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)
Sumo Property Management, LLC/37-47 Legal St./3511/36/South/$7,403,300.00/2008/$162,440.10
Sumo Property Management, LLC/37-47 Legal St./3511/36/South/$7,403,300.00/2009/$137,892.22
Sumo Property Management, LLC/37-47 Legal St./3511/26/South/$1,831,000.00/2008/$30,764.36
Sumo Property Management, LLC/37-47 Legal St./3511/26/South/$1,831,000.00/2009/$34,103.29
Sumo Property Management, LLC/37-47 Legal St./3511/30/South/$1,430,800.00/2008/$13,148.34
Sumo Property Management, LLC/37-47 Legal St./3511/30/South/$1,430,800.00/2009/$13,856.60
Total Settlement Amount: Not to exceed $392,204.91
Additional Information:
Invitation: Corporation Counsel, July 6, 2011