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  • Oyster Bay Letter To P.G.C. Holding Corp.

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    The Town of Oyster Bay sent a letter to P.G.C. Holding Corp. expressing interest in purchasing Peninsula Golf Course in East Massapequa.

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    Oyster Bay letter to P.G.C. Holding Corp.

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    The Town of Oyster Bay sent a letter to P.G.C. Holding Corp. expressing interest in purchasing Peninsula Golf Course in East Massapequa.

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    705 views7 pages

    Oyster Bay Letter To P.G.C. Holding Corp.

    Uploaded by

    Newsday
    The Town of Oyster Bay sent a letter to P.G.C. Holding Corp. expressing interest in purchasing Peninsula Golf Course in East Massapequa.

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    of 7
    TOWN ATTORNEY DEPUTY TOWN ATTORNEY eer Office of the Town Attorney CAS Town of Oyster Bay sro av speci. counsel Toma sone seman Tune neuer se ALOREY AVENUE THONG SABELIC0 overeat ieee santos eaeerse ‘snave, ena a CHARLES G. !cQUAIR March 23, 2021 Mr. Nicholas DeSibio President P.G.C. Holding Corp. 50 Nassau Road ‘Massapequa, New York 11758 Re: Peninsula Golf Course, East Massapequa, New York 50 Nassau Road Section 66, Block 057, Lot 125 and Section 66, Block 054, Lot 048 on the .d and Tax Map of the County of Nassau Dear Mr. DeSibio: This letter shall serve to advise you of the Town of Oyster Bay's interest in purchasing the above referenced property from your company for use as a golf course. We look forward to Working with you and shall await hearing from you to discuss same. If you should have any questions, kindly contact the undersigned. Very truly yours, FRANK M, SCALERA TOWN ATTORNEY joy hens B. Mayer, Jr. Deputy Town Attomey KIU:Kju File: GS 4017 ce: Nicholas DeSibio, sq. ‘Tomy arronwey p aTroR rea i Sal Office of the Town Attorney See om Town of Oyster Bay sro ar secu counsen To os stWowas i SABELLICO ovstexear ny. 11771 ASSISTANT TON ATTORNEY (Gis) e203i80 FAK 616) €226108 ww optatayonm.com ‘April 5, 2021 Mr. Nicholas DeSibio a Island Park, New York 11558 Re: Peninsula Golf Course, East Massapequa, New York 50 Nassau Road Section 66, Block 057, Lot 125 and Section 66, Block 054, Lot 048 on the ‘Land and Tax Map of the County of Nassau Dear Mr. DeSibio: This letter shall serve to advise you of the Town of Oyster Bay’s interest in purchasing the above referenced property from your company for use as a golf course. We look forward to working with you and shall await hearing from you to discuss same. If you should have any questions, kindly contact the undersigned. Very truly yours, FRANK M. SCALERA TOWN ATTORNEY Harold B. Mayer, Jr. Deputy Town Attormey KIU:ju File: GS 4017 git ‘TOWN ATTORNEY DEPUTY TOUN ATTORNEY FROM, SCALERA Office of the Town Attorney eared Town of Oyster Bay iso hr poe aaa Soman Ses oe sloney AVENUE THIS Me SABELLICO OveTER BAY Yi ‘Asse TANT TOW ATTORNEY April 13, 2021 ounizee WouAn FAX G16) e2te166 wu opstrbetown com Via First Class Mail and ini Nicholas DeSibio, Es Island Park, New York 11558 Re: Peninsula Golf Course, East Massapequa, New York 50 Nassau Road Section 66, Block 057, Lot 125 and Section 66, Block 054, Lot 048 on the Land and Tax Map of the County of Nassau Dear Mr. DeSibio: This correspondence is in furtherance of our letter of April 5, 2021 and our secent telephone conversation, The Town has received an appraisal of the subject property and is prepared to enter into the Contract of Sale in order to purchase the property. The purchase price would be $4,400,000. Said Contract would be subject to the approval of the Town Board, the Town obtaining a Title report indicating that marketable title can be transferred by your client, as well as, the usual and customary conditions of property transactions in Nassau County. This would be an “all cash deal” with no mortgage. The Town anticipates closing expeditiously. Please call me at your convenience to arrange for the Contract Preparations. “Thank you for your courtesies. Very traly yours, FRANK M. SCALERA TOWN ATTORNEY Harold B. Mayer, I. Deputy Town Attomey HBM:aml File: GS 4017 | OFFICE OF THETONN ATTORNE! FILE COPY T (i Nicholas DeSibio La areal {land Pack, NY 14652 ell movie tax at April 15, 2021 Frank M. Scalera, E39. Town Atiomey, Town of Oyster Bay Town Hell 54 Audrey Avé. Oyster Bay, NY 11774 Att: Harold 8. Meyer Jr., Esq., Deputy Town Atty, RE: Peninsula Golf Course a/k/a P.G.C, Holding Corp 50 Nassau Rd., Massapequa, NY Gentlemen: Asa follow up to your lelters of March 23, 2021, Aprit §, 2024 & Aprit 13, 2021, regatding the above, | have enclosed a copy of a Resolution, dated March 18, 2021, which was adopted by the stockholders of the above corporation. | would appreciat you would contact me upon the receipt of it in order to discuss the terms of same. Thank you. rytuly 9p rs, Hegl te Nicholas DeSiblo CC: Board of Directors, P.G.C. Holding Corp. SOLU’ R. folding Co Dated: Maret: 18, 202). BEIT RESOLVED thet the Stockholders of P.G.C, Holding Corp. hereby approve the sale of its Golf Course and improvements lovated at 50 Nassau Re, ‘Massapegua, New York, also known 0s Section 65, Block 57, Lot 125 and-Section 66.,Block 54, Lot 48 on:the Nassau: County Land & Tax Map to Great American Bropieiits Inc., Riokard G, Schaub Jr. President, with ofices

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