Resolution 270-2025 Maple Commons Fee Agreement Amendment
resolution
1 page
From the meeting:
Board Of Trustees — 2025-11-19
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Agenda item: Proposed Resolutions — Consider authorizing the Village Manager to execute an amendment to the Village Fee Agreement with Regan Development Corp. related to 43-45 Maple Street.
Resolution, 1 page. Attached to agenda item: “Proposed Resolutions — Consider authorizing the Village Manager to execute an amendment to the Village Fee Agreement with Regan Development Corp. related to 43-45 Maple Street.”
Retrieved 2026-04-15 from the village's meeting portal.
View the original PDF ↗
Also attached to this agenda item:
Assignment of Village Fee 002
Maple Commons Memo to Croton 11-17-25
Maple Commons memo
Extracted text
On motion of TRUSTEE ____________, seconded by TRUSTEE ___________,
the following resolution was adopted by the Board of Trustees of the Village of
Croton-on-Hudson, New York with a - vote.
Resolution #270-2025
WHEREAS, the Village of Croton-on-Hudson sold the parcel located at 43-45
Maple Street to Regan Development Corp. (“Regan”) in 2022 for the development
of Maple Commons; and
WHEREAS, the Village and Regan entered into a Payment in Lieu of Taxes
(PILOT) agreement for Maple Commons for a period of 30 years; and
WHEREAS, as part of the approval process, Regan enter into an agreement with
the Village to pay an additional annual fee of $20,000 for the term of the PILOT;
and
WHEREAS, conditions have necessitated an amendment to the fee agreement,
which are more fully detailed in the memo from Village Manager Bryan Healy
attached hereto,
NOW THEREFORE BE IT RESOLVED: that the Village Board hereby authorizes
the Village Manager to execute the amendment to the fee agreement for Maple
Commons, subject to the Village Attorney’s final approval.
Dated: November 19, 2025
Machine-extracted for search and reference — the original PDF is the authoritative version.