File #: 11-1211    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 11/14/2011 In control: Finance
On agenda: 11/22/2011 Final action: 11/22/2011
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) Patel, Upendra/248-286 Haynes Ave/ 5088/ 182/ South/ $4,250,800.00/ 2010/ $31,825.44 Patel, Upendra/248-286 Haynes Ave/ 5088/ 182/ South/ $4,250,800.00/ 2010/ $39,775.44 (est) 360-394 Springfield Ave, LLC/360-394 Springfield Ave/ 287/ 19/ Central/ $2,361,800.00/ 2009/$29,082.70 360-394 Springfield Ave, LLC/360-394 Springfield Ave/ 287/ 19/ Central/ $2,361,800.00/ 2010/$33,765.24 360-394 Springfield Ave, LLC/360-394 Springfield Ave/287/ 19/ Central/ $2,361,800.00/ 2011/$33,765.24 est) Total Refund/Credit: $168,214.06 Additional Information: N/A Invitation: Corporation Counsel, November 22, 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)

Patel, Upendra/248-286 Haynes Ave/ 5088/ 182/ South/ $4,250,800.00/ 2010/ $31,825.44

Patel, Upendra/248-286 Haynes Ave/ 5088/ 182/ South/ $4,250,800.00/ 2010/ $39,775.44 (est)

360-394 Springfield Ave, LLC/360-394 Springfield Ave/ 287/ 19/ Central/ $2,361,800.00/ 2009/$29,082.70

360-394 Springfield Ave, LLC/360-394 Springfield Ave/ 287/ 19/ Central/ $2,361,800.00/ 2010/$33,765.24

360-394 Springfield Ave, LLC/360-394 Springfield Ave/287/ 19/ Central/ $2,361,800.00/ 2011/$33,765.24 est)

Total Refund/Credit: $168,214.06

Additional Information:  N/A

Invitation: Corporation Counsel, November 22, 2011