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)
99 Chapel St., LLC/2-34 Lister Ave/ 2437/ 25/ East/ $2,000,000.00/ 2008/ $10,396.00
99 Chapel St., LLC/2-34 Lister Ave/ 2437/ 25/ East/ $2,000,000.00/ 2009/ $10,956.00
99 Chapel St., LLC/2-34 Lister Ave/ 2437/ 25/ East/ $1,750,000.00/ 2010/ $4,770.00
99 Chapel St., LLC/2-34 Lister Ave/ 2437/ 25/ East/ $1,750,000.00/ 2011/ $4,770.00 (est.)
1205 Broad Street /1205 Broad St./ 2806/ 24/ South/ $450,000.00/ 2009/ $1,095.60
1205 Broad Street/1205 Broad St./ 2806/ 24/ South/ $450,000.00/ 2010/ $1,272.00
E&M Super Service Inc./ 1126-1134 McCarter Hwy/6/1/North/$1,205,700.00/2008/$5,346.14
E&M Super Service Inc./ 1126-1134 McCarter Hwy/6/1/North/$1,150,000.00/2009/$9,586.50
E&M Super Service Inc./ 1126-1134 McCarter Hwy/6/1/North/$1,000,000.00/2010/$6,360.00
Lockwood Street Urban Renewal/72-82 Lockwood St./2412/43/East/$1,850,000.00/2008/$2,599.00
Lockwood Street Urban Renewal/72-82 Lockwood St./2412/43/East/$1,850,000.00/2009/$5,478.00
Lockwood Street Urban Renewal/72-82 Lockwood St./2412/43/East/$1,850,000.00/2010/$6,360.00
Lockwood Street Urban Renewal/72-82 Lockwood St./2412/43/East/$1,850,000.00/2011/$6,360.00(est.)
Patel, Upendra/248-286 Haynes Ave/5088/182/South/$4,250,800.00/2008/$13,015.79
Patel, Upendra/248-286 Haynes Ave/5088/182/South/$4,250,800.00/2009/$20,564.41
Sunrise Newark Development/972 Broad St./882/74/East/$2,000,000.00/2008/$5,198.00
Sunrise Newark Development/972 Broad St./882/74/East/$2,000,000.00/2009/$5,478.00
Sunrise Newark Development/972 Broad St./882/74/East/$2,000,000.00/2010/$6,360.00
Sunrise Newark Development/972 Broad St./882/74/East/$2,000,000.00/2011/$6,360.00(est.)
Terra Nostra Enterprises Inc./713-721 McCarter Hwy/168/1.01/East/$554,700.00/2007/$0.00
Terra Nostra Enterprises Inc./713-721 McCarter Hwy/168/1.01/East/$554,700.00/2008/$1,491.83
Terra Nostra Enterprises Inc./713-721 McCarter Hwy/168/1.01/East/$554,700.00/2009/$2,010.43
Terra Nostra Enterprises Inc./713-721 McCarter Hwy/168/1.01/East/$554,700.00/2010/$2,334.12
Terra Nostra Enterprises Inc./713-721 McCarter Hwy/168/1.01/East/$554,700.00/2011/$2,334.12(est.)
Terra Nostra Enterprises Inc./723-733 McCarter Hwy/168/1.02/East/$239,600.00/2007/$0
Terra Nostra Enterprises Inc./723-733 McCarter Hwy/168/1.02/East/$239,600.00/2008/$0
Terra Nostra Enterprises Inc./723-733 McCarter Hwy/168/1.02/East/$239,600.00/2009/$0
Terra Nostra Enterprises Inc./723-733 McCarter Hwy/168/1.02/East/$239,600.00/2010/$0
Terra Nostra Enterprises Inc./723-733 McCarter Hwy/168/1.02/East/$239,600.00/2011/$0
Vieira, Joaquim & Maria et al/94 Van Buren St./1992/48/East/$265,000.00/2009/$1,780.35
Vieira, Joaquim & Maria et al/94 Van Buren St./1992/48/East/$265,000.00/2010/$2,067.00
Vieira, Joaquim & Maria et al/94 Van Buren St./1992/48/East/$265,000.00/2011/$2,067.00(est)
Spring Enterprise LLC/1189-1225 McCarter Hwy/8/9.04/East/$2,495,900.00/2009/$18,627.94
Spring Enterprise LLC/1189-1225 McCarter Hwy/8/9.04/East/$2,495,900.00/2010/$21,627.18
Spring Enterprise LLC/1189-1225 McCarter Hwy/8/9.06/East/$1,323,200.00/2011/$9,028.02(est)
Spring Enterprise LLC/18-44 Spring St./8/9.05/East/$1,518,000.00/2011/$16,710.90(est)
MZL LLC/111-17 S. 15th St./1862/2/West/$342,500.00/2009/$2,739.00
MZL LLC/111-17 S. 15th St./1862/2/West/$342,500.00/2010/$3,180.00
MZL LLC/111-17 S. 15th St./1862/2/West/$342,500.00/2011/$3,180.00(est)
Total Refund/Credit: $221,503.33
Additional Information: N/A
Invitation: Corporation Counsel, November 22, 2011