraised as though free and clear under responsible ownership and competent management. I have made no survey of the property and assume no responsibility in connection with such matters. Unless otherwise noted herein, it is assumed that there are no encroachments, zoning violations or restrictions existing in the Subject Property. Information, estimated and opinions contained in this report are obtained from sources considered reliable, however, no liability for them can be assumed by the appraiser. Possession of this report, or a copy thereof, does not carry with it the right of publication, nor may it be used for any purpose by any but the applicant without the previous written consent of the appraiser or the applicant, and in any event only with proper qualificatLon. I am not required to give testimony or attendance in court by reason of this appraisal, with reference to the property in question, unless arrangements have been made previously herefore. The division of land and improvement values estimated herein is applicable only under the program of utilization shown. There separate valuations are invalidated by any other applicant. .' . JUDITH T. TERRY TOWN CLERK REGISTRAR Of' VITAL STATISTICS ,>'" \~.'.'1L' . . ('h{'fl r -',\":':0... l'..'~\J "" ~..-.;/-,::~ './ ~., , ~',J_ "".\ ,'j _'>'> .;;-A'~ t:i;::St --'j >j =." f., ;.,\: c:J ':1 ~ '.' hI., ,..'., r-., q '~:-l-~". <- \ =~j '~~ "':~'" __''.l '. V. -.,,,,,, 'S;)\ ,e '. '1~~I"t-;\OJY !. , r--;:; <o.czaLcflv OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 FAX (516) 765-1823 TELEPHONE (516) 765-1801 December 4, 1989 Lewis Edson First Town Realty Main Road Southold, New York 11971 Dear Lew: . ~e"'~ The Southold Town Board at their regular meeting held on . 2", 1989, adopted a resolution engaging your services for the purpose of conducting an appraisal of the subdivision of "Highpoint II, Sections One, Two and Three (DBM Affordable Housing Project), so the Town Board may determine the amount of money to be deposited with the Town in lieu of land for park and playground purposes, all in accordance with Section 106-38.E(3) of the Code of the Town of Southold. The subdivision maps are enclosed herewith. When you have completed your appraisal, please file it with me. Thank you. Very truly yours, ~<-g- Judith T. Terry Southold Town Clerk Enclosures cc: Planning Board .' . .,.... .............. - , I MAP OF HIGHPOINT II AT SOUTHOLD, SECTION ONE AT SOUTHOLD TOWN OF SOUTHOLD SUFFOLK COUNTY, NY. . .".....,,- . n 'J "'1 I? r : ~.~~~;,.-N~Lll_L~.~;.~=-';' ~\ PO\f-X. SEPT.28,1989 DATE: JULY 5,1989 !50 0 50 100 SCALE: I" = 100' NO. 88-1292 YOUNG 400 OS ALDEN W. Y . .E. 8 L.S. LlC. NO. 45893 HOWARD W. YOUNG, N.Y.S. L.S. LIC. NO. 45893 THOMAS C. WOLPERT, N.Y.S. P.E. LIC. NO. 61483 . 50007 j -j -\ -j l "-L-,---{ _ i- :---., r ("'1" ' 7 r----. 'I' 7 , I I ~;r I . : r 99' e '.so: '~,.O~'~H2S' 3nN3^y . i I - ~---- -- ~ ~ ' \---~ ( , tiP E~ ! l;~f-p ----,'l l -LTT, r r , ' 3... oz ro >- o>z 00 ,,- >->- ""i;: ~" >- z o 0- r ,. ~ . . ~ " , ~. It-~._.______ ----~--~ -. -._- -_._--~-- --- --- ------ '.'-""'--- MAP OF OCT 19,1989 SEPT. 28, 1989 DATE' JUNE 9,1989 50 0 eo HIGHPOINT II AT SOUTHOLD, SECTION TWO AT SOUTHOLD TOWN OF SOUTHOLD SUFFOLK COUNTY 1 N \,,\~ OF tv~", ., . ), '~iS'. -, "0 ; 1ft . !J 40 . NUE. RIVERHEAD. N. Y. ALDEN. G, N.Y.S. P.E. 8 L.s. L1C. NO. 12845 HOWARD W. YOUNG, N.Y.s. L.s. L1C. NO.45893 THOMAS C. WOLPERT, N.Y.s. P.E. LIC. NO. 61483 fI]rJ1 @.~ 0 Wi &l~ ii,j,: NnV - 8 1989; J i ! .. ~ . i\.....,._.._._ I 100 SCALE' I" . 100' NO. 88 - 1292 .. 50001 . . ~ ~- c- t t- . ~;IrTrj , : --, "--' ..-1- L- U--'\ \- /\ \ .. \ C\ · \--..- ~ w , z w > . HIGHPOINT It AT SOUTHO SECTION ONE"LD FUTURE SECTION - I -'--" . --j ...., "-1 --r-TT .' , , T'rr . , .:-'::;:L-J. ' , . :1'--/ ~ . ~J~I'-' ~ '.~ \ Il>"(.llo\) TIE IN' L R-=40.00' Z. R =250.00' l =62.26' L :159.26' ,",u"'''' ,-o\lG LOle'O~ ~~p SC E. I '6 ' . JUDITH T. TERRY TOWN CLERK REGISTRAR OF VITAL STATISTICS . Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 FAX (516) 765-1823 TELEPHONE (516) 765.1801 OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD THIS IS TO CERTIFY THAT THE FOllOWING RESOLUTION WAS ADOPTED BY THE SOUTHOlD TOWN BOARD AT A REGULAR MEETING HELD ON NOVEMBER 28, 1989: RESOLVED that the Town Board of the Town of Southold hereby engages the services of Lewis Edson, at a fee of $100.00, for the purpose of conducting an appraisal of the major subdivision of Highpoint II, Sections One, Two and Three (DBM Affordable Housing Project), so the Town Board may determine the amount of money to be deposited with the Town in lieu of land for park and playground purposes, all in accordance with Section Al 06-38E. (3), Subdivision of land, of the Code of the Town of Southold. ~f~~~~ Southold Town Clerk December 1, 1989 . . Town Hall, 53095 Main Road P.O. Box 1179 Southold, New York 11971 TELEPHONE (516) 765-1938 PLANNING BOARD OFFICE TOWN OF SOUTHOLD November 27, 1989 RECEIVED ~O\/. ~; ? 'OR9 ,:.../ Iv...." Judith Terry Town Clerk Southold, NY 11971 ~...l.....f...j'.,....,.~ '-L..4 Highpoint II at Southold RE: DBM Affordable Housing SCTM 11000-55-6-15.1 Dear Mrs. Terry: The following actions were taken by the Southold Town Planning Board on Monday, November 20, 1989. RESOLVED that the Southold Town Planning Board accept the bond estimate in the amount of $565,530.00 and recommend to the Town Board that they approve same. RESOLVED that the Southold Town Planning Board refer this subdivision to the Town Board pursuant to Section 106-38 E (3) for a determination on the amount of money to be deposited with the Town in lieu of land for Park and Playground. If you have any questions, please do not hesitate to contact this office. f1e;J'Y truly Y/j ~1 ~ d- ~ ,,,/ ,/I' 6M</>,t7"'JT~ ~ 7- Bennett Orlowski, Jr. Chairman enc. jt