File #: 11-1027    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 9/27/2011 In control: Finance
On agenda: 10/5/2011 Final action: 10/5/2011
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 Evergreen LLC/856-882 Frelinghuysen Avenue/3775/10/South/$6,500,000.00/2008/$0.00 99 Evergreen LLC/856-882 Frelinghuysen Avenue/3775/10/South/$6,500,000.00/2009/$6,847.50 99 Evergreen LLC/856-882 Frelinghuysen Avenue/3775/10/South/$6,500,000.00/2010/$7,950.00 99 Evergreen LLC/856-882 Frelinghuysen Avenue/3775/10/South/$6,500,000.00/2011/$15,900.00 Jersey Industrial Properties/127-139 Frelinghuysen Avenue/2778/2/South/$725,000.00/2009/$3,423.75 Jersey Industrial Properties/127-139 Frelinghuysen Avenue/2778/2/South/$725,000.00/2010/$3,975.00 McCarter Highway Holdings, Inc/1299-1345 McCarter Hwy/444/1/North/$1,200,000.00/2009/$5,478.00 McCarter Highway Holdings, Inc/1299-1345 McCarter Hwy/444/1/North/$1,200,000.00/2010/$6,360.00 Romero, Luis & Francisca/456-466 3rd Avenue...

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 Evergreen LLC/856-882 Frelinghuysen Avenue/3775/10/South/$6,500,000.00/2008/$0.00

99 Evergreen LLC/856-882 Frelinghuysen Avenue/3775/10/South/$6,500,000.00/2009/$6,847.50

99 Evergreen LLC/856-882 Frelinghuysen Avenue/3775/10/South/$6,500,000.00/2010/$7,950.00

99 Evergreen LLC/856-882 Frelinghuysen Avenue/3775/10/South/$6,500,000.00/2011/$15,900.00

Jersey Industrial Properties/127-139 Frelinghuysen Avenue/2778/2/South/$725,000.00/2009/$3,423.75

Jersey Industrial Properties/127-139 Frelinghuysen Avenue/2778/2/South/$725,000.00/2010/$3,975.00

McCarter Highway Holdings, Inc/1299-1345 McCarter Hwy/444/1/North/$1,200,000.00/2009/$5,478.00

McCarter Highway Holdings, Inc/1299-1345 McCarter Hwy/444/1/North/$1,200,000.00/2010/$6,360.00

Romero, Luis & Francisca/456-466 3rd Avenue W/1943/1/North/$400,000.00/2009/$1,369.50

Romero, Luis & Francisca/456-466 3rd Avenue W/1943/1/North/$400,000.00/2010/$1,590.00

Stypa, Joseph & Kathryn Berkowitz (Trustee)/43 Fulton Street/15/35/Central/$281,800.00/2009/$871.00

Stypa, Joseph & Kathryn Berkowitz (Trustee)/43 Fulton Street/15/35/Central/$281,800.00/2010/$1,011.24

Stypa, Joseph & Kathryn Berkowitz (Trustee)/45 Fulton Street/15/36/Central/$296,000.00/2009/$1,259.94

Stypa, Joseph & Kathryn Berkowitz (Trustee)/45 Fulton Street/15/36/Central/$296,000.00/2010/$1,462.80

Thomas St. Realty Corp. & Wagon/262-268 Thomas Street/1161/24/East/$321,100.00/2007/$2,739.00

Thomas St. Realty Corp. & Wagon/262-268 Thomas Street/1161/24/East/$321,100.00/2008/$2,858.90

Thomas St. Realty Corp. & Wagon/262-268 Thomas Street/1161/24/East/$321,100.00/2009/$3,286.80

Thomas St. Realty Corp. & Wagon/262-268 Thomas Street/1161/24/East/$321,100.00/2010/$3,816.00

Thomas St. Realty Corp. & Wagon/270-272 Thomas Street/1161/28/East/$358,900.00/2007/$2,241.00

Thomas St. Realty Corp. & Wagon/270-272 Thomas Street/1161/28/East/$358,900.00/2008/$2,339.10

Thomas St. Realty Corp. & Wagon/270-272 Thomas Street/1161/28/East/$358,900.00/2009/$2,739.00

Thomas St. Realty Corp. & Wagon/270-272 Thomas Street/1161/28/East/$358,900.00/2010/$3,180.00

Tilden Enterprises, LLC/862-864 Summer Avenue/842/31/North/$290,000.00/2009/$671.06

Tilden Enterprises, LLC/862-864 Summer Avenue/842/31/North/$290,000.00/2010/$779.10

V&C Corporation/176 Malvern Street/977/19/East/$609,900.00/2007/$3,222.06

V&C Corporation/176 Malvern Street/977/19/East/$609,900.00/2008/$5,182.41

V&C Corporation/176 Malvern Street/977/19/East/$609,900.00/2009/$6,831.07

V&C Corporation/176 Malvern Street/977/19/East/$609,900.00/2010/$7,930.92

V&C Corporation/170-174 Malvern Street/977/22/East/$664,500.00/2007/$1,743.00

V&C Corporation/170-174 Malvern Street/977/22/East/$664,500.00/2008/$2,599.00

V&C Corporation/170-174 Malvern Street/977/22/East/$664,500.00/2009/$3,423.75

V&C Corporation/170-174 Malvern Street/977/22/East/$664,500.00/2010/$3,975.00

Vieira, Carlos & Maria/49-51 Fleming Avenue/2022/4/East/$532,000.00/2008/$0.00

Vieira, Carlos & Maria/49-51 Fleming Avenue/2022/4/East/$532,000.00/2009/$2,245.98

Vieira, Carlos & Maria/49-51 Fleming Avenue/2022/4/East/$532,000.00/2010/$2,607.60

Additional Information:  Total Refund/Credit: $121,909.47

Invitation: Corporation Counsel, October 4, 2011