File #: 15-1922    Version: 1 Name: Tax Appeal Stipulation of Settlement
Type: Resolution Status: Filed
File created: 10/2/2015 In control: Finance
On agenda: 11/5/2015 Final action: 11/5/2015
Title: Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Stipulation of Settlements for Tax Appeals List of Property: (Tax Payer/Address/Block/Lot/Ward/Assmnt./Year/Refund Amount) Positive Health Care, Inc./444 South 18th Street/321/44/$353,700/2011/-$11,771.14 Positive Health Care, Inc./54-56 First Street/1846/1.16/$381,900/2011/-$12,709.63 Positive Health Care, Inc./104 Fabyan Place/3082/21/$210,200/2011/-$6,995.46 Positive Health Care, Inc./136 Seymour Avenue/3019/22/$274,200/2011/-$9,125.38 Positive Health Care, Inc./784 South 13th Street/2649/10/$294,800/2011/-$9,810.94 Positive Health Care, Inc./782 South 13th Street/2649/9/$312,600/2011/-$10,403.33 Positive Health Care, Inc./818 South 16th Street/2646/48/$321,100/2011/-$10,686.21 Positive Health Care, Inc./125 Seymour Avenue/3024/87/$227,700/2011/-$7,577.86 Positive Health Care, Inc./108 Fabyan Place/3082/19/$229,900/2011/-$7,651.07 Positive Health Care, Inc./477 South 18th Str...
Sponsors: Council of the Whole

Title

Dept/ Agency: Finance

Action:  (   ) Ratifying     (X) Authorizing     (   ) Amending

Purpose: Stipulation of Settlements for Tax Appeals

List of Property:

(Tax Payer/Address/Block/Lot/Ward/Assmnt./Year/Refund Amount)

Positive Health Care, Inc./444 South 18th Street/321/44/$353,700/2011/-$11,771.14 Positive Health Care, Inc./54-56 First Street/1846/1.16/$381,900/2011/-$12,709.63 Positive Health Care, Inc./104 Fabyan Place/3082/21/$210,200/2011/-$6,995.46 Positive Health Care, Inc./136 Seymour Avenue/3019/22/$274,200/2011/-$9,125.38 Positive Health Care, Inc./784 South 13th Street/2649/10/$294,800/2011/-$9,810.94 Positive Health Care, Inc./782 South 13th Street/2649/9/$312,600/2011/-$10,403.33 Positive Health Care, Inc./818 South 16th Street/2646/48/$321,100/2011/-$10,686.21 Positive Health Care, Inc./125 Seymour Avenue/3024/87/$227,700/2011/-$7,577.86 Positive Health Care, Inc./108 Fabyan Place/3082/19/$229,900/2011/-$7,651.07 Positive Health Care, Inc./477 South 18th Street/325/12/$315,900/2011/-$10,513.15 Positive Health Care, Inc./75 South 9th Street/1856/27/$279,300/2011/-$9,295.10 Positive Health Care, Inc./73 South 9th Street/1856/26/$200,500/2011/-$6,672.64 Bida, Ilirjan/19-21 Montrose Street/4179/2/$64,500/2013/-$782.55 Bida, Ilirjan/19-21 Montrose Street/4179/2/$64,500/2014/-$821.77 Bida, Ilirjan/19-21 Montrose Street/4179/2/$64,500/2015/-$876.89 Har Ste Realty Corp./32-34 William Street/94/1/$335,000/2009/-$958.65 Har Ste Realty Corp./32-34 William Street/94/1/$335,000/2011/-$1,164.80 Har Ste Realty Corp./32-34 William Street/94/1/$335,000/2012/-$1,208.20

Additional Information: 

Total Tax Difference: $119,024.77

Invitation: Corporation Counsel, November 4, 2015

body

 

 

 

WHEREAS, there are now pending before the Tax Court of New Jersey direct appeals challenging real property assessments and actions to review judgments of the Essex County Board of Taxation with regard to properties listed on the attached Schedule A; and

 

                     WHEREAS, after a review of the appraisals of both the City and the taxpayer and an analysis of prior County Board and Tax Court actions as they affect these properties, and after careful consideration of these facts, it is the opinion of the Tax Assessor and the Corporation Counsel that these settlements are in the best interests of the City of Newark. 

 

NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:

 

1.                     The Corporation Counsel of the City of Newark be and is hereby authorized to execute a Stipulation of Settlement with regard to certain properties as set forth in Schedule A, after receipt of all documents deemed appropriate.

 

2.                     The City Clerk shall serve a copy of this resolution upon the Tax Assessor, Corporation Counsel and the Department of Finance.

 

STATEMENT

 

This resolution authorizes the execution of a Stipulation of Settlement with regard to Tax Appeals on properties set forth in Schedule A.