DATED: 1981

LOCAL LAW N0.1 1981
AN ACT Authorizing the sale of No. 2 Park Street, Amsterdam, New York, at private sale, on limited credit terms.
BE IT ENACTED by the Board of Supervisors of the County of Montgomery, New York, as follows:
SECTION 1. LEGISLATIVE FINDINGS
The Board of Supervisors hereby finds and declares that the sale of parcel of land with a wood frame modified residence thereon, formerly used as quarters for the Montgomery County Mental Health Clinic commonly known and designated as No. 2 Park Street, Amsterdam, New York, at private sale will produce the highest possible price for the property. It is in the best interests of the county to obtain the highest possible price for the property. The property is no longer needed or useful for county purposes.
SECTION 2. AUTHORIZATION FOR PRIVATE SALE
1 . The Board of Supervisors authorizes the sale of the county property commonly known and designated as No. 2 Park Street, Amsterdam, New York, for the sum of S 45,000.00 to the Amsterdam Industrial Development Agency.
2 . The Board of Supervisors further authorizes the acceptance of a $45,000.00 Amsterdam Industrial Development Agency Bond payable on or before the 31st day of December, 19 81, without interest, as payment for the property.
3. The Chairman of the Board of Supervisors is authorized to execute and deliver a bargain and sale deed for the property to the Amsterdam Industrial Development Agency.
SECTION 4. EFFECTIVE DATE
This act shall take effect immediately.