NEW YORK STATE URBAN DEVELOPMENT CORPORATION d/b/a ...

DRAFT – SUBJECT TO REVIEW AND REVISION
The present action, Mr. Gawlik continued, involves the sale of property to the Temple to
allow construction of an approximately 2,500 square foot synagogue and the offering price is
$115,000 an acre which is fair market value based on an independent appraisal.
Following the presentation, the Chair called for questions or comments. Hearing none,
and upon motion made and seconded, the following resolution was unanimously adopted:
AUDUBON NEW COMMUNITY – (Erie County) - Authorization to Sell Land to the
Corporation for Urban Development and Research of New York for Resale to Temple
Beth Tzedek
RESOLVED, that based on the materials presented at this meeting with respect to the proposed
land sale to Temple Beth Tzedek or its assignee (the “Purchaser”), a copy of which is hereby
ordered filed with the records of the Corporation, and pursuant to a Memorandum of
Understanding between the Corporation and Corporation for Urban Development and
Research of New York (“UDR”), the Corporation is authorized to sell and convey to UDR
approximately 4.49 +/- acres described in the materials and substantially on the terms and
conditions described in the materials; and be it further
RESOLVED, that the President and Chief Executive Officer or his designee(s), be and the same
hereby is, authorized in the name of and on behalf of the Corporation to take to execute and
deliver and affix the seal of the Corporation to all such agreements, contracts, deeds
certificates and instruments and to take any such action as he may, in his sole discretion,
consider necessary or proper to effectuate the sale of such property.
* * *
Harvey Cohen provided an informational report with regard to the New York is Open for
Business Campaign.
Mr. Cohen noted that the actual campaign is going to be multi-media beginning with 60
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